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HomeMy WebLinkAboutResolution No. 2022-04 Authoring Sale of Land to WHAHLT 425 Jefferson Avenue`NA. ?ll i a w9e HOUSING AND REDEVELOPMENT AUTHORITY OF EDINA, MINNESOTA HENNEPIN COUNTY STATE OF MINNESOTA RESOLUTION NO. 2022-04 RESOLUTION AUTHORIZING SALE OF LAND TO WEST HENNEPIN AFFORDABLE HOUSING LAND TRUST WHEREAS, the Board of Commissioners (the "Board") of the Housing and Redevelopment Authority of Edina, Minnesota (the "HRA"), after proper published notice, held a public hearing at approximately 7:30 A.M. on April 7, 2022 with regard to the sale of the property at 425 Jefferson Avenue South, Edina, MN 55424, PID 30- 1 17-21-22-0122, and legal described as: Lot 15, except the North 32 feet thereof and all of Lot 14, Block 11, "West Minneapolis Heights", Hennepin County, Minnesota (the "Property") WHEREAS, the HRA acquired the Property in 2021 with the intent that it would be conveyed for the purpose of creating affordable housing; and WHEREAS, the West Hennepin Affordable Housing Land Trust d/b/a Homes Within Reach ("WHAHLT"), a Minnesota nonprofit corporation has a Mission "to use the Community Land Trust practice to create and preserve affordable homeownership for families in suburban Hennepin County"; and WHEREAS, WHAHLT submitted a proposal to acquire the Property for $1.00 to renovate, place the land into the Land Trust and sell the house to a eligible homeowner; and WHEREAS, the Board has reviewed any and all materials submitted by HRA staff, including the proposal from WHAHLT, considered any and all oral and written testimony offered by interested parties; considered all historical background of the Property and HRA grant programming, and at its March 3, 2022 meeting, considered the matter. NOW, THEREFORE, BE IT RESOLVED by the Board as follows: All requirements of Minnesota Statutes, Section 469.029 regarding the sale of the Property have been satisfied. BE IT FURTHER RESOLVED: The HRA accept the terms proposed by WHAHLT and authorizes the sale of the Property to WHAHLT and the Chair and Executive Director are authorized to execute the documents required to complete the sale of the Property CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 Approved by the Board on April 7, 2022. ATTEST: es ie e, ecretary 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 Housing and Redevelopment Authority of Edina, Minnesota, do hereby certify that the attached and foregoing Resolution is a true and correct copy of the Resolution duly adopted by the Housing and Redevelopment Authority of Edina, Minnesota at its Meeting of April 7, 2022, and as recorded in the Minutes of said Meeting. WITNESS my hand and seal of said City this 1% day of April, 2022.