Title
Authorization to Amend Existing Lease with Frogtown Entrepreneur Center, LLC (Frogtown) and Neighborhood Development Center, Inc. (NDC) and to Enter into a License Agreement with The Three Gentlemen, LLC dba Big Daddy’s Barbeque, Frogtown, and NDC for Use of 621 University Avenue West, Planning District 7, Ward 1.
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 Minnesota Statutes, Section 469.001, et seq. (the “Act”); and
WHEREAS, the HRA has the power to engage in development or redevelopment activities under Minnesota law and the HRA 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 redevelopment, and (e) improving the tax base and the financial stability of the community, and to engage in the aforementioned activities 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 Statute Section 469.002, Subd. 14; and
WHEREAS, the HRA has leased real property located at 621 University Ave, Saint Paul, Minnesota (“Property”) to Frogtown Entrepreneur Center LLC (“Frogtown”) and Neighborhood Development Center, Inc (“NDC”) by a lease dated August 12, 1997 and amended on July 31, 2007 (“Lease”) for use as a surface parking lot; and
WHEREAS, Frogtown has leased to The Three Gentlemen, LLC dba Big Daddy’s Barbeque (“Big Daddy’s”) space in an adjacent building located at 625 University Avenue, Saint Paul, Minnesota (“Frogtown Property”) for use as a restaurant and catering service; and
WHEREAS, Big Daddy’s desires to create a door o...
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