Title
Resolution approving and authorizing the execution of an easement agreement with Central Towers Limited Partnership at 475 Cedar Street, District 17, Ward 2
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, the HRA owns property at 475 Cedar Street, commonly known as the World Trade Center parking ramp, situated between Wabasha Street to the west, Cedar Street to the east, Seventh Street to the south, and includes a portion of an alley way to the north (the “HRA Parcel”); and
WHEREAS, Central Towers Limited Partnership (“Central Towers”) owns and operates Presbyterian Homes located at 20 Exchange Street E. (the “Central Towers Parcel”) which abuts a portion of the northerly boundary line of the HRA Parcel; and
WHEREAS, when the HRA constructed the World Trade Center parking ramp in the 1980s, the HRA Parcel lot lines included the alley access driveway to and from Wabasha Street and to and from a portion of Cedar Street essentially blocking some of the access to the Central To...
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