HomeMy WebLinkAbout21-EDA-343EDA RESOLUTION 21-EDA-343
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
A RESOLUTION APPROVING NORTHSTARMLS LISTING CHANGE FORM AND
CONTRACT AGREEMENT FOR PROPERTY LOCATED IN MOUNDS VIEW,
MINNESOTA
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 is fee owner of certain real property in the city of Mounds View (the
"City"), legally described in the attached Exhibit A (the "Property").
1.03. To facilitate the marketing, sale and development of the Property, the Authority
entered into a Brokerage Listing Agreement (the "Listing Agreement" on June 22, 2020 between the
Authority and Re/MAX Results Commercial Group (the "Broker").
1.04. The Authority finds that utilizing the services of a Broker is in the public interest and
will further the objectives of its general plan of economic development, because it will provide an
opportunity for increased development opportunities in the City and serve as an impetus for further
development.
1.05. The Listing Agreement is expiring and needs to be extended pursuant to the
NorthstarMLS Listing Change Form and Contract Agreement (the "Listing Change Form"), as set
forth in Exhibit B.
1.06. The Board has reviewed the Listing Change Form and finds that the execution thereof
by the Authority and performance of the obligations thereunder are in the best interest of the
Authority, the City and its residents.
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 Listing Change Form in substantially the form
presented to the Board on the date below, and further subject to any modifications that do not alter
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the substance of the transaction and that are approved by the Authority's attorney.
2.03. The proper Authority officials, staff and consultants are authorized to execute the
Listing Change Form and take any and all other steps necessary or convenient in order to carry out
the obligations under the Listing Agreement and the Listing Change Form, as well as to fulfill the
intent of this Resolution.
Adopted on the 10' day of May, 2021.
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Carol A. Mueller, President
Attest:
Nyl Zikm d, Executive Director
(SE AL)
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