HRA RES 1998-15 - 00001022RESOLUTION NO. HRA 15 - 1998
A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A CONTRACT
FOR PRIVATE REDEVELOPMENT BY AND BETWEEN THE HOUSING AND
REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF FRIDLEY,
MINNESOTA, AND GUY W. JORDAN AND CATHERINE S. JORDAN
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 Guy W. Jordan and Catherine S. Jordan, (the
"Redeveloper") and to approve construction plans (the "Construction Plans" as
provided for in the Contract.
Section 2. Findinqs.
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,
Section 44 through 47, inclusive, as amended and supplemented from time to time.
2.03. The Authority hereby finds that it has performed all actions required by
Minnesota Statutes and approves the sale of property that is subject to the terms of the
Contract.
2.04. The Authority hereby finds that the Contract promotes the objectives as outlined
in its Redevelopment Program and the Plan.
Section 3. Authorization for Execution and Deliverv of the Contract.
3.01. The Chairperson and the Executive Director of the Authority (the "Officers") are
hereby authorized to execute and deliver the Contract with such additions and
modifications as the Officers may deem desirable or necessary as evidenced by their
execution.
RESOLUTION NO. HRA 15 - 1998
PAG E 2
Section 4. Approval of the Construction Plans.
4.01 The Construction Plans are hereby approved.
PASSED AND ADOPTED BY THE FRIDLEY HOUSING AND REDEVELOPMENT
AUTHORITY OF THE CITY OF FRIDLEY THIS 3RD DAY OF SEPTEMBER 1998.
LAWRENCE R. COMMERS, CHAIRPERSON
ATTEST:
WILLIAM W. BURNS, EXECUTIVE DIRECTOR