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88-03 HRA Resolution . . . Resolution 88-3 September 14, 1988 Commissioner Bakken introduced the following resolution and moved its adoption: RESOLUTION CONDITIONALLY DESIGNATING DEVELOPER OF A PORTION OF THE NORTH WIRTH 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 North Wirth Redevelopment Plan as amended; WHEREAS, over the past few years the HRA has received a number of proposals from prospective builders and/or developers for the North Wirth Redevelopment Area and has reviewed those proposals in detail; NOW, THEREFORE, BE IT RESOLVED, by the HRA that: 1. It hereby conditionally designates Bossardt Christenson Corporation as the developer of a portion of the North Wirth Redevelopment Area, as shown on the attached map, 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 Bossardt Christenson Corporation is not to be construed as binding on the HRA and the HRA may withdraw its designation of Bossardt Christenson Corporation at any time. 2. It hereby authorizes the HRA staff to negotiate a development agreement with Bossardt Christenson Corporation for a portion of the North Wirth Redevelopment Area. 1 recto r The he 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 Di rector.