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HRA RES 2009-02 - 14591HRA RESOLUTION NO. 2009-02 RESOLUTION AUTHORIZING THE EXECUTION OF A MEMORANDUM OF UNDERSTANDING BY AND BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY FOR THE CITY OF FRIDLEY AND THE ANOKA COUNTY REGIONAL RAILROAD AUTHORITY AND THE METROPOLITAN COUNCIL BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the "HRA"), as follows: Section 1. Recitals. 1.01 The HRA has determined that the establishment of a Fridley Commuter Rail Station (the "Fridley Station") and related facilities will further the goals and objectives of the HRA, and will further encourage development and re-development of the area surrounding the Commuter Rail Station. 1.02 The HRA has adopted a Redevelopment Plan for Redevelopment Project No. 1 and has included the area for the Fridley Station in its Redevelopment Project No. 1. 1.03 The Anoka County Regional Railroad Authority ("ACRRA") and/or the Metropolitan Council (the "Council") intend to enter into a Ground Lease with respect to property owned by the HRA to be used for a headhouse, road access, surface parking and other improvements as part of the Fridley Station, and the Council has requested that a Memorandum of Understanding be executed prior to ACRRA giving notice to proceed for construction on February 27, 2009. Section 2. Findin�s. 2.01 The Recitals in Section 1 are hereby adopted as Findings; moreover, 2.02 The HRA hereby approves the Memorandum substantially in the form presented to the HRA and authorizes its Chairperson and Executive Director to execute the Memorandum on behalf of the HRA with such additions and modifications as those officers may deem desirable or necessary as evidenced by the execution thereof. PASSED AND ADOPTED BY THE FRIDLEY HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF FRIDLEY THIS 19TH OF EBRUARY 009. awrence R. ommers, Chairperson ATTEST: � " �. William W. Burns, Executive Director