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RESOLUTION NO. 98-EDA-91 <br /> MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION DENYING A REQUEST FOR THE PURCHASE OF 7761 EASTWOOD ROAD BY <br /> THE EDA FOR THE HOUSING REPLACEMENT PROGRAM <br /> WHEREAS,the Mounds View Economic Development Authority(EDA)established a Housing <br /> Replacement Program to remove houses which are in very poor condition,thereby, assisting in the elimination <br /> of the blighting influence of substandard homes; and <br /> WHEREAS, Stuart Trelstad formally requested the EDA purchase his property located at 7761 <br /> Eastwood Road through the Housing Replacement Program(HRP); and <br /> WHEREAS,the property was inspected and staff has determined that the subject property meets the <br /> characteristics outlined in the HRP policy which are required for a property to be considered for purchase by <br /> the EDA;and <br /> WHEREAS,the city is currently in the process of reviewing the comprehensive guide plan which is <br /> scheduled for adoption by the end of the year;and <br /> WHEREAS,the subject property is located within the Highway 10 corridor and land use designations <br /> in this area is currently uncertain;and <br /> WHEREAS,the subject site may be reconsidered for purchase after review and adoption of the <br /> comprehensive guide plan. <br /> NOW, THEREFORE,BE IT RESOLVED that the Economic Development Authority of the City of <br /> Mounds View hereby denies the purchase of the property located at 7761 Eastwood Road for the Housing <br /> Replacement Program at this time,pending review and adoption of the city's comprehensive guide plan. <br /> Adopted this 26th day of May, 1998. <br /> Duane McCarty,President <br /> ATI:EST: <br /> Charles S. Whiting,Executive Director <br /> (SEAL) <br /> EXHIBIT C <br />