HomeMy WebLinkAboutEDA Resolution No. 2024-20COTUMBIA HEIGHTS ECONOMIC DEVETOPMENT AUTHORITY
CIry OF COTUMBIA HEIGHTS
ANOKACOUNW
STATE OF MINNESOTA
RESOLUTTON NO.2024-20
A RESOTUTION AUTHORIZING CONVEYANCE OF CERTAIN REAI
PROPERTY TO THE CITY OF COLUMBIA HEIGHTS
WHEREAS, the Columbia Heights Economic Development Authority (the "Authority'') is the owner
of certain real property located at 3939 Central Ave NE, Columbia Heights, in Anoka County,
Minnesota and legally described as that part of block 4 Waltons rear of lots 33 & 34 block 6 Reservoir
HillslyingSofNl50ft, lyingWofE165ftofS180ftofN330ft,&lyingNofS100ftofW183ft
thereof (the "Property''); and
WHEREAS, the City of Columbia Heights, Minnesota (the "City") is interested in owning the Propefty;
and
WHEREAT the Authority has determined that it is in the best interest of the public to convey the
Property to the City; and
WHEREAS, the Authority and the City have followed applicable statutory provisions, including but
not limited to, Minnesota Statutes, Sections 465.035 a d 477.54.
NOW THEREFORE, BE lT RESOTVED by the Board of Commissioners of the Columbia Heights
Economic Development Authority as follows:
1. The recitals set forth in the preamble to this resolution and the exhibits attached to
this resolution are incorporated into this resolution as if fully set forth herein.
2. The conveyance of the Property by the Authority to the City is hereby authorized
pursuant to a quit claim deed.
3. The Board hereby authorizes the President and Executive Director, in their
discretion and at such time, if any, as they may deem appropriate, to execute on behalf of the
Authority all appropriate documents to convey title of the Property to the City, including but not
limited to a quit claim deed (the "Conveyance Documents"), and to carry out, on behalf of the
Authority, the Authority's obligations thereunder when all conditions precedent thereto have
been satisfied. The Conveyance Documents shall be in substantially the form on file with the
Authority and the approval hereby given to the Conveyance Documents includes approval of such
additional details therein as may be necessary and appropriate and such modifications thereof,
deletions therefrom and additions thereto as may be necessary and appropriate and approved
by legal counsel to the Authority and by the officers authorized herein to execute said documents
CL 162-l l-965193.v I Rcsolution 2024-20
I
prior to their execution; and said officers are hereby authorized to approve said changes on
behalf of the Authority. The execution of any instrument by the appropriate officers of the
Authority herein authorized shall be conclusive evidence of the approval of such document in
accordance with the terms hereof. This resolution shall not constitute an offer and the
Conveyance Documents shall not be effective until the date of execution thereof as provided
herein.
4. ln the event of absence or disability of the officers, any of the documents
authorized by this resolution to be executed may be executed without further act or
authorization of the Board by any duly designated acting official, or by such other officer or
officers of the Board as, in the opinion of the City Attorney, may act in their behalf. Upon
execution and delivery of the Conveyance Documents, the officers and employees of the Board
are hereby authorized and directed to take or cause to be taken such actions as may be necessary
on behalf ofthe Board to implement the Conveyance Documents.
ORDER OF ECONOMIC DEVELOPMENT AUTHORITY
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Offered by:
Seconded by:
Roll Ca ll:
P resid en
Atte
CL 162-31-965193.v 1 Resolution 2024-20
Passed this 5th day of August 2024
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