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HomeMy WebLinkAboutEDA RES 2005-11 RESOLUTION NO. 2005-11 COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY COUNTY OF ANOKA, STATE OF MINNESOTA RESOLUTION AUTHORIZING SALE OF PROPERTY WHEREAS, the Columbia Heights Economic Development Authority (the "EDA") is owner of real estate acquired through condemnation located at 450 - 38th Avenue N.E., Columbia Heights, MN, and which is legally described in Exhibit "A" attached hereto ("Property"); and WHEREAS, the EDA has previously agreed in that certain Contract for Private Redevelopment between the EDA and Huset Park Development Corporation ("Redeveloper") dated October 25, 2004, that the EDA will convey title of the Property to the Redeveloper for redevelopment consistent with said contract; and WHEREAS, prior to adoption of this resolution, the Board of Commissioners held a public hearing, after proper notice pursuant to Minn. Stat. S 469.105, at which they provided the opportunity for public comment on the question of whether the EDA should sell the Property to the Developer. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY, AS FOLLOWS: 1. Conveyance of the Property by the EDA to the Redeveloper in accordance with the provisions of said Contract for Private Redevelopment is approved. 2. The Executive Director and President of the EDA are hereby authorized and directed to execute all appropriate documents to convey title of the Property to the Redeveloper in accordance with the Contract for Private Redevelopment between the EDA and Huset Park Development Corporation. 3. The Executive Director and President of the EDA, staff and consultants are hereby authorized and directed to take any and all additional steps and actions necessary or convenient in order to accomplish the intent of this Resolution. ~M/cfr~~~ u.P- Don Murzyn, Jr., Preside Adopted this ~day of h . ,2005. ~/-&-d Cheryl en- Secretary RJL-263516vl CL205-25 EXHIBIT A PARCEL G (Abstract) (PIN No. 35-30-24-34-0002) (450 - 38th Avenue N.E.) Property Address: 450 - 38th Avenue NE, Columbia Heights, Minnesota 55421. Legal Description of Property to be Acquired: Lot 3, Auditor's Subdivision No. 50 Together with vacated and to be vacated streets and alleys accruing thereto upon vacation and appurtenant easements if any. According to the map or plat thereof on file and of record in the office of the County Recorder in and for Anoka County, Minnesota EXCEPT: That part of Lot 3, Auditors Subdivision Number 50, Anoka County, Minnesota which lies southeasterly of the following described line; Said line commences at the northwest comer of said Lot 3: thence south 89 degrees 55 minutes 31 seconds east, on an assumed bearing, along the north line of said Lot 3 a distance of 143.15 feet to the point of beginning of said line; thence southwesterly on a non-tangential curve a distance of 83.69 feet, said curve has a radius of815.00 feet, a central angle of 05 degrees 53 minutes 02 seconds, a chord length of 83.66 feet and a chord bearing of south 38 degrees 02 minutes 41 seconds west to the south line of said Lot 3, and there terminating. According to the map or plat thereof on file and of record in the office of the County Recorder in and for Anoka County, Minnesota. RJL-263516vl CL205-25 A-I