HRA Res 2015-09
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION 2015 - 09
RESOLUTION AUTHORIZING THE SUBMISSION OF A GRANT APPLICATION TO
THE METROPOLITAN COUNCIL FOR THE TAX BASE REVITALIZATION
ACCOUNT FOR THE REDEVELOPMENT OF 4800 EAST RIVER ROAD
WHEREAS, the City of Fridley is a participant in the Livable Communities Act's Local
Housing Incentives Account Program for 2015, as determined by the Metropolitan Council, and
is therefore eligible to make application for funds under the Tax Base Revitalization Account
(TBRA); and
WHEREAS Hyde Development has purchased the Northern Stacks Site, formerly BAE, located
at 4800 East River Road and has made substantial progress towards the industrial clean up and
redevelopment of this property; and
WHEREAS the 122 acre site is still heavily contaminated with pollution and the proposed uses
of the requested funds is consistent with goals of the TBRA; and
WHEREAS the Fridley Housing & Redevelopment Authority (Fridley HRA) has the legal
authority to apply for financial assistance, and the institutional, managerial, and financial
capability to ensure adequate project administration.
NOW, THEREFORE BE IT RESOLVED that upon approval of its application by the
Metropolitan Council, the Fridley HRA may enter into an agreement with the Metropolitan
Council for the above referenced project(s), and that the Fridley HRA certifies that it will comply
with all applicable laws and regulation as stated in all contract agreements.
NOW, THEREFORE BE IT FURTHER RESOLVED that the Chairperson and the Executive
Director,are hereby authorized to execute such agreements as are necessary to implement the
project on behalf of the applicant.
PASSED AND ADOPTED BY THE FRIDLEY HOUSING AND REDEVELOPMENT
AUTHORITY IN AND FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 1st DAY OF
OCTOBER, 2015.
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Lawrence R. Commers, Chairperson
WITNESSED:
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Walter T. Wysopal, Executive Director