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H.R.A. RESOLUTION.01-006 <br /> • RESOLUTION APPROVING EXECUTION AND <br /> DELIVERY OF REDEVELOPMENT AGREEMENT WITH <br /> MERIDIAN ST. ANTHONY, L.L.C. <br /> BE IT RESOLVED, by the Board of Commissioners of the Housing and <br /> Redevelopment Authority of St. Anthony, Minnesota(the"HRA"), as follows: <br /> 1. It has been proposed that the HRA enter into a Redevelopment Agreement(the <br /> "Redevelopment Agreement") with Meridian St. Anthony, L.L.C. (the "Redeveloper"), pursuant to <br /> which the HRA will provide funds in the amount of$200,000 to pay certain public redevelopment costs <br /> in connection with a project to be undertaken by the Redeveloper in the City of St. Anthony or to <br /> reimburse the Redeveloper for the payment of the costs. <br /> 2. The execution and delivery by the HRA of the Redevelopment Agreement is hereby <br /> approved, and the Chairperson and Secretary of the HRA are hereby authorized to execute and deliver <br /> the Redevelopment Agreement in substantially the form presented to this Board with such additions <br /> thereto or deletions therefrom as shall be approved by the Chairperson and Secretary of the HRA, <br /> such approval to be conclusively presumed by the execution and delivery of the Redevelopment <br /> Agreement by the HRA. The financial assistance to be provided by the HRA pursuant to the <br /> Redevelopment Agreement shall be paid from tax increment revenue of the HRA legally available <br /> • therefor. <br /> Dated: January 9, 2001 <br /> Chairperson <br /> Reviewed by Administration: <br /> Executive Director <br />