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RESO 25-093 - Authorizing Transfer of 1131 Lilac Drive to the Housing and Redevelopment AuthorityRESOLUTION NO. 25-093 RESOLUTION AUTHORIZING TRANSFER OF REAL PROPERTY LOCATED AT 1131 LILAC DRIVE NORTH TO THE HOUSING AND REDEVELOPMENT AUTHORITY WHEREAS, the City of Golden Valley (the “City”) recognizes that its current housing environment severely underprovides affordable options, both in regard to rental and homeownership housing; and WHEREAS, a shortage of quality affordable housing is not only damaging to the economic prosperity of the City and surrounding region, but actively restricts low -to- moderate income households from choosing to live in Golden Valley; and WHEREAS, in addition, high housing costs contribute to both the historical and ongoing disparities in homeownership rates within the City, gatekeeping this key economic opportunity from those who might benefit from it the most; and WHEREAS, addressing the affordable housing homeownership gap, through all means available, is one of the City’s most expedient means of making itself a supportive and united community, strengthened by the diversity of its residents; and WHEREAS, in recognition of the shortage of affordable homeownership housing, the City encourages the use of vacant, unused parcels of land located within and owned by the City or the HRA for the development of affordable homeownership housing; and WHEREAS, City Code requires the City to consider affordable housing needs and opportunities before surplusing public lands that are non-essential to local government operation for other purposes; and WHEREAS, the Golden Valley City Council enacted Ordinance No. 727 Amending the City Code, Chapter 2 – Administration to Establish a New Ordinance to Prioritize Surplus Public Land for Affordable Housing on December 21, 2021; and WHEREAS, in response to the City’s enactment of Ordinance No. 727 to Prioritize Surplus Public Land for Affordable Housing, the Housing and Redevelopment Authority approved the Home Ownership Program for Equity and authorized the release of a Request for Qualifications process on June 21, 2022, and approved qualified developers on August 16, 2022; and WHEREAS, the City and the HRA desire to develop certain real property pursuant to and in furtherance of the Home Ownership Program for Equity, said real property being described as follows: Address 1131 Lilac Drive North and Legal Description as described in the attached as Exhibit A. NOW, THEREFORE, BE IT RESOLVED, by the City of Golden Valley: FOR VALUABLE CONSIDERATION, the City of Golden Valley, a Minnesota municipal corporation hereby resolves to convey and quit claim to the Housing and Docusign Envelope ID: BD89BBD5-C99D-42EF-B4B7-BA9AB4980DF3 Resolution No. 25-093 -2- October 7, 2025 Redevelopment Authority in and for the City of Golden Valley, a body corporate and politic under the laws of the State of Minnesota, real property in Hennepin County, Minnesota, legally described on the attached Exhibit A. Adopted by the City of Golden Valley, Minnesota this 7th day of October 2025. ____________________________ Roslyn Harmon, Mayor ATTEST: ______________________________ Theresa J. Schyma, City Clerk Docusign Envelope ID: BD89BBD5-C99D-42EF-B4B7-BA9AB4980DF3 Resolution No. 25-093 -3- October 7, 2025 EXHIBIT A LEGAL DESCRIPTION That part of Tract A described below: Tract A. Lot 2, Block 2, Hipp's Addition, according to the plat thereof on file and of record in the office of the County Recorder in and for Hennepin County, Minnesota; the title thereto being registered; which lies westerly of Line 1 described below: Line 1. Commencing at the northwest corner of Section 19, Township 29 North, Range 24 West, as shown on Minnesota Department of Transportation Right of Way Plat No. 27-104 as the same is on file and of record in the office of the County Recorder in and for Hennepin County, Minnesota; thence westerly on an azimuth of 269 degrees 45 minutes 11 seconds along the boundary of said plat for 79.92 feet to the point of beginning of Line 1 to be described; thence on an azimuth of 180 degrees 16 minutes 03 seconds for 588.69 feet and there terminating. Being Registered land as is evidenced by Certificate of Title No. 1440922. Docusign Envelope ID: BD89BBD5-C99D-42EF-B4B7-BA9AB4980DF3