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HRA RES 1993-10 - 00013902�� ' 19 RESOLUTION N0. HRA 10 - 1993 RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A CONTRACT FOR PRIVATE REDEVELOPMENT BY AND BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY AND VICTOR ROSENBLUM BE IT RESOLVED by the Board of Commissioners (the "Commissioners") of the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "Authority"), as follows; Section 1 Recitals. 101 It has been proposed that the Authority enter into a Contract for Private Redevelopment (the "Contract") with VICTOR ROSENBLUM (the "Redeveloper") Section 2. Findines 201 The Authority hereby finds that it has approved and adopted a development program known as the Modified Redevelopment Plan for its Redevelopment Project No 1(the "Redevelopment Program") pursuant to Minnesota Statutes, Section 469 001 et seg 2 02 The Authority hereby finds that the Contract promotes the ob�ectives as outlined in its Redevelopment Program. Section 3 Authorization for Execution and Deliverv. 3 O1 The Chairman and the Executive Director of the Authority are hereby authorized to execute and deliver the Contract when the following condition is met• Su6stantial conformance of a Contract to the Contract presented to the Authority as of this date PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF FRIDLEY THIS 18TH DAY OF NOVEMBER 1993. �/ie�p��(�'�� LAWRENCE R COMMERS, CHAIRPERSON ATTEST , W�I�, EXECU�RECTOR