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Resolution Approving and Authorizing Action related to the Saint Paul Housing and Redevelopment Authority's (HRA) Disposition Strategy and Work Plan: 1) Sale and Conveyance of the Parcel 981 Euclid Street, Dayton's Bluff, District 4, Ward 7; and 2) Sale and Conveyance of the Parcel 1045 Fremont Avenue, Dayton's Bluff, District 4, Ward 7.
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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 Statutes section 469.002, subdivision 14; and
WHEREAS, the HRA acquired at different times the following properties, namely: 981 Euclid Street and 1045 Fremont Avenue (collectively the "Properties"), in Saint Paul, Minnesota, as described in the staff report submitted to the HRA Board with this resolution; and
WHEREAS, the legal description of 981 Euclid Street is as follows: Lot 26, Stinson's Subdivision of Block 80 of Lyman Dayton's Addition to St. Paul; and
WHEREAS, the legal description of 1045 Fremont Avenue is as follows: Lot 27, Block 5, Skidmore's Addition, Ramsey County, Minnesota.
WHEREAS, the HRA proposes to sell and convey 981 Euclid Street to Janae Martinez for $10,000.00 and Janae Martinez is willing to accept the conveyance for such purposes on the terms described in the staff report ("Euclid Proposal"); and
WHEREAS, the HRA proposes to convey 1045 Fremont Avenue to ERDI, LLC for $10,000.00 and ERDI, LLC is willing to accept the conveyance for such purposes on the terms described in the staff report ("Fremont Proposal"); and
WHEREAS, the Board of Commissioners of the HRA considered the Euclid Proposal and Fremont Proposal pursuant to due notice thereof that was published in the Saint Paul Pioneer Press on February 14, 2015, after a public hearing held on Wednesday, February 25, 2015 at 2:00 pm, central standard time, on the third floor of City Hall, 15 West Kellogg Boulevard, Saint Paul, Minnesota; and
WHEREAS, by this resolution the Board of Commissioners of the HRA finds a public purpose for the conveyance of the Properties, and finds that because of the individual characteristics of the Properties the conveyances should be made on the terms described herein and in the staff report, notwithstanding any HRA policy that would include different or additional terms for the conveyances,
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota that:
1. The HRA Board of Commissioners hereby approves the Euclid Proposal for sale and conveyance of 981 Euclid Street to Janae Martinez on the terms described in the staff report.
2. The HRA Board of Commissioners hereby approves the Fremont Proposal for conveyance of 1045 Fremont Avenue to ERDI, LLC on the terms described in the staff report.
3. The HRA Executive Director is authorized and directed to finalize all documents and agreements necessary to effectuate the conveyance of the Properties to each corresponding party.
4. The HRA Executive Director, staff and legal counsel for the HRA are further directed and authorized to take all actions necessary to implement this Resolution. The HRA's Executive Director is authorized to execute any documents and instruments in connection with this Resolution except that the HRA Chair/Commissioner shall execute the deeds of conveyance.