Title
Authorization to execute an agreement between the Saint Paul Housing and Redevelopment Authority and JB Vang Partners, Inc., a Minnesota corporation (“JB Vang”) regarding land title registration at 694 and 680 Minnehaha Avenue East, Saint Paul, MN, District 4, Ward 7
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the “HRA”) is a public body corporate and politic established, existing, and operating under the laws of the State of Minnesota pursuant to the provisions of Minnesota Statutes, Section 469.001, et seq. (the “Act”); and
WHEREAS, the HRA is empowered by law, including the Act, to adopt and enforce this Resolution in pursuit of its mandate to engage in appropriate housing, development, and redevelopment projects; to remove or prevent the spread of conditions of blight or deterioration; to bring substandard buildings and improvements into compliance with public standards; to dispose of HRA-owned land for private development; and to improve the tax base and the financial stability of the community; and
WHEREAS, HRA owns approximately 4.8 acres of land that is improved with eight vacant and deteriorated buildings, and certain parking areas, all located at 694 and 680 Minnehaha Avenue East (the “Hamm’s Site”), which is currently composed of both abstract land and registered (or Torrens) land; and
WHEREAS, the HRA issued a publicly announced request for proposals for the purchase and redevelopment of the Hamm’s Site (the “RFP”) on October 18, 2021, with a submission deadline of April 29, 2022, all in compliance with the HRA’s disposition policy; and
WHEREAS, on January 11, 2023, by Resolution 23-71, the HRA Board accepted the proposal submitted by JB Vang to construct a 259-unit affordable housing and mixed-use development on the Hamm’s Site (the “Project”); and
WHEREAS, to implement the Project, it is necessary to commence and complete a land title registration (or “Torrens”) process on the ab...
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