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88-01 HRA Resolution . . . Resolution 88-1 May 10, 1988 Commissioner Anderson introduced the following resolution and moved its adoption: RESOLUTION CONDITIONALLY DESIGNATING DEVELOPER OF AREA C WITHIN THE VALLEY SQUARE REDEVELOPMENT AREA WHEREAS, the Housing and Redevelopment Authority in and for the City of Golden Valley (hereinafter "HRA") and the City Council of the City of Golden Valley (hereinafter "City") have approved the Valley Square Redevelopment Plan as amended; WHEREAS, the HRA from time to time has advertised for builders and/or developers to submit proposals for development of the various areas contained within the Valley Square Redevelopment Area; and WHEREAS, over the past few years the HRA has received a number of proposals from prospect ive bui 1 ders and/or developers for Area C and has revi ewed those proposals in detail; NOW, THEREFORE, BE IT RESOLVED, by the HRA that: 1. It hereby conditionally designates Ron Clark Construction Inc. as the developer of Parcel C within the Valley Square Redevelopment Area on the conditions that (a) it meet all requirements of the City and HRA including, but not limited to, all building, zoning and planned unit development requirements in addition to requirements for a development agreement; and (b) it negotiate and enter into a satisfactory development agreement with the HRA and which meets all requirements of the HRA. Designation of Ron Clark Construction Inc. is not to be construed as binding on the HRA and the HRA may withdraw its designation of Ron Clark Construction Inc. at any time. 2. It hereby authorizes the HRA staff to negotiate a development agreement with Ron Clark Construction Inc. for Area C of the Valley Square Redevelopment Area. The motion fo adoption of the foregoing resolution was seconded by Commissioner J nson 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 Director.