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1111 <br /> RESOLUTION NO. 96-EDA47 <br /> CITY OF MOUNDS VIEW11111 <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 Economic <br /> 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 /> 411 <br /> (c) There has been approved pursuant to the Act a Project Plan for the Project. <br /> (d) The redevelopment and development of property are stated objectives of the Project Plano <br /> (e) The Authority desires to acquire three tax forfeited lands located in the City between <br /> Woodlawn Drive and Long Lake Road, identified by parcel numbers 053023330058, <br /> 053023330059 and 053023330060 for an amount not to exceed $4,800. <br /> 2. The Board hereby determines that the purchase of the tax forfeited lands would be in furtherance of <br /> the Project Plan and hereby approves and authorizes said actions. <br /> 3. The Board hereby determines that the acquisition of the three tax forfeited lands will help realize the <br /> public purposes of the Act and is in furtherance of the Project Plan. <br /> Adopted this 13th day of May, 1996. <br /> A 1-i°EST: <br /> Presider} <br /> (SEAL) / c� —l. - � <br /> % Exautive Director <br />