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HRA Res 2019-09 Transfer of Water Plant HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY COUNTY OF ANOKA STATE OF MINNESOTA RESOLUTION NO. 2019 - 09 A RESOLUTION REGARDING THE TRANSFER OF HRA PROPERTY TO THE CITY OF FRIDLEY BE IT RESOLVED by the Board of Commissioners (the “Board”) 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 convey property (Parcel Identification Number 11-30-24-34-0015; Street Address: 6911 University Avenue N.E.) (the “Authority Property”), legally described as Lot 1, Block 1 Locke Pointe, to the City of Fridley, Minnesota (the “City”). 1.02 The Authority has performed all the actions required by law for the transfer of the Authority Property to the City. 1.03 The Authority Property contains the City well house. Section 2. Findings. 2.01. The Authority acquired the Authority Property in 2017 to facilitate private development. 2.02. The City and Authority cooperatively replatted the property to maximize the area available for private development on or around the well house, with the intent of the Authority conveying the well house property back to City upon completion of private development. 2.03 The private development has been issued a certificate of completion and the Authority will now transfer the Authority property containing the well house back to City. Section 3. Authorizations. 3.01. The Chairperson and the Executive Director are hereby authorized to execute a deed and any other documents convenient and necessary for the transfer of the Authority Property to the City. Adopted by the Board of the Authority this 2nd day of May, 2019. _________________________________________ WILLIAM B. HOLM - CHAIRPERSON ATTEST: ____________________________________________ WALTER T. WYSOPAL - EXECUTIVE DIRECTOR