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File #: RES PH 19-296    Version: 1 Name: Conveyance of 1883 Nevada E to Greater Frogtown Comm Dev Corp
Type: Resolution-Public Hearing Status: Passed
In control: Housing & Redevelopment Authority
Final action: 8/28/2019
Title: Resolution approving and authorizing the sale and conveyance of 1883 Nevada Avenue East to Greater Frogtown Community Development Corporation, waiver of the 45 day written notice in the HRA Disposition Policy, authorization to enter into an agreement and authorization of expenditures for redevelopment, District 2, Ward 6
Sponsors: Amy Brendmoen
Attachments: 1. Board Report, 2. Award Recommendation, 3. Map, 4. Project Summary, 5. Sources and Uses, 6. District 2 Profile
Title
Resolution approving and authorizing the sale and conveyance of 1883 Nevada Avenue East to Greater Frogtown Community Development Corporation, waiver of the 45 day written notice in the HRA Disposition Policy, authorization to enter into an agreement and authorization of expenditures for redevelopment, District 2, 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 Minn. Stat Section 469.002, Subd. 14; and

WHEREAS, the HRA has duly adopted and there is now lawfully in effect in the City of Saint Paul, Minnesota, a City Consolidated Five-Year Plan; and

WHEREAS, it is in the interests of the HRA and the City of Saint Paul and of the general public to invest federal Community Development Block Grant (CDBG) funds in strategic property acquisitions in a timely manner consistent with the annual nature of the grant and with HUD spending expectations; and

WHEREAS, the HRA presently owns property located at 1883 Nevada Avenue East, Saint Paul, Minnesota (the “Property”); and

WHEREAS, the HRA received a proposal from G...

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