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Developer for $54,987 subject to the EDA's compliance with the requirements of Minnesota <br />Statutes, section 469.105. <br />1.05. Pursuant to Minnesota Statutes, section 469.105, the EDA has held a public hearing <br />on the proposed sale of the Property to the Developer, following published notice as required by <br />law, at which hearing all persons wishing to express an opinion were given an opportunity to do <br />so. <br />Section 2. Findings. <br />2.01. It is hereby found and determined that the sale of the Property to the Developer is in <br />the best interest of the EDA. <br />2.02. It is hereby found and determined that the sale of the Property furthers the EDA's <br />general plan of economic development of the community. <br />Section 3. Authorization. <br />3.01. The President and Executive Director are hereby authorized and directed to execute <br />a quit claim deed and other appropriate documents to facilitate sale of the Property to the <br />Developer. <br />3.02. The President, Executive Director, staff and consultants are hereby authorized and <br />directed to take any and all other steps necessary or convenient in order to accomplish the sale of <br />the Property. <br />Dated: October 13, 1997. <br />ATTEST: <br />Executive Director <br />The motion for the adoption of the foregoing resolution was duly seconded by member <br />and upon vote being taken thereon, the following voted in favor <br />Bergeson <br />thereof: <br />J. Landers, S. Kuether, J. Bergeson, A. Neal <br />and the following voted against same: <br />(Lyden absent) <br />Whereupon said resolution was declared duly passed and adopted. <br />