HRA RES 2009-05 - 14613HRA RESOLUTION NO. 2009 - 05
RESOLUTION AUTHORIZING THE EXECUTION AND DELIVERY OF A GROUND
LEASE BY AND BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY, MINNESOTA AND THE ANOKA COUNTY
REGIONAL RAILROAD AUTHORITY AND THE METROPOLITAN COUNCIL
BE IT RESOLVED by the Board of Commissioners (the "Commissioners") and 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 enter into a Ground Lease with the Anoka County
Regional Railroad Authority and the Metropolitan Council.
Section 2. Findin�s.
2.01 The Commissioners hereby find that the Ground Lease promotes the objectives as
outlined in its Redevelopment Plan established pursuant to Minnesota Statutes, Section 469.001
et seq.
2.02 The Commissioners hereby further find that the area subject to the Ground Lease is
included in the Redevelopment Plan.
2.03 The Commissioners hereby further find that the Authority has performed all actions
required by law to be performed prior to the approval and adoption of the Ground Lease.
Section 3. Authorization.
3.01 The President and the Executive Director (the "Officers") are hereby authorized to
execute and deliver the Ground Lease when the following condition is met:
Substantial conformance to the Ground Lease presented to the Authority as of this date
with such additions and modifications as the Officers may deem desirable or necessary as
evidenced by the execution thereof.
PASSED AND ADOPTED BY HOUSING AND REDEVELOPMENT AUTHORITY 1N AND
FOR THE CITY OF FRIDLEY, MINNESOTA T S 3R� DAY OF SEPTEMBER, 2009
Lawrence . mers, ir erson
ATTEST:
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William W. Burns, Executive Director
CERTIFICATION
I, William W. Burns, Executive Director of the Housing and Redevelopment Authority in and for
the City of Fridley, Minnesota, hereby certify that the foregoing is a true and correct copy of
HRA Resolution No. 2009-OS adopted by the Authority on the 3rd day of September, 2009.
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William W. Burns, Executive Director