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<br />RESOLUTION NO. 96-EDA47 <br /> <br />. <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />ST ATE OF MINNESOTA <br /> <br />RESOLUTION APPROVING AND AUTHORIZING THE ACQUISITION OF CERTAIN <br />PROPERTY FOR REDEVELOPMENT PURPOSES <br /> <br />It is hereby resolved by the Board ofCommissioncrs (the Board) of the Mounds View Economic <br />Development Authority (the Authority) as follows: <br /> <br />1. RECITALS: <br /> <br />(a) the Authority has the powers provided in MilU1esota Statutes, Sections 469.124 to 469.124 <br />and 469.090 to 469.108 (collectively the Act). <br /> <br />(b) Pursuant to and in furtherance of the objectives of the Act, the Authority has undertaken a <br />program to promote development and redevelopment of certain land within the City of <br />Mounds View and in this connection is engaged in carrying out the Mounds View Economic <br />Development Project (the Project) within the City. <br /> <br />. <br /> <br />(c) There has been approved pursuant to the Act a Project Plan for the Project. <br /> <br />.. <br /> <br />(d) The redevelopment and development of property are stated objectives of the Project Plan. <br /> <br />(e) The Authority desires to acquire three tax forfeited lands locatcd in the City between <br />Woodlawn Drive and Long Lake Road, identified by parcel numbers 053023330058, <br />053023330059 and 053023330060 for an amount not to exceed $4,800. <br /> <br />.., The Board hcreby determines that the purchase of the tax forfeited lands would be in furtherance of <br />the Project Plan and hereby approves and authorizes said actions. <br /> <br />3. The Board hereby determines that the acquisition of the three tax forfeited lands will help realize the <br />public purposes of the Act and is in furtherance of the Project Plan. <br /> <br />Adopted this 13th day of May, 1996. <br /> <br />ATTEST: <br /> <br />~~ <br />President <br /> <br />1) ;/ <br />1.ccl-1l-'-X' Lbz...../l'L.c;b(-._. <br />/ E' / / . / D' ' <br />./ XeGutlve lrector <br />( <br /> <br />. (SEAL) <br />