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ok e <br /> RESOLUTION NO. 2014-04 <br /> AUTHORIZING PURCHASE AGREEMENT FOR <br /> PROPERTY AT 3944 WEST 49-1/2 STREET <br /> WHERAS, the Edina Housing and Redevelopment Authority (HRA) may acquire real property and may <br /> operate and maintain public parking facilities in connection with any of its projects pursuant to the authority <br /> provided under Minn. Stat.469.012; and <br /> WHEREAS, the HRA has previously constructed a public parking facility located at 3936-3940 West 49- <br /> 1/2 Street; and <br /> WHEREAS, studies have confirmed the need for additional parking in the business district as well as the <br /> viability of the existing garage to be expanded to provide additional parking;and <br /> WHEREAS, terms of a Purchase Agreement have been reached with the owner of the property located at <br /> 3944 West 49-1/2 Street, Edina, Minnesota, 55424. <br /> NOW, THEREFORE, BE IT RESOLVED, the Edina Housing and Redeve pment Authority approves the <br /> Purchase Agreement for the property located at 3944 West 49-1/2 Street and aut orizes the Chair and Executive <br /> Director to execute the documents necessary to purchase the property. <br /> Dated: September 2, 2014. <br /> Attest: <br /> Ann Swenson, Secretary James B. Hovland, Chair <br /> STATE OF MINNESOTA) <br /> COUNTY OF HENNEPIN) SS <br /> CITY OF EDINA ) <br /> CERTIFICATE OF EXECUTIVE DIRECTOR <br /> I,the undersigned duly appointed and acting Executive Director for the Edina Housing and Redevelopment Authority do hereby certify that <br /> the attached and foregoing Resolution is a true and correct copy of the Resolution duly adopted by the Edina Housing and Redevelopment <br /> Authority at its Regular Meeting of September 2,2014,and as recorded in the Minutes of said Regular Meeting. <br /> WITNESS my hand and seal of said City this day of <br /> Executive Director <br /> CITY OF EDINA <br /> 4801 West 50th Street•Edina,Minnesota 55424 <br />•952-927-8861 •Fax 952-826-0390 <br />