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RESOLUTION NO.96-EDA54 <br /> • <br /> • CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION APPROVING AND AUTHORIZING THE ACQUISITION OF CERTAIN <br /> PROPERTY FOR REDEVELOPMENT PURPOSES <br /> It is hereby resolved by the Board of Commissioners (the Board) of the Mounds View <br /> Economic Development Authority(the Authority)as follows: <br /> 1. RECITALS: <br /> (a)the Authority has the powers provided in Minnesota Statutes, Sections 469.124 to 469.124 <br /> and 469.090 to 469.108 (collectively the Act). <br /> (b)Pursuant to and in furtherance of the objectives of the Act,the Authority has undertaken a <br /> program to promote development and redevelopment of certain land within the City of <br /> Mounds View and in this connection is engaged in carrying out the Mounds View Economic <br /> Development Project(the Project)within the City. <br /> (c)There has been approved pursuant to the Act of Project Plan for the Project. <br /> • <br /> (d)The redevelopment and development of property are stated objectives of the Project Plan. <br /> (e) The Authority desires to acquire two tax forfeited lands located in the City on County <br /> Road H2 identified by parcel numbers 07-30-23-32-0016 and 07-30-23-32-0004 for a total <br /> amount not to exceed$45,000. <br /> 2. The Board hereby determines that the purchase of the tax forfeited lands would be in <br /> furtherance of the Project Plan and hereby approves and authorizes said actions. <br /> 3. The Board hereby determines that the acquisition of the two tax forfeited lands will help <br /> realize the public purposes of the Act and is in furtherance of the Project Plan. <br /> Adopted this 23 day of September, 1996. <br /> ATTEST: <br /> President <br /> (SEAL) <br /> �' E u 've Director <br />