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<br />'\ <br /> <br />..; <br /> <br />. <br /> <br />. <br /> <br />:......,:-...,.! ~.::.i,.,~-. !.:~ -: r~,:\- ~ [{! <br /> <br />capacity as staff to the Authority as well) are hereby authorized and directed to <br />take or cause to be taken such actions as may be appropriate or necessary on <br />behalf of the Authority to implement the Contract, including the demolition of the <br />PrDperty, which is being accomplished for redevelopment purpDses. <br /> <br />2.03 That the Board of the Authority hereby determines that the <br />execution and performance of the Contract and demolition of the Property will <br />help realize the public purposes of the Act and are in furtherance of the Project <br />Plan and authorizes the President and Executive Director to appropriate a <br />maximum of $16,580 plus asbestos abatement costs, and up to a ten percent <br />contingency buffer for any unanticipated or unforeseen expenses, of tax <br />increment funds to demolish the property located at 7861 Groveland Road for <br />redevelopment purposes. <br /> <br />Adopted by the Board of Commissioners of the Mounds View Economic <br />Development Authority this 14th day of November 2005. <br /> <br />1 ' <br />~ /' ,~/-~ <br />.6~~~t~~ <br />Roo Marty, President ~ --- <br /> <br />ATTEST: <br /> <br />~ ~~ ~~O <br /> <br />Kurt Ulrich, Executive Director <br />