HRA RES 1996-16 - 00001099HRA RESOLUTION N0. 16 - 1996
RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A
DEVELOPMENT CONTRACT AND INDEMNIFICATION AGREEMENT BY
AND BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY IN
AND FOR THE CITY OF FRIDLEY AND ANOKA COUNTY COMMUNITY
ACTION PROGRAM
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 l. RPritals_
l.Ol.It has been proposed that the Authority enter into a Development
Contract (the "Agreement") with Anoka County Community Action
Program (the "Company").
Section 2. Findings_
2.Ol.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 MinnP�ota StatutP�, Section 469.001 �t_s_eC�.
2.02.The Authority hereby finds that the Agreement promotes the
objectives as outlined in its Redevelopment Program.
Section 3. Authori�ation for FxPrution and �PlivPr�_
3.Ol.The Chairman and the Executive Director of the Authority are hereby
authorized to execute and deliver the Agreement when the following
condition is met:
Substantial conformance of an Agreement to the Agreement presented to
the Authority as of this date.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE
CITY OF FRIDLEY THIS 11TH DAY OF JULY, 1996.
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR