93-01 HRA Resolution
Resolution 93-1
April 12, 1993
Commissioner Johnson introduced the following resolution and moved its adoption:
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RESOLUTION CONDITIONALLY DESIGNATING
CRAIG C. AVERY COMPANY AND WALKER METHODIST INC.
AS CO-DEVELOPERS OF A PORTION OF THE VALLEY SQUARE REDEVELOPMENT DISTRICT
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; and
WHEREAS, the HRA from time to time has reviewed various proposals from
developers for portions of the areas contained in the Valley Square Redevelop-
ment District; and
WHEREAS, over the past few years the HRA has received a number of proposals
from prospective developers for Area C and has reviewed those proposals in great
detail.
NOW, THEREFORE, BE IT RESOLVED by the HRA that:
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1. It hereby conditionally designates Craig C. Avery (hereinafter
"CCAC") and Walker Methodist Inc. (hereinafter "Walker") as the
co-developers of approximately two acres of the northeast area
of Area C on the conditions that: a) they meet all require-
ments of the HRA and City including, but not limited to, all
building, zoning, and planned unit development requirements in
addition to requirements for a development agreement; b) they
negotiate and enter into a satisfactory development agreement
with the HRA that meets all requirements of the HRA. Desig-
nation of CCAC and Walker is not to be construed as binding on
the HRA and the HRA may withdraw its designation of CCAC and
Walker at any time; and c) if Walker is not a co-developer of
the site, any new co-developer must be designated by the HRA.
2. It hereby authorizes the HRA staff to negotiate a development
agreement with CeAC and Walker for a portion of Area C of the
Valley Square Redevelopment Area.
ATTEST:
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The motion fo foregoing resolution was seconded by
Commissioner ompson and upon a vote being taken thereon, the following voted
in favor thereof: Bakken, Johnson, Thompson and Stockman; the following were
absent: Russell; 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.