Laserfiche WebLink
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION 13-EDA-278 <br /> MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br /> RESOLUTION AUTHORIZING PURCHASE OF PROPERTY <br /> WHEREAS, Krystal Maintenance, Inc., a Minnesota corporation ("Seller") is an owner of <br /> real estate located at 2394 County Road 10,Mounds View,Ramsey County, Minnesota,and which <br /> Parcel I.D. No. 08.30.23.31.0071 and is legally described in the Agreement as hereinafter defined <br /> (the"Property"); and <br /> WHEREAS, the Mounds View Economic Development Authority, a public body <br /> corporate and politic(the"EDA")desires to purchase of the Property from the Seller; and <br /> WHEREAS, the EDA has followed applicable statutory provisions and the EDA finds that <br /> the purchase of the Property will fulfill the objectives, goals and mission of the EDA;and <br /> WHEREAS, the EDA has caused to be prepared an offer and purchase agreement (the <br /> "Agreement") providing for the terms of the conveyance of the Property from Seller to the EDA, <br /> with such Agreement being as set forth in Exhibit A and incorporated into and made a part of this <br /> Resolution. <br /> NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF <br /> THE MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY,AS FOLLOWS: <br /> 1. The recitals set forth in this Resolution are incorporated into and made a part of this <br /> Resolution. <br /> 2. The purchase of the Property by the EDA is hereby approved pursuant to the terms <br /> of the Agreement,which is also approved in substantially the form presented to the Commission on <br /> this date, subject to modifications that do not materially alter the EDA's rights and obligations under <br /> the Agreement and that are approved by the Authority's President and Executive Director, which <br /> approvals shall be conclusively evidenced by execution of the Agreement. <br /> 3. The President and Executive Director of the EDA are hereby authorized and directed <br /> to execute all appropriate documents, including but not limited to the Agreement, to effectuate the <br /> transaction contemplated by this Resolution. <br /> 4. The President and Executive Director of the EDA, staff and consultants are hereby <br /> authorized and directed to take any and all additional steps and actions necessary or convenient in <br /> order to accomplish the intent of this Resolution. <br /> 1 <br /> 425581v2 SJRMU210-213 <br />