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07-28-1997 EDA
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07-28-1997 EDA
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Last modified
1/29/2025 9:15:55 AM
Creation date
6/15/2018 5:57:36 AM
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MV Commission Documents
Commission Name
Economic Development Authority
Commission Doc Type
Agenda Packets
MEETINGDATE
7/28/1997
Commission Doc Number (Ord & Res)
0
Supplemental fields
Date
7/28/1997
EDA Document Type
Council Packets
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FROM BRIGGS AND MORGAN ST.PAUL 612 223 6645 (THU)07,24'97 11:44 /ST, 11:41/ NO,3360015-940 P. 5 <br /> Property. Published notice of the public hearing was given, <br /> and all persons who wished to address the Board on the <br /> question weregiven an opportunity to do so. <br /> 2. The Board hereby approves the sale of the Property undlr <br /> the Housing Replacement Program and the Project Plan. Any.f t7. <br /> lsale, together with the terms and conditions related thereto ands '1. <br /> .4 re-use of the Property, Shall be subject to final approval � <br /> the Board in its discretion, whether or not the Property is <br /> conveyed in connection with the proposed MSP Development. The sale <br /> price for the Propertyshall be the appraised value thereof or such <br /> other price as shall be determined by the Board at the time of <br /> final approval, giving due consideration of all aspects of the re- <br /> use of the Property: <br /> ,a 3. The Board hereby determines that the sale of the Property <br /> in accordance with the approvals given in this resolution will help <br /> realize the public purposes of the Act and are in furtherance of <br /> the Project Plan and the Housing Replacement Program. This <br /> resolution shall not constitute a purchase agreement respecting the <br /> Property, and the sale thereof shall in all events be conditioned <br /> on and subject to final approval thereof by the Board upon such <br /> terms as the Board may at the time determine in its sole discretion <br /> to be acceptable. <br /> Adopted by the Board of Commissioners of the Mounds View <br /> Economic Development Authority on . <br /> 1997. <br /> :iresicient <br /> ATTEST: <br /> Executive Director <br /> 2 <br /> • <br />
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