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RESOLUTION NO. 99 -EDA -114 <br />PAGE TWO OF TWO <br />and the subsequent acquisition and/or clearance of the Property would be in <br />furtherance of the Project Plan and the Housing Replacement Program and <br />hereby approves and authorizes said actions, including an appraisal of the <br />property and the execution of the Agreement by the officers of the Authority in <br />their discretion and at such time, if any, as they may deem appropriate. <br />2.02 Upon execution and delivery of the Agreement, the officers and employees of <br />the Authority (including members of the City Staff, acting in their capacity as <br />staff to the Authority as well) are hereby authorized and directed to take or <br />cause to be taken such actions as may be appropriate or necessary on behalf of <br />the Authority to implement the Agreement, including the acquisition of the <br />Property with a priority to use Community Development Block Grant funds <br />appropriated by Ramsey County to the Mounds View EDA for acquisition and <br />demolition of Program properties for redevelopment purposes. In the event the <br />subject site does not meet guidelines for the use of CDBG funds, the Authority <br />authorizes the use of TIF funds to implement the Agreement, including the <br />acquisition of the property. <br />Adopted by the Board of Commissioners of the Mounds View Economic Development <br />Authority this 28th day of June 1999. <br />Dan Coughlin, President <br />ATTEST: <br />Charles S. Whiting, Executive Director <br />