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Resolution 99-EDA111
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Resolution 99-EDA111
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Last modified
8/10/2022 11:15:33 AM
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2/2/2007 9:20:40 AM
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MV EDA
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Resolutions
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<br />RESOLUTION NO. 99-EDA-lI1 <br />PAGE TWO OF TWO <br /> <br />. <br /> <br />Authority as well) are hereby authorized and directed to take or cause to be taken such actions <br />as may be appropriate or necessary on behalf of the Authority to implement the Agreement, <br />including the acquisition of the Property, which is being accomplished for redevelopment <br />purposes. <br /> <br />2.03 That the Board of the Authority hereby determines that the execution and <br />performance of the Agreement and acquisition of the Property will help realize the public <br />purposes of the Act and are in furtherance of the Project Plan and authorizes the President and <br />Executive Director to appropriate a maximum of $85,000 in tax increment funds to purchase <br />the property located at 2091 Hillview Road for redevelopment purposes. <br /> <br />Adopted by the Board of Commissioners of the Mounds View Economic Development <br />Authority this 26th day of April, 1999. <br /> <br /> <br />ATTEST: <br /> <br />. c(1ij; U~' <br /> <br />Charles S. Whiting, Ex cutive Director <br /> <br />. F:\DA T A\GROUPSIECONDEV\EDA-EDCIEDAIRES99\RS99-1I I,EDADOC <br />
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