HomeMy WebLinkAboutEDA RES 2008-05
COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION 2008-05
RESOLUTION CONVEYING ECONOMIC DEVELOPMENT AUTHORITY OWNED PROPERTY
AT 3710, 3718 AND 3722 CENTRAL AVENUE TO 37TH AND CENTRAL LLC, OR ITS
PERMITTED SUCCESSORS AND ASSIGN
WHERAS, on April 22, 2008 the City of Columbia Heights Economic Development Authority
approved an Agreement entitled, Contract for Private Redevelopment By and Between the
Columbia Heights Economic Development Authority, Columbia Heights, Minnesota and The City
of Columbia Heights, Minnesota and 37'h and Central LLC.
WHEREAS, the City owned parcels identified as 3710,3718 and 3722 Central Avenue and
referenced as such within the aforementioned Agreement, and
WHEREAS, Section 3.1 of the subject Agreement requires the City to transfer ownership of the
subject parcels to the Economic Development Authority in order for the same agency to convey
ownership to 37'h and Central LLC, or its permitted successors and assigns, and
WHEREAS, City Council on behalf of the City of Columbia Heights approved Ordinance No.
1543 on April 28, 2008 to transfer the subject properties to the Economic Development
Authority, and
WHEREAS, Pursuant to State Law a Public Hearing has been published in the City's authorized
newspaper, and
NOW, THEREFORE BE IT RESOLVED, that the Columbia Heights Economic Development
Authority (EDA) President and Executive Director are authorized to sign any and all documents
necessary for the Conveyance of Land for parcels 3710, 3718 and 3722 Central Avenue,
Columbia Heights, Minnesota to 37'h and Central LLC, or its permitted successors and assigns.
I certify that the above resolution was adopted by the Columbia Heights Economic Development
Authority.
PASSED THIS ;t-!Day of }1Ilt-"t- ,2008.
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OFFERED BY:
SECOND BY:
ROLL CALL:
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Gary L. Peter on- President
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