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LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY <br /> RESOLUTION NO.23-02 <br /> RESOLUTION APPROVING THE PURCHASE OF TAX FORFEITED LAND WITHIN THE CITY OF LINO LAKESS <br /> WHEREAS, the Anoka County Board of Commissioners has identified land within the City of Lino <br /> Lakes which has been forfeited to the State of Minnesota pursuant to Chapter 282 of the Minnesota <br /> Statutes; and <br /> WHEREAS, the Lino Lakes Economic Development Authority (the "EDA") has the authority to <br /> purchase property for economic development purposes; and <br /> WHEREAS, certain real land identified as Anoka County Tax Parcel, 18-31-22-41-0011, legally <br /> described on Exhibit A, attached hereto, is located in the Apollo Business Park; and <br /> WHEREAS,the parcel may be used for expansion of abutting industrial properties; and <br /> NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Lino Lakes <br /> Economic Development Authority that: <br /> 1. The purchase of parcel 18-31-22-41-0011 is hereby approved and staff is authorized and <br /> directed to notify the Anoka County Land Commissioner of the EDA's intent to purchase the property. <br /> Approved by the Board of Commissioners of the Lino Lakes Economic Development Authority this <br /> 11th day of December 2023. <br /> Presi ent,Ton Cavegn <br /> ATTEST: <br /> tak Ulf t •iis <br /> Executive Director, Sarah Cotton <br />