23-09 Authorize Sale of Real Property at 208 Meander Road to Great Metropolitan HousingDocuSign Envelope ID: E553FOCB-362A-4ED6-8FAA-5DO69375D546
HRA RESOLUTION NO. 23-09
A RESOLUTION AUTHORIZING SALE OF REAL PROPERTY LOCATED AT 208
MEANDER ROAD TO GREATER METROPOLITAN HOUSING CORPORATION IN
ACCORDANCE WITH A CONTRACT FOR DEVELOPMENT
WHEREAS, The Housing and Redevelopment Authority in and for the City of
Golden Valley (the "HRA") has been established by the city of Golden Valley (the "City")
to promote development and redevelopment within the community; and
WHEREAS, the HRA desires to develop certain real property pursuant to and in
furtherance of the Home Ownership Program for Equity adopted by the HRA, said real
property being described as follows: Address: 208 Meander Road, Legal: as described
in Exhibit A, attached hereto; and
WHEREAS, the HRA is authorized to sell real property within its area of
operation after public hearing; and
WHEREAS, a developer, Greater Metropolitan Housing Corporation, has been
identified as the purchaser of the described property and in accordance with a Contract
for Development; and
WHEREAS, a public hearing has been held after proper public notice.
NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment
Authority in and for the City of Golden Valley:
1. A public hearing has been held for 208 Meander Road and it is authorized to
be sold for $1 to Greater Metropolitan Housing Corporation in accordance with a
Contract for Development with the HRA.
2. The Chairperson and Director are authorized to execute a Contract for Private
Development and other agreements as required to effectuate the sale to Greater
Metropolitan Housing Corporation.
Adopted by the Housing and Redevelopment Authority in and for the City of Golden
Valley, Minnesota this 5th day of July 2023.
DocuSignn1ed by: I
Maurice Harris, HRA Chair
ATTEST:
DocuSigned by:
...
Timothy J. Cruikshank, Executive Director
DocuSign Envelope ID: E553FOCB-362A-4ED6-8FAA-5DO69375D546
EXHIBIT A
LEGAL DESCRIPTION OF THE PROPERTY
The North 158.8 feet of Lot 4, Block 3, Tralee, according to the recorded plat thereof,
Hennepin County, Minnesota.
Being Registered land as is evidenced by Certificate of Title No. 434516 and 434517.