87-03 HRA Resolution
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Resolution 87-3
Augu st 18, 1987
Commissioner Anderson introduced the following resolution and moved its adoption:
RESOLUTION ISSUING CERTIFICATE OF COMPLETION
FOR PHASE III ON PARCEL 2 OF MEDLEY PARK
WHEREAS, the Second Amendment to the Medley Park Private Development
Agreement entered into between the Housing and Redevelopment Authority (HRA)
in and for the City of Golden Valley and Bor-Son Investment Properties Corporation,
dated March 12, 1985, provides that once the HRA staff has completed inspection
to confirm IIfinishedll construction as to a phase on Parcel 2, the HRA shall
issue a Certificate of Completion as to that phase; and
WHEREAS, a unit is defined as IIfinishedll in the Second Amendment of the
Medley Park Private Development IIwhen the complete structure in which it is
located has been erected, the exterior thereof finished and landscaped, the
interiors have been provided with utilities, plumbing, heating, electrical and
walls except for sheetrocking, millwork and finish selections. . .11; and
WHEREAS, HRA staff has filed an inspection report indicating that Phase III
construction on Parcel 2 is IIfinishedll as defined herein above within time
deadlines specified in the Private Development Agreement as amended by the Third
Arne ndme nt ;
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The motion he adoption of the foregoing resolution was seconded by
Commissioner B ken and upon a vote being taken thereon, the following voted
in favor thereof: Anderson, Bakken, Johnson, Stockman, and Thompson; and the
following voted against the same: none, whereupon said resolution was declared
duly passed and adopted, signed by the Chair and his signature attested by the
Di rector.