94-06 HRA Resolutions Log
Resolution 94-6
May 10, 1994
Commissioner Tremere introduced the following resolution and moved its adoption:
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RESOLUTION EXTENDING THE CONDITIONAL DESIGNATION OF ME PC AMERICAN
PROPERTIES, INC. AS DEVELOPER OF THE AREA WEST OF XENIA AVENUE
IN THE GOLDEN HILLS REDEVELOPMENT AREA
WHEREAS, the HRA in and for the City of Golden Valley (hereinafter "HRA")
and the City Council for the City of Golden Valley (hereinafter "City") have
approved the Golden Hills Redevelopment Plan as amended;
WHEREAS, the HRA conditionally designated MEPC American Properties, Inc.
(hereinafter "MEPC") as developer of a portion of the Golden Hills Redevelopment
Area west of Xenia Avenue (the "West Area") in Resolution 92-8 adopted December
8, 1992; and
WHEREAS, ongoing environmental studies have delayed development of the
West Area; and
WHEREAS, MEPC desires to extend its designation in order to continue deve-
lopment activities in the area.
NOW, THEREFORE, BE IT RESOLVED, by the HRA as follows:
1. MEPC's conditional designation as developer of the area west of
Xenia Avenue in the Golden Hills Redevelopment Ares is extended
until June 30, 1995.
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2. MEPC will undertake planning, marketing, and development efforts;
all of MEPC's plans will meet all requirements of the HRA and the
City including but not limited to all building, zoning and
planned unit development requirements; and, MEPC understands that
any development requires a negotiated development agreement
between the HRA and the developer which agreement shall contain
terms satisfactory to the HRA and MEPC.
3. The conditional designation is not to be construed as contrac-
tually binding on the HRA, but is a statement of the HRA's com-
mitment to work in good faith with MEPC during this period unless
MEPC fails to diligently pursue redevelopment efforts.
~. A. ~r_~~
David . Thompson, Chalr
.
Motion for the a option of the foregoing resolution was seconded by Commissioner
Johnson and up a vote being taken thereon, the following voted in favor
thereof: Johnson, Micks, Russell, Thompson and Tremere; and the following voted
against the same: none, whereupon said resolution was declared duly passed and
adopted, signed by the Mayor and his signature attested by the Director.