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HRA MINUTES 12211988
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HRA MINUTES 12211988
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Commission/Committee
Commission/Authority Name
Housing Redevelopment Authority
Commission/Committee - Document Type
Minutes
Commission/Committee - Meeting Date
12/21/1988
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businesses in the St. Anthony Village Shopping Center for the Kenzie <br />Terrace Redevelopment Project. <br />Motion carried unanimously. <br />4 Redevelopers Refusal to Take Possession of Project Property Before <br />5 Vacated Delays Closing Until January 10th <br />6 Mr. Childs reported Lang/Nelson was refusing to take title to property <br />7 with tenants still present in the buildings unless the City totally <br />8 indemnified them against any expense incurred should the tenants not be <br />9 out when title is transferred. He said the H.R.A. Attorney would not <br />10 recommend a total indemnification and had been concerned that if, for <br />11 example, the City had to wait 10 days for an Unlawful Detainer to go <br />12 into effect and there should be a cold snap which prevented the <br />13 redevelopers from proceeding with demolishing the property, the <br />14 developer may claim losses because they have fallen behind in the <br />15 construction schedule. Such litigation could be very hard to defend <br />16 against. The Executive Director said by delaying the closing to the <br />17 tenth of January, three days after the Alternative is vacated, the City <br />18 would be protecting itself. <br />19 The Executive Director reported the owners of the adjacent shopping <br />20 center had signed off on the additional parcel near the Town and Country <br />21 Store which was needed for the apartment project and all other issues <br />22 except the premise vacancy seemed to have been resolved. <br />There was a brief discussion of the necessity for restriction of traffic <br />24 through the project area during construction as well as explanatory <br />25 signage to that effect. <br />26 <br />27 Motion by Enrooth, seconded by Marks to adjourn the St. Anthony Housing <br />28 and Redevelopment Authority meeting at 8:30 P.M. <br />29 <br />30 Respectfully submitted, <br />31 Helen Crowe, Secretary <br />WK <br />0 <br />Motion carried unanimously. <br />
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