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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION NO. 01-EDA-152 <br /> <br />MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION AUTHORIZING THE SALE AND REDEVELOPMENT OF EDA-OWNED <br />LAND LOCATED AT 2625 COUNTY HIGHWAY 10 TO THE <br />MOUNDS VIEW ANIMAL HOSPITAL FOR $50,000 <br /> <br />It is hereby resolved by the Board of Commissioners (the "Board") of the Mounds <br />View Economic Development Authority (the "Authority") as follows: <br /> <br />WHEREAS, the EDA acquired real property located at 2625 County Highway 10 <br />(the "Property") in 1995; and, <br /> <br />WHEREAS, the EDA, after demolishing the existing building and restoring the <br />Property, marketed the Property for commercial redevelopment; and, <br /> <br />WHEREAS, On May 2,2001, the EDA received a purchase offer from the Mounds <br />View Animal Hospital with certain contingencies; and, <br /> <br />WHEREAS, the Purchaser intends to construct upon the property a 5,086 square <br />foot, single-story veterinary clinic and animal boarding facility; and, <br /> <br />WHEREAS, the EDA, on May 7, 2001 provided staff with direction to accept the <br />purchase offer from the Mounds View Animal Hospital (the "Purchaser") for the property in <br />the amount of $50,000; and, <br /> <br />WHEREAS, the EDA, on October 1,2001, held a public hearing regarding <br />conveyance of the Property to the Purchaser at which time all interested persons were <br />given an opportunity to be heard. <br /> <br />NOW THEREFORE BE IT RESOLVED, that the Mounds View Economic <br />Development Authority, finding that the proposed development would be consistent with the <br />City's Comprehensive Plan and Zoning Code, and finding that the proposed development <br />would be a low intensity use with little impact to the neighborhood, hereby approves the <br />sale of the Property to the Purchaser in the amount of $50,000, less submitted earnest <br />money. <br /> <br />NOW THEREFORE BE IT FURTHER RESOLVED, that the Mounds View Economic <br />Development Authority hereby authorizes its President and Executive Director to execute a <br />Purchase and Redevelopment Agreement which articulates the conditions and <br />requirements of this sale. <br />