HomeMy WebLinkAboutEDA RES 2016-02COLUMBIA HEIGHTS ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO. 2016-02
TTSyJ-rU11FPEL-1nE9 FOR CONVEYANCE OF
CERTAIN LOTS OWNED BY THE ECONONOMIC DEVELOPMr ENT
AUTHORITY
BE IT RESOLVED By the Board of Commissioners ("Board") of the Columbia Heights
Economic Development Authority ("Authority") as follows:
Section 1. Recitals.
1.01. The Authority has determined a need to exercise the powers of a housing and
redevelopment authority, pursuant to Minnesota Statutes, Sections. 469,090 to 469,108 (,,EDA
Act"), and is currently administering the Downtown CBD Redevelopment Project ("Redevelopment
Project") pursuant to Minnesota Statutes, Sections 469.001 to 469,047 ("HRA Act"').
1,02. Within the Redevelopment Project, the Authority has acquired parcels suitable for
the construction of single-family homes, which parcels are described in Exhibit A hereto (the
"Subject Parcels").
1.03. The Authority intends to convey the Subject Parcels to contractors that will construct
homes for sale to owner-occupants, and may in the future identify additional parcels suitable for
such construction. To that end, the Authority created its Single Family Home Lot Sales Program
and approved preliminary guidelines for this program (the "Guidelines") on September 8, 2015.
1.04. The Authority has determined that certain revisions to the Guidelines are needed,
and has caused revisions to the Guidelines to be prepared in the form presented to the Board.
Section 2. Revised Guidelines Approved, Further Proceediri-s.
2.01, The Board approves the Guidelines as modified.
2.02. Authority staff and consultants arc authorized and directed to negotiate sales of the
Subject Parcels with qualified contractors, subject to the condition that before the EDA is obligated
to sell any Subject Parcel, the Board shall approve a purchase and redevelopment agreement with
the buyer of that parcel, as described in the Guidelines.
Approved by the Board of Commissioners of the Columbia Heigh nomic Development
Authority this 4th day of January, 2016. rco I\\
Secretary
Subject Parcels
ADLI LSS,
LEGAL DESCRfPT1C)N
PID
4606 Polk Street NE
�_
Lot 13, except the North 1/2, the I40rth 3� feet cif Lot
25-30-24-33-0030,
14, Block 2, Sheffield's Second Subdivision, Anoka
...
County, Minnesota To e��s�
4636 Polk Street NE
Lot 5, except the North
P � 35 feet thereof, a ➢1 of I...ot 6,
25- 3�- 24- 33 -��25
and the North "/2 of Lot 7, in Block 2, Sheffield's
Second Subdivision, Anoka County, Minnesota.
[Torrens]
4641 Tyler Street NE
Lot 25 and the South 20 feet of Lot 26 Block 2
25- 30- 24- 33 -t1�38
Sheffield's Second Subdivision, Anoka County,
.m
Mir tesota [ s ]
4600 Polk Street E
Lot 14 exec t the
�t the North 30 feet thereof, and Lot 15,
25- 36 - 24- 33- f)031
Block 2, Sheffield's Second Subdivision, Anoka
County, Minnesota [Torrens]
4648 Palk Street l
South / of Lot 2, and a:Cl ofLot 3, Block 2,
25- 3CM- 24- 33 -pt123
SlleffJeld's Second. Subdivision Anoka County,
_ _
Mi nesota [Torrexas]
_a
4618 Po ➢k Street 1'EE
_ __.
Lot 1 1 aad the 1Porth ➢ feet of Lot l 2', Block 2,
.....
25- 3- 24- 33 -028
Sheffield's Second Subdivision, Anoka County,
Minaesota [Torrens)