HRA RES 2008-03 - 14513HRA RESOLUTION NO. 20�8-03
RESOLUTION APPROVING APPRAISAL OF CERTAIN PROPERTY TO BE
ACQUIRED BY THE HOUSING AND REDEVELOPMENT AUTHORITY AND
AUTHORiZING QiJICK-TAKE DEPOSIT
BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City o� Fridley,
Minnesota (the "HRA"), as follows:
Section 1. Recitals.
1.01 The HRA has adopted its Resolution No. 2008-a1 0� Janu�ary 10, a true and
correci co�y of which is attached hereto as Exhibit A, and incorporated herein by reference.
1.02 In its Resolution No. 2008-01, the HRA found that acquisition of the property
identified in Exhibit B, attached hereto and �ncorporaied herein by reference, for the
establishment of a Fridley cornmuter rail station and related facilities will serve a public purpose
and furtl�er the goais and ohjectives of the HRA.
1.03 In iis Resolution No. 2008-01, the HRA authorized the acquisiiion of the property
identified in Exhibit B for public use by negotiation or by err�inent domain under Minn. Stat. §
117.01 et seq.
i.04 The acquisition authorized in Resolution No. 2008-01 is done in conjunction with
the State of Minnesota, by and through its Department of Transpartatian, the Anoka Co�ty
Regional Railroad Authority, and Burlington Northern Santa Fe Railway Company.
1.05 Pursuant to Min�. Stat. § 117.036 and in conjunction with its proposed acquisitian
of the praperty, the HRA obtained an appraisal, which is attached hereta as Exhibit C and
incorporated herein by reference.
1.06 I� order to timely commence cons3:ruction on the Fridley commuter rai� station
and related facilities, i�.cl�ding an underpass tunnel, the HRA also autharized acquisition by the
"quzck tal�e" process provided for in Minn. Stat. � 117.042. Minn. Stat. � 117.042 provides for a
depasit of the amount of an approved appraisal with �tie Court Administraior at same tirne
subsequent to 90 days from the service of notice of intent to take possession.
Section 2. Findin�s.
2.01 The Recitals in Section 1 are hereby adopted as Findings; moreover,
2.02 The appraisal attached as E�ibit C describes the market value of the property
ideniified in Exhibit B and is certified to be in accordax�ce with the appraisal requiremer�ts of the
Uniform Standards of Prafessional Appraisal Practice and the Minnesota Departrnent of
Transportation, and governing appraisal ethzcs and siandards;
2.03 The appraisal amount of $3,1 b5,000.00 represents market value of the property as
of January 17, 2008.
IIRA Resolution No. 2008-03
Section 3. Authorizatian.
Page 2
3.0 f Pursuant to the above findings, the HR.A does hereby approve the appraisal
attached hereto as Exhibit C, and directs its staff to facilitate the deposit of the appraisal amount
of $3,165,000.00 with the Anoka County Court Administrator on or after Apri130, 2008.
Adopted by the HRA this 6th day af March, 2008.
The moiion for the adoption of the foregoing resolution was duly seconded by Commissioner
Billings and, upon vote being taken thereon,
the following vated in favor thereof BiIlings, Holm, ancl Meyer
the following �oted against:
and the following were absent: Cornmers and Gabel
WHEREUPON said resolutior� �was declared duly passed and adopted and was signed by the
Chairperson and attested to by the Executive Director.
ATTEST:
William W. Burn.s, xecutive Director
CERTIFICATION
� # � ��
Chairperson Pro Tem Williarn Holm
I, William W. Burns, the duly qualified Executive Directar of the Housing and Redevelop�ent
A�thority in and for the Ciry af Fridley, County of Anoka, Minnesota, hereby certify that the
foregoing is a true and correct copy of HRA Resolutian No. 2008-03 passed by the HRA
Co�ntnissioners on the 6�' day of March 2008.
� ;�
William W. Burns, Executive Director