HRA RES 1998-09 - 00001011RESOLUTION NO. HRA 9- 1998
A RESOLUTION AUTHORIZING THE SALE OF RESIDENTIAL
BUILDING LOTS BY THE HOUSING AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF FRIDLEY
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.
1.01.It has been proposed that the Authority sell certain residential
lots (the "Lots") described below:
Parcel I.D. No.
Street Address
23-30-24-23-0102 5857 Main Street Northeast
23-30-24-22-0080 5925 Main Street Northeast
12-30-24-11-0071 1545 75tn Avenue Northeast
03-30-24-23-0083 and 03-30-24-23-0084 550 Hugo Street Northeast
03-30-24-23-0085 530 Hugo Street Northeast
Section 2. Findings.
2.01.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 seq.
2.02.The Authority hereby finds that it has approved and adopted a
Housing Replacement District Plan (the "Plan") and created Housing
Replacement District No. 1, pursuant to and in accordance with Laws
of Minnesota 1995, Chapter 264, Article 5, Section 44 through 47,
inclusive, as amended and supplemented from time to time.
2.03.The Authority hereby finds that it has performed all actions
required by Minnesota Statutes for the sale of the Lots.
2.04.The Authority hereby finds that the sale of the Lots promotes
the objectives as outlined in its Redevelopment Program and the Plan.
Section 3. Approval of the Sale.
3.01.The sale of the Lots are hereby approved.
Page 2- HRA Resolution No. 9- 1998
Section 4. Authorization for Execution and Delivery.
4.01 The Chairperson and Executive Director of the Authority are
hereby authorized to execute and deliver any documents necessary to
effect the sale of the Lots.
PASSED AND ADOPTED BY THE FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY
OF THE CITY OF FRIDLEY THIS 2ND DAY OF JULY 1998.
LAWRENCE R. COMMERS - CHAIRPERSON
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR