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RESOLUTION NO. 99-EDA-114 <br /> Ak 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 /> • <br /> Dan Coughlin, President <br /> ATTEST: <br /> Charles S. Whiting, Executive Director <br />