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HRA RES 2012-04 - 14916 Sale of 6000 2nd St NEHOUSING AND REDEVELOPMENT AUTHORITY 1N AND FOR THE CITY OF FRIDLEY COUNTY OF ANOKA STATE OF MINNESOTA HRA RESOLUTION NO. 2012-04 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: Parcel Identification Number: 23-30-24-22-0059 Street Address 6000 2nd St. NE Section 2. Findings. 2.01. The Authority hereby finds that the residential property is non-buildable and has a limited market value due to the size of the parcel. 2.02. The Authority hereby finds that the Authority is charged by Statute with improving "substandard conditions" characterized by "dilapidation, obsolescence, overcrowding and faulty arrangement or design of buildings and improvements." 2.03. The Authority hereby finds that it has adopted a Redevelopment Plan to assist in creating environments which would upgrade and maintain housing stock, maintaining housing health and safety quality standards, and maintain and strengthen the character of individual neighborhoods. 2.04. The Authority hereby finds that it has performed all actions required by Minnesota Statutes for the sale of the Property. 2.05. The Authority hereby finds that the sale of the Property to the Anoka County Community Action Program (ACCAP), for use as new multi-family residential units, promotes the objectives as outlined in MN Statute, its Redevelopment Program and the Authority's mission. Section 3. Approval of the Sale. 3.01 The sale of the Property, for a minimum of $10,000, is hereby approved. HRA Resolution 2012-04 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 1N AND FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 3RD DAY OF MAY, 2012. LAWRENCE R. COMIV�RS - CHAIRMAN ATTEST: WILLIAM W. BURNS - EXECUTIVE DIRECTOR