HRA RES 2012-05 - 14915 Sale of 551 Hugo St NEHOUSING AND REDEVELOPMENT AUTHORITY
1N AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2012-05
A RESOLUTION AUTHORIZING THE SALE OF RESIDENTIAL PROPERTY BY THE
HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY,
MINNESOTA
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 property (the "Property") described
below:
Legal Description:
Lots 19-21, Block G, Riverview Heights
Section 2. Findings.
Street Address
551 Hugo St. NE
2.01. The Authority hereby finds that it has approved and adopted a development program known as the
Modified Redevelopment Plan for its Redevelopment Proj ect 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, Sections 44 through 47; Laws of Minnesota 1996,
chapter 471, article 7, section 22; Laws of Minnesota 1997, chapter 231, article 10, section 13;
Laws of Minnesota 2002, chapter 377, article 7, section 6; Laws of Minnesota 2008, chapter 154,
article 9, section 19, and Laws of Minnesota 2010, Chapter 216, Section 42 (collectively "The
Act").
2.03. The Authority hereby finds that it has performed all actions required by Minnesota Statutes for the
sale of the Property.
2.04. The Authority hereby finds that the sale of the Property promotes the obj ectives as outlined in its
Redevelopment Program and the Plan.
Section 3. Approval of the Sale.
3.01 The sale of the Property is hereby approved.
HRA Resolution 2012-OS
Section 4. Authorization for Execution and Delivery.
Page 2
4.01. The Chairman, the Executive Director and Assistant Executive Director are hereby
authorized to execute and deliver any documents necessary to effect the sale of the Property
in accordance with the Authority's Housing Replacement Program.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY 1N AND FOR
THE CITY OF FRIDLEY, MINNESOTA, THIS 3RD DAY OF MAY, 2012.
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
WILLIAM W. BURNS - EXECUTIVE DIRECTOR