Title
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 Parcel 953 Wilson Avenue, Dayton’s Bluff, District 4, Ward 7; And 2) Sale And Conveyance Of Parcel 950 Jessamine Avenue East, Payne Phalen, District 5, Ward 6; And 3) Sale And Conveyance Of Parcel 690 Jenks Avenue, Payne Phalen, District 5, Ward 6.
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 Statutes section 469.002, subdivision 14; and
WHEREAS, the HRA acquired at different times the following properties, namely: 953 Wilson Avenue, 950 Jessamine Avenue East, and 690 Jenks Avenue (collectively the “Properties”), in Saint Paul, Minnesota, as described in the staff report submitted to the HRA Board with this resolution; and
WHEREAS, on January 28, 2015, by Resolution PH 15-30, the HRA approved a sale of parcel 950 Jessamine Avenue East to James Falvey Homes, Inc. (“JFH”), but prior to closing, JFH decided not to go through with th...
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