HomeMy WebLinkAboutResolution 00-EDA129
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RESOLUTION NO. 00-EDA-129
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF RAMSEY
STATE OF MINNESOTA
A RESOLUTION APPROVING AND AUTHORIZING A CONTRACT FOR PRIVATE
REDEVELOPMENT BY AND BETWEEN THE MOUNDS VIEW ECONOMIC
DEVELOPMENT AUTHORITY AND TWIN CITIES HABITAT FOR HUMANITY, INC.
It is hereby resolved by the Board of Commissioners (the "Board") of the Mounds View
Economic Development Authority (the "Authority") as follows:
Section I. Recitals.
1.01 The Authority has the powers provided in the Minnesota Statutes, Sections
469.124 to 469.134 and 469.090 to 469.1081 (collectively, the "Act").
1 .02 Pursuant to and in furtherance of the objectives of the Act, the Authority
has undertaken a program to promote development and redevelopment of
certain land within the City of Mounds View and in this connection is
engaged in carrying out the Mounds View Economic Development Project
(the "Project") within the City.
1.03 There has been approved pursuant to the Act a Project Plan for the Project.
1.04 The redevelopment and development of property within the Project by
private developers are stated objectives of the Project Plan.
1.05 The Authority acquired the land, house and garage located at 2225 HiIlview
Road (the "Property") as part of the Housing Replacement Program per
Resolution No. 99-EDA-114 and in furtherance of the objectives stated above.
1.06 The Authority contracted with Kevitt Excavating, Inc. to have the house
demolished and site restored for future redevelopment, leaving the garage
as the only remaining structure on the Property.
1.07 Twin Cities Habitat for Humanity, Inc. (the "Developer") is offering to
purchase the Property from the EDA under the guidelines of the Housing
Replacement Program for $50,000 of which the terms of the purchase and
redevelopment of the Property are outlined in the attached Contract for
Private Redevelopment (the "Agreement").
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EDA Resolution OO-EDA-120
IVlay 8, 2000
Page 2
Section 2.
Rcsol\'cd,
2.01 That the Board herehy dctcrmines that thc Authority's execution ot'the
Agreement and subsequent sale and dcvelopment of the Property would be
in furtherance of the Project Plan and hereby approves and authorizes said
actions, including the execution of the Agreemcnt by the officers of the
Authority in their discretion and at such time, if any, as they may deem
appropriate.
2.02 That upon execution and delivcry of the Agreement, the officers and
employees of the Authority (including members of the City staff, acting in
their capacity as staff'to the Authority as well) are hereby authorized and
directed to take or cause to be taken such actions as may be appropriate or
necessary on behalf of the Authority to implement the Agreement,
including the sale and de\'clopment of the Property, per the provisions set
forth in the Agreement.
2.03 That thc Board hereby detell11ines that the execution and performance of
the Agreemcnt will help rcalize the public purpose of the Act and are in
furtherance of the Project Plan.
Adopted hy the Board of Commissioners of the Mounds View Economic Development
Authority on May 8,2000.
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Michael Ulrich, Interim Executive Director
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