Title
Resolution approving and authorizing the sale and conveyance of 0 7th Street West aka 788 Thurston to West Seventh LLC for the sale price of $8,000, District 9, Ward 3
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (the “HRA”) is a public body corporate and politic established pursuant to the provisions of the Minnesota Statutes sections 469.001 et. Seq.; and
WHEREAS, the HRA has the power to engage in development or redevelopment activities under Minnesota Law; is authorized to engage in activities relating to (a) housing projects and development, (b) removal and prevention of the spread of conditions of blight or deterioration, (c) bringing substandard buildings and improvements into compliance with public standards, (d) disposition of land for private development, and (e) improving the tax base and the financial stability of the community, when these needs cannot be met through reliance solely upon private initiative and which can also be undertaken in targeted neighborhoods; and is authorized to create redevelopment projects as defined in Minnesota Statutes section 469.002, subd. 14; and
WHEREAS, the HRA owns property located at 0 7th Street West (the “Parcel”) which is legally described as follows: Victoria Park Outlot A to the City of Saint Paul, according to the recorded plat thereof, and situated in Ramsey County, Minnesota; and
WHEREAS, on or around April 6, 2023, the HRA received a proposal from West Seventh LLC with an offer of $8,000.00 for acquisition of the Parcel; and
WHEREAS, the Parcel is adjacent to Pilgrim Dry Cleaners, a business owned by West Seventh LLC; and provides an access point to the business; and
WHEREAS, the Parcel’s size is 3,049.20 square feet and it was determined by an appraisal that its best and highest use is assemblage; and
WHEREAS, West Seventh LLC will maintain the Parcel as is and has no plans to construct any structures on the Parcel; and
WHEREAS; the Parcel is a vacant lo...
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