Title
Resolution Approving and Authorizing the Acceptance of a Land Donation at 1366 Fremont Ave from Wells Fargo Bank, N.A. in Lieu of Payment of Demolition Assessment, District 4, Ward 7
Body
WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”) is a public body corporate and politic organized, existing, and operating under the laws of the State of Minnesota, Minn. Stat. Sec. 469.001, et seq. (the “Act”); and
WHEREAS, the HRA has the power to engage in development and redevelopment activities under the Act, and is authorized to create redevelopment projects as defined in the Act, and said activities include but are not limited to: (a) providing adequate, safe and sanitary dwellings, remedying housing shortages for low and moderate income residents, and providing housing for persons of all incomes through housing projects and development, (b) removing and preventing blight or deterioration, (c) bringing substandard buildings and improvements into compliance with public standards, (d) performing duties according to the comprehensive plan, (e) disposing of land for private redevelopment, and (f) improving the tax base and the financial stability of the community; and
WHEREAS, Wells Fargo Bank, N.A. (“Wells Fargo”) is the owner of vacant property at 1366 Fremont Avenue (the “Property”), in Saint Paul, Minnesota, with the legal description of Lots 7-9, Smith’s Subdivision of Block 14, Stinson’s Frances Street Addition to St. Paul, Ramsey County, Minnesota, and acquired the Property via a Sheriff’s Certificate following mortgage foreclosure; and
WHEREAS, the City received numerous reports of code violations between 2002 and 2023 and in 2023, the Department of Safety and Inspections demolished the house, garage, and other structures on the Property; the cost of the demolition was assessed and certified to Ramsey County in the amount of $44,460.68; and
WHEREAS, Wells Fargo contacted the City to ask if it w...
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