Laserfiche WebLink
<br />1 <br />633990v1MU205-49 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 9231 <br /> <br />CITY OF MOUNDS VIEW RESOLUTION AUTHORIZING <br />THE CONVEYANCE OF CITY OF MOUNDS VIEW PROPERTY TO THE <br />MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br /> <br /> <br /> BE IT RESOLVED by the City Council ("Council") of the City of Mounds View as follows: <br /> <br /> Section 1. Recitals. <br /> <br /> 1.01. The City of Mounds View (the "City") has previously established the Mounds View <br />Economic Development Project (the "Project"), which is currently administered by the Mounds View <br />Economic Development Authority (the "Authority"). <br /> <br /> 1.02. The City asserts that it owns certain property within the Project encompassing a 30-foot <br />excess right-of-way parcel legally described as set forth in Exhibit A (the “Property”). <br /> <br />1.03. The Property is presently vacant land. <br /> <br />1.04. There is no future use of the Property contemplated by the City and the Property is <br />deemed surplus property. <br /> <br /> 1.05. The City and Authority are considering various development proposals for two apartment <br />facilities and the proposed expansion of two adjacent businesses (the "Development") to be constructed on <br />or adjacent to the Property. <br /> <br /> 1.06. The City and Authority previously reviewed the proposals for the Development on the <br />Property and have concluded that the proposed Development is consistent with and promoted the goals and <br />objectives for which the Project was established. <br /> <br />1.07. In order to facilitate the Development, the City agrees to convey to the Authority, and the <br />Authority agrees to subsequently utilize for the Development, the Property. <br /> <br /> 1.08. The City is authorized to convey real property pursuant to Minnesota Statutes Section <br />465.035 to any governmental subdivision or Minnesota Statutes Section 471.64 to any other political <br />subdivision of the State. <br /> <br /> 1.09. The Authority is a political subdivision of the State pursuant to Minnesota Statutes Section <br />469.091, Subdivision 2. <br /> <br />1.10. The City and the Authority have followed applicable statutory provisions, including but not