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<br />HOUSING AND REDEVELOPMENT AUTHORITY <br />OF THE <br />CITY OF SAINT ANTHONY VILLAGE <br />RESOLUTION 21-07 <br /> <br />A RESOLUTION APPROVING THE LAND SWAP AGREEMENT BETWEEN <br />BREMER BANK AND THE HOUSING AND REDEVELOPMENT AUTHORITY OF ST. <br />ANTHONY <br /> <br /> <br />WHEREAS, the City of St. Anthony, is the owner of property located at 2654 Kenzie Terrace; <br />and <br /> <br />WHEREAS, Bremer Bank, is the owner of property located at the intersection of Kenzie Terrace <br />and Lowry Ave NE; and <br /> <br />WHEREAS, Bremer Bank and Trident Development have entered into an agreement for <br />redevelopment of the property at 2401 Kenzie Terrace; and <br /> <br />WHEREAS, the land swap agreement is part of the multi-party project that includes Trident <br />developing a senior living facility on the existing Bremer Bank site, a new Bremer Bank site <br />constructed at 2654 Kenzie Terrace, and the city acquiring the property at the intersection of <br />Kenzie Terrace and Lowry Ave NE for a new city gateway nod ; and <br /> <br />NOW, THEREFORE, BE IT RESOLVED by Board of Commissioners of the Housing and <br />Redevelopment Authority of the City of Saint Anthony Village the follows: <br /> <br />Approve the land swap agreement between Bremer Bank and the City of St. <br />Anthony Housing and Redevelopment Authority, with Bremer Bank acquiring <br />city owned property at 2534 Kenzie Terrace, and the City of St. Anthony <br />acquiring .32 acre parcel owned by Bremer Bank located at the intersection of <br />Kenzie Terrace and Lowry Ave NE. <br /> <br />Adopted by the Board of Commissioners of the Housing and Redevelopment Authority of the <br />City of Saint Anthony Village on this 14th day of September, 2021. <br /> <br /> <br /> Randy Stille, Chair <br />ATTEST:____________________________ <br /> City Clerk <br /> <br /> <br />Review for Administration: <br /> Charlie Yunker, City Manager