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Mounds View EDA October 13, 2014 <br />Regular Meeting Page 4 <br /> <br /> <br />Commissioner Gunn commented the property owners have put their good faith in the City and <br />had assumed this purchase agreement would move forward. <br /> <br />Mr. Ackerman asked if the EDA was willing to delay action on the matter for two weeks. <br /> <br />MOTION/SECOND: Hull/Mueller. To Waive the Reading and Adopt Resolution 14-EDA-286, <br />Authorizing and Approving the Authority’s Purchase Offer for the Property Located at 2665 <br />Ardan Avenue, Mounds View, Ramsey County, Minnesota with Community Development Block <br />Grant funds from Ramsey County HRA, and Approval of the Terms and Conditions and <br />Purchase Agreement. <br /> <br />Commissioner Mueller explained this property has been vacant since February and was deemed a <br />total loss by the homeowners’ insurance company. She understood why the homeowners wanted <br />to cut their losses and sell the property. She was pleased that the City had a program in place that <br />would assist in improving this property. <br /> <br />President Flaherty commented that the home has been burnt down for the past eight months and <br />no action was taken by any of the surrounding homeowners. For this reason, he would support <br />the City moving forward with the purchase and demolition of the property. <br /> <br /> Ayes – 5 Nays – 0 Motion carried. <br /> <br />8. REPORTS <br /> <br />None. <br /> <br />9. NEXT EDA MEETING: Monday, October 27, 2014, at 6:30 p.m. <br /> <br />10. ADJOURNMENT <br /> <br />President Flaherty adjourned the meeting at 7:14 p.m. <br /> <br />Respectfully submitted, <br /> <br /> <br />Recorded and transcribed by: <br />Heidi Guenther <br />TimeSaver Off Site Secretarial, Inc.