89-01 HRA Resolution
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Resolution 89-1
February 14, 1989
Commissioner Bakken introduced the following resolution and moved its adoption:
RESOLUTION CONDITIONALLY DESIGNATING TRAMMELL CROW COMPANY AS
DEVELOPER OF THE WEST AREA OF THE GOLDEN HILLS REDEVELOPMENT AREA
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Golden Valley (hereinafter IIHRAII) and the City Council of the City of Golden
Valley (hereinafter IICityll) have approved the Golden Hills 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 Golden Hills Redevelopment
Area and has reviewed those proposals in detail;
NOW, THEREFORE, BE IT RESOLVED, by the HRA that:
1. It hereby conditionally designates Trammell Crow Company as the developer
of a portion of the Golden Hills 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 Trammel Crow Company is
not to be construed as binding on the HRA and the HRA may withdraw its designation
of Trammel Crow Company at any time.
2. It hereby authorizes the HRA staff to negotiate a development agreement
with Trammel Crow Company for a portion of the Golden Hills Redevelopment Area.
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ATTEST:
The motion for adoption of the foregoing resolution was seconded by
Commissioner Anderson and upon a vote being taken thereon, the following voted
in favor thereof: Anderson, Bakken, Stockman and Thompson; and the following
was absent: Johnson, 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.