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HomeMy WebLinkAboutResolution No. 2025-04 Approving the Conveyance of Property at 5146 Eden Ave to the City of Edina;v:1 rl �r(1J EDINA HOUSING AND REDEVELOPMENT AUTHORITY RESOLUTION 2025-04 APPROVING THE CONVEYANCE OF PROPERTY AT 5146 EDEN AVENUE TO THE CITY OF EDINA WHEREAS, the property commonly referred to as 5146 Eden Avenue and legally described on the attached Exhibit "A" ("Subject Property") was formerly used as the municipal public works maintenance facility for the City of Edina from 1962 until this municipal function outgrew the site and was relocated in 2012; and WHEREAS, the Edina Housing and Redevelopment Authority ("HRA"), acquired an interest in the property from the City of Edina ("City") in 2021 to study re -use alternatives, solicit input from the real estate development community, consider design alternatives and solicit input from the general public to facilitate the redevelopment of the site; and WHEREAS, The City executed a quit claim deed for the Subject Property to the HRA on February 22, 2021 recorded with Hennepin County as Document Number 5857482; and WHEREAS, the HRA solicited redevelopment proposals including purchase terms for the site in March 2025, reviewed eleven (1 1) proposals in May 2025 and interviewed five development teams in July 2025; and WHEREAS, the HRA is prepared to recommend a preferred development team who is believed to offer the best terms and the best project for the site; and WHEREAS, the City is considering a future sale of the Subject Property for a privately redeveloped mixed -use project likely to include multi -family housing, commercial use(s) and outdoor walkways and spaces available to the general public; and WHEREAS, to facilitate the future sale of the Subject Property for private redevelopment, the HRA proposes to convey the Subject Property back to the City for the purpose identified above; follows NOW, THEREFORE, BE IT RESOLVED by the Edina Housing and Redevelopment Authority as Authorizing conveyance of the Subject Property to the City of Edina by Quit Claim Deed; CITY OF EDINA 4801 West 50th Street • Edina, Minnesota 55424 EdinaMN.gov • 952-927-8861 HRA Resolution 2025-04 Page 2 2. Authorizing the Chairperson and Executive Director of the HRA to execute all necessary documents to facilitate and complete the conveyance of the Subjek Property. ADOPTED this J L4TV' day of August, 2025, by the Edina Housing and Re&yl el'opment Authority. ATTEST: STATE OF MINNESOTA) COUNTY OF HENNEPIN) SS CITY OF EDINA Hovland, Chair �I 9A, f �' jas Pierce, ecretary 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 August 14, 2025, and as recorded in the Minutes of said Regular Meeting. WITNESS my hand and seal of said City this `f day of AM W 2025. a Sco eal, xecutive Director HRA Resolution 2025-04 Page 3 EXHIBIT "A" Legal Description of HRA Subject Property : Common Address: 5146 Eden Avenue, Edina Minnesota 55436 Parcel ID #s: 28-1 17-21-31-0014, 28-1 17-21-31-0015, and 28-1 17-21-31-0016 Legal Description: Lots 2, 3, 4, 5, 6, 7, 8, 9 and 10, and the East 90 feet of Lots I I to 19 inclusive, all in Block 2, Grandview Heights, Hennepin County, Minnesota according to the recorded plat thereof, And That part of Government Lot 8, Section 28, Township 117, Range 21, lying North of the centerline of Eden Avenue and East of a line drawn parallel to the main track of the Minneapolis, Northfield and Southern Railway from a point on the North line of said Government Lot 8 distant 582 feet East from the Northwest corner of said Government Lot 8.