HRA Res 2014-05 - Sale of 5735 3rd Street
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2014 - 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
23-30-24-23-0159 5735 3rd Street NE
23-30-24-23-0170
Section 2. Findings.
2.01. The Authority hereby finds that it has approved and adopted its 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 TIF District #18, Gateway
West, 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. 2014-05 Page 2
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.
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.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 1ST DAY
OF MAY, 2014.
_____________________________________
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
____________________________________________
WALTER T. WYSOPAL, EXECUTIVE DIRECTOR