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Mounds View EDA October 13, 2014 <br />Regular Meeting Page 4 <br /> <br /> 1 <br />Commissioner Gunn commented the property owners have put their good faith in the City and 2 <br />had assumed this purchase agreement would move forward. 3 <br /> 4 <br />Mr. Ackerman asked if the EDA was willing to delay action on the matter for two weeks. 5 <br /> 6 <br />MOTION/SECOND: Hull/Mueller. To Waive the Reading and Adopt Resolution 14-EDA-286, 7 <br />Authorizing and Approving the Authority’s Purchase Offer for the Property Located at 2665 8 <br />Ardan Avenue, Mounds View, Ramsey County, Minnesota with Community Development Block 9 <br />Grant funds from Ramsey County HRA, and Approval of the Terms and Conditions and 10 <br />Purchase Agreement. 11 <br /> 12 <br />Commissioner Mueller explained this property has been vacant since February and was deemed a 13 <br />total loss by the homeowners’ insurance company. She understood why the homeowners wanted 14 <br />to cut their losses and sell the property. She was pleased that the City had a program in place that 15 <br />would assist in improving this property. 16 <br /> 17 <br />President Flaherty commented that the home has been burnt down for the past eight months and 18 <br />no action was taken by any of the surrounding homeowners. For this reason, he would support 19 <br />the City moving forward with the purchase and demolition of the property. 20 <br /> 21 <br /> Ayes – 5 Nays – 0 Motion carried. 22 <br /> 23 <br />8. REPORTS 24 <br /> 25 <br />None. 26 <br /> 27 <br />9. NEXT EDA MEETING: Monday, October 27, 2014, at 6:30 p.m. 28 <br /> 29 <br />10. ADJOURNMENT 30 <br /> 31 <br />President Flaherty adjourned the meeting at 7:14 p.m. 32 <br /> 33 <br />Respectfully submitted, 34 <br /> 35 <br /> 36 <br />Recorded and transcribed by: 37 <br />Heidi Guenther 38 <br />TimeSaver Off Site Secretarial, Inc. 39