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HomeMy WebLinkAbout19-EDA-322EDA RESOLUTION 19 -EDA -322 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA A RESOLUTION APPROVING LHB, INC. TO CONDUCT A REDEVELOPMENT TIF ANALYSIS ON THE SKYLINE MOTEL SITE AND SURROUNDING AREA BE IT RESOLVED by the Board of Commissioners (the `Board") of the Mounds View Economic Development Authority (the "Authority") as follows: Section 1. Recitals. 1.01. The Authority is authorized pursuant to Minnesota Statutes, Sections 469.090 to 469.1081 (the "EDA Act'), to acquire and convey real property and to undertake certain activities to facilitate the development of real property by private enterprise. 1.02. The Authority has received a proposal from LHB, Inc. (hereinafter "LHB") to conduct a redevelopment TIF analysis on the Skyline motel site and surrounding area in the City of Mounds View, dated April 26, 2019, attached hereto as Exhibit A (hereinafter, the "Proposal"). 1.03. The Authority deems that such Proposal to be in the interest of the Authority and the public. Section 2. Authorization. 2.01. The recitals set forth in this Resolution are incorporated into and made a part of this Resolution. 2.02. The Board hereby approves the LHB Proposal dated April 26, 2019, attached hereto as Exhibit A, to conduct a redevelopment TIF Analysis on the Skyline Motel Site and surrounding area 2.03. The proper Authority officials, staff and consultants are authorized to execute the Proposal and take any and all other steps necessary or convenient in order to carry out the obligations under the Proposal, as well as to fulfill the intent of this Resolution. Adopted on the 13'h. day of May, 2019. L;1//LSC /�/N/ GLGG�✓ Carol A. Mueller, President Attest: Nyle ikmun , Executive Director (SEAT;) 578601 Q SA, IAU20549 EXHIBIT A A-1 578601v2 SJR MU205-49 A-2 578601v2 SJR MU205-49 A-3 578601v2 SJR MU205-49 A-4 578601v2 SJR MU205-49 A-5 578601v2 SJR MU205-49 Page: 6 Sk7Ene Motel TIF Analysis — Aprd 26, 2019 LHB and the Client, acting through the Client's legal representative, will, to the fullest reasonable extent, cooperate and coordinate efforts in preparing necessary responses to any third party challenges to the inspections. The Client agrees to pay LHB its regular hourly rates for time spent as a result of a third party legal challenge If the terms and conditions of this Agreement are acceptable, please sign and return a copy to LHB. CLIENT NAME Bj: i5igtu j Its: M0.K&L LHB INC �.�L By. 15ignsmre; Its: fry; \Wille: 1. A.Y'O Q • /' /N`e.Ill Y V mxa:-1L,,&dA. Furber _-IL4 iP ..- • \.wu; {Punted l��mei CDOCUdIs"ISSMl T1F'.,IIF:9gaemmu',=9Mwel Redetxbpm z TIF Aarsis 1.619_Ao A-6 578601 v2 SJR MU205-49