HRA RES 2014-13 Authorizing Delivery and Execution of Contract
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2014-13
A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A
CONTRACT FOR PRIVATE REDEVELOPMENT BETWEEN THE
HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE
CITY OF FRIDLEY AND CIELO PARTNERS, LLC
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 enter into a Contract for Private
Redevelopment (the “Contract”) with Cielo Partners, LLC (the “Redeveloper”).
1.02. Schedule H of the Contract consists of an Agreement relating to landowner
improvements within the City right of way, which agreement is between the City of Fridley and
the Redeveloper (“Agreement Regarding Right of Way”) is subject to review, revision and
approval by the Fridley City Council.
Section 2. Findings.
2.01 The Authority hereby finds that it has approved and adopted a development
program known as the Redevelopment Plan for its Redevelopment Project No. 1 (the
“Redevelopment Program”) pursuant to Minnesota Statutes, Section 469.001 et seq., as amended
and supplemented from time to time.
2.03 The Authority hereby finds that the Contract promotes the objectives set forth in
its Redevelopment Program.
Section 3. Authorization for Execution and Delivery.
3.01The Chairman and the Executive Director of the Authority are hereby authorized
to execute and deliver the Contract when the following conditions are met:
(a)Substantial conformity of the Contract to the form of Contract presented to the
Authority as of this date, with such additions and modifications as the Officers
may deem desirable or necessary as evidenced by their execution of the Contract.
HRA Resolution No. 2014-13 Page 2
(b)Revisions by the City of Fridley to the Agreement regarding Right of Way will
not require reauthorization of the Contract by the Authority.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN
AND FOR THE CITY OF FRIDLEY THIS 5th DAY OF JUNE, 2014.
___________________________________
Lawrence R. Commers, Chairman
ATTEST:
__________________________________________
Walter T. Wysopal, Executive Director