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Mounds View EDA October 14, 2002 <br />Regular Meeting Page 2 <br /> <br />the area. The property was sold on February 11, 2002 with a purchase and redevelopment <br />agreement being approved. He then indicated that the renovations have been completed and it <br />looks like a brand new building. <br /> <br />Community Development Director Ericson indicated that the City needed to execute a Certificate <br />of Completion to release the purchasers and eliminate any right of the City to take over the <br />property. <br /> <br />MOTION/SECOND: Stigney/Thomas. To Waive the Reading and Approve Resolution 02- <br />EDA-168, a Resolution Authorizing and Approving the Execution of a Certificate of Completion <br />Related to the Former City-Owned Four Plex at 2091 Hillview Road. <br /> <br />Ayes – 4 Nays – 0 Motion carried. <br /> <br />Commissioner Marty arrived at 6:40 p.m. <br /> <br />7. REPORTS <br /> <br />None. <br /> <br />8. NEXT EDA MEETING: October 28, 2002 <br /> <br />9. ADJOURNMENT <br /> <br />President Sonterre adjourned the meeting at 6:41 p.m. <br /> <br />Respectfully submitted, <br /> <br />Recorded and transcribed by: <br /> <br />Joan Lenzmeier <br />TimeSaver Off Site Secretarial, Inc.