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HomeMy WebLinkAboutEDA RES 2016-21COLUMBIA HEIGHTS ECONOMIC'.DEVELOPMEN'['A(JI'tiORIly RESOLUTION NO, 2016-21 RESOLUTION APPROVING REVISED GUIDELINES FOR CONVEYANCE OF CERTAIN LOTS OWNED BY THE ECONONOMIC DEVELOPMENT AUTHORITY BE IT RESOLVED By the Board of Commissioners ("Board") of the Columbia Heights Econornic 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 certain parcels suitable for the construction of single-family homes, which parcels are described in Exhibit A hereto (the "Subject Parcels"). 1.03. The Authority created its Single Family Home Lot Sales Program and approved preliminary guidelines for this program (the "Guidelines") on September 8, 2015, and approved amendments, to the Guidelines on January 4, 201.6. Pursuant to the Guidelines, the Authority has conveyed certain of the Subject Parcels to contractors that will construct homes for sale to owner- occupants, and intends to convey the remaining Subject Parcels for the same purpose. The Authority may in the future identify additional parcels suitable for such construction. 1.04. The Authority has determined that additional 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; urther Proceedings, 2.01. The Board approves the Guidelines as modified, 2,02. Authority staff and consultants are 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 following a duly notice public hearing thereon, as described in the Guidelines. Approved by the Board of Commissioners of the Columbia Heights Economic Development Authority this ➢ st day of August, 2016, ATTEST: Secretary 3� M Subject Parcels ._ _ __ ..... ADDRESS _ _.... _ ...... _.... _� . . ... _ ........ ." ..... .... LEGAL DESCRIPTION � 1 ID 46(f6 Polk Street : 1 -North _.. __ Lot 13, except the ' /, '/,,""-the -North 34� fe t a 1 cat 5- 3'0 -24 ­-­­- ,24-33-0030 14, Block 2, Sheffield's Second Subdivision, Anoka. County Minnesota [Torrens] 4636 Polk Street 11 Lot 5 except the forth 35 feet thereof, all of Lot 6 25- 30 -2 -33 -0025 and the North 1/a 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, ..... 25-30-24-33-0038 Sheffield's Second Subdivision, Anoka County, Minnesota [Togens] 4600 l"olk Street l"�iE Lot 14, except the forth 30 feet thereof, and Lot 15, 25- 30 -24 -33 -0031 Block 2, Sheffield's Second Subdivision, Anoka County, Minnesota [Torrens] 4645 Polk Street 1dW .... lock _ 2, .... Souuth °r� of Lot 2, and all of Lot 3, Block-2" 25- 30 -24 -33 _ _ ._... -002.3 Sheffield's Second. Subdivision, Anoka County, Minnesota [Torrens] 4618 Polk Street NE* i ,Lot 11, and the North 10 feet of Lot 12, Block 2, 25- 30 -24 -33 -0025 Sheffield's Second Subdivision, Anoka County,. Minnesota. [ l omens] * Sold to qualified contractor, no longer available.