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06-11-2001
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06-11-2001
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8/7/2018 6:27:54 AM
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MV EDA
EDA Document Type
Council Packets
Date
6/11/2001
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RESOLUTION NO. 00-EDA-150 <br />PAGE TWO OF TWO <br /> <br /> <br /> <br /> <br />2.02 Upon execution and delivery of the Agreement, the officers and employees of the Authority <br />(including members of the City Staff, acting in their capacity as staff to the Authority as well) are hereby <br />authorized and directed to take or cause to be taken such actions as may be appropriate or necessary on behalf of <br />the Authority to implement the Agreement, including the acquisition of the Property, which is being accomplished <br />for redevelopment purposes. <br /> <br />2.03 That the Board of the Authority hereby determines that the execution and performance of the <br />Agreement and acquisition of the Property will help realize the public purposes of the Act and are in furtherance <br />of the Project Plan and authorizes the President and Executive Director to appropriate a maximum of $100,000 in <br />tax increment funds to purchase and the property located at 2091 Hillview Road for redevelopment purposes. <br /> <br /> <br />Adopted by the Board of Commissioners of the Mounds View Economic Development Authority this 11th day of <br />June 2001. <br /> <br /> <br /> <br />___________________________ <br />Rich Sonterre, President <br /> <br /> <br />ATTEST: <br /> <br /> <br /> <br />____________________________ <br />Kathleen Miller, Executive Director <br /> <br /> <br /> <br />Motion: <br />Second: <br />Sonterre: <br />Stigney: <br />Quick: <br />Marty: <br />Thomas: <br /> <br />Appendix A: Purchase Agreement <br /> <br /> <br /> <br />
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