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RESOLUTION NO. 98-EDA-93 <br /> PAGE TWO OF TWO <br /> necessary on behalf of the Authority to implement the Agreement,including the demolition of the <br /> Property's building,which is being accomplished for redevelopment purposes. <br /> 2.03 That the Board of the Authority hereby determines that the execution and performance of <br /> the Agreement for redevelopment of the Property will help realize the public purposes of the Act and are <br /> in furtherance of the Project Plan and the Housing Replacement Program and authorizes the President and <br /> Executive Director to appropriate a maximum of$15,000 in tax increment funds to arrange for the <br /> demolition of the building on the property located at 8300 Fairchild Avenue. <br /> Adopted by the Board of Commissioners of the Mounds View Economic Development Authority this 26th <br /> day of April, 1999. <br /> Dan Coughlin,President <br /> ATTEST: <br /> Charles S.Whiting,Executive Director <br /> N:\DATA\GROUPS\ECONDE V\EDA-EDC\EDA\RES99\RS99-110.EDA.DOC <br />