HRA Res 2014-04 Sale of 587 Ironton
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2014-04
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: Street Address
Lots 29&30, Block F, Riverview Heights 587 Ironton St. 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.
HRA Resolution No. 2014-04 Page 2
Section 3. Approval of the Sale.
3.01 The sale of the Property is hereby approved.
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 3rd DAY OF APRIL, 2014.
_________________________________________
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
____________________________________________
WALTER T. WYSOPAL, EXECUTIVE DIRECTOR