HRA RES 2014-18 SALE OF 521 FAIRMONT ST NE
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2014-18
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
03-30-24-23-0088 521 Fairmont 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 2014-18 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.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND
FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 6TH DAY OF NOVEMBER 2014.
_____________________________________
LAWRENCE R. COMMERS - CHAIRMAN
ATTEST:
____________________________________________
WALTER T. WYSOPAL, EXECUTIVE DIRECTOR