HomeMy WebLinkAboutResolution 02-EDA155
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RESOLUTION NO. 02-EDA-155
MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION AUTHORIZING THE SALE AND REDEVELOPMENT OF EDA-OWNED
LAND LOCATED AT 2091 HILLVIEW ROAD TO G. R. DANIELSON AND SON COMPANY
FOR $100,100
It is hereby resolved by the Board of Commissioners (the "Board") of the Mounds
View Economic Development Authority (the "Authority") as follows:
WHEREAS, the Authority acquired the real property located at 2091 Hillview Road
(the "Property") from the Department of Housing and Urban Development on September 4,
2001; and,
WHEREAS, after assessing its options for the Property, the Authority directed staff
to distribute a Request for Proposals to area renovation specialists with a response
deadline of 4:00 pm, December 5, 2001; and,
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WHEREAS, ten proposals were received for consideration from renovation
specialists of varying degrees of experience; and,
WHEREAS, on December 10,2001, the Authority accepted the offer submitted by
G.R. Danielson and Son Company (the "Purchaser") in the amount $100,100 with an
additional $135,000 to be invested toward the repair and improvement of the Property; and,
WHEREAS, the Authority held a public haring on January 7,2002 regarding the
conveyance of the Property to the Purchaser at which time all interested persons were
given an opportunity to be heard.
NOW THEREFORE BE IT RESOLVED, that the Mounds View Economic
Development Authority, finding that the proposed redevelopment would be consistent with
the City's Comprehensive Plan and Zoning Code, and finding that the proposed
redevelopment would remove a blighting influence upon the community, hereby approves
the sale of the Property to the Purchaser in the amount of $100,100, less submitted earnest
money.
NOW THEREFORE BE IT FURTHER RESOLVED, that the Mounds View Economic
Development Authority hereby authorizes its President and Executive Director to execute a
Purchase and Redevelopment Contract which articulates the conditions and requirements
of this sale.
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Adopted by the Board of Commissioners of the Mounds View Economic Development
Authority this 7th day of January, 2002.
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Resolution 02-EDA-155
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Rich Santerre, President
ATTEST:
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Kath een Miller, Executive Director
Motion:
Second:
Thomas
Stiqnev
Santerre:
Stigney:
Quick:
Marty:
Thomas:
Aye
Aye
Aye
Aye
Aye
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N:\DA T A\GROUPS\COMDEV\Special Projects\SP-094-01 \EDA Resolution 01-EDA-155.doc
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