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