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HomeMy WebLinkAbout2016-103RESOLUTION NO. 2016 -103 A resolution of the City Council for the City of Columbia Heights, Minnesota, appropriating a project budget in Redevelopment Fund 420 for the costs to hold 820 40th Avenue NE until sold. Whereas, in response to a 2014 referendum of the eligible voters of the City of Columbia Heights, the City of Columbia Heights contracted for the construction of a new library facility at 3939 Central Avenue Northeast; and Whereas, in 2016, library operations were moved to the new facility; and Whereas, in 2016, the City of Columbia Heights and the Columbia Heights Economic Development Authority endeavor to sell the former library facility, located at 820 40th Avenue Northeast, to both generate available resources and to promote redevelopment; and Whereas, the City Council for the City of Columbia Heights established Redevelopment Fund 420 by resolution 2002 -72 to be used for redevelopment costs; and Whereas, there are certain costs required to keep 820 40th Avenue Northeast secure and marketable until sold, including insurance, utilities, and routine maintenance; and Whereas, these costs were approximately $30,000 per year when the building was occupied; Now, therefore, in accordance with all ordinances and regulations of the City of Columbia Heights, the City Council of the City of Columbia Heights makes the following: ORDER OF COUNCIL IT IS HEREBY RESOLVED, that a project budget in Redevelopment Fund 420 for the costs to hold 820 40th Avenue NE until sold is appropriated in the amount of $30,000. Passed this 24th day of October 2016 Offered by: Williams Seconded by: Schmitt Roll Call: All Ayes r Gary L. Peterso , Mayor Attest: atie Bruno, City Clerk /Council Secretary