HRA Res 2015-04
HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF FRIDLEY
COUNTY OF ANOKA
STATE OF MINNESOTA
HRA RESOLUTION NO. 2015-04
A RESOLUTION AUTHORIZING THE TRANSFER OF A RESIDENTIAL LOT BY
THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF
FRIDLEY, MINNESOTA AND THE MODIFICATION OF HRA RESOLUTION NO.
2012-04
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. The Authority by HRA Resolution No. 2012-04 approved the sale of the parcel identified
nd
as 23-30-24-22-0059 with a street address of 6000 2 St. NE (the “Parcel”) to Anoka
County Community Action Program (“ACCAP”).
1.02. ACCAP is attempting to construct a 13 unit multi-family workforce rental housing
project (the “Project”).
Section 2. Findings.
2.01. The findings in Section 2 of Resolution 2012-04 are hereby restated.
2.02. In order for ACCAP to secure financing for the Project from MHFA, ACCAP needs to
demonstrate additional commitment from the Authority.
2.03. The project, as noted above, meets Authority goals and objectives and in order to
facilitate the construction of the Project and enhance the local match, the Authority has
been requested to contribute the Parcel.
Section 3. Approval of Transfer.
3.01 The transfer of the Parcel is hereby approved provided that transfer shall not occur until
ACCAP is ready to close on the financing which is adequate to construct the Project.
HRA Resolution 2015-04 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 transfer of the
Parcel in accordance with this Resolution.
PASSED AND ADOPTED BY THE HOUSING AND REDEVELOPMENT AUTHORITY IN
AND FOR THE CITY OF FRIDLEY, MINNESOTA, THIS 5TH DAY OF MARCH, 2015.
___________________________________
Lawrence R. Commers, Chairperson
ATTEST:
___________________________________
Walter T. Wysopal, Executive Director