HRA RES 2013-05 Sale of 5833 2 1/2 St NE _ HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2013-05
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:
PIN: Street Address
—
23-30-24-23-0173 5833 2 1/2 Street NE
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, 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 objectives 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 for a price of not less than $30,000.
HRA Resolution 2013-05 Page 2
Section 4. Authorization for Execution and Delivery.
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 IN AND FOR
THE CITY OF FRIDLEY, MINNESOTA, THIS 7th DAY OF MARCH, 2013.
,_��
ATRICIA GA: ' L - VIC' CHAIRMAN
ATTEST:
4 /11.----
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PAUL BOLIN - ACTING EXECUTIVE DIRECTOR