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94-07 HRA Resolutions Log Resolution 94-7 June 14, 1994 e Commissioner Tremere introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING THE ACQUISITION BY PURCHASE OR CONDEMNATION OF CERTAIN REAL PROPERTY FOR THE REDEVELOPMENT OF THE VALLEY SQUARE REDEVELOPMENT AREA - KFC LAND LEASE WHEREAS, the Valley Square Redevelopment Plan as adopted by the Housing and Redevelopment Authority (HRA) in and for the City of Golden Valley in 1978 and amended in 1991 provides for the acquisition of property for redevelopment, and WHEREAS, the KFC has a land lease interest in property purchased by the HRA in 1992; and WHEREAS, the HRA needs to acquire all interest in the property in order to proceed with redevelopment of Area C, bounded by TH. 55, Winnetka Avenue North, Golden Valley Road and Rhode Island Avenue North. NOW, THEREFORE, BE IT RESOLVED by the HRA in and for the City of Golden Va 11 ey that: 1. It is necessary, desirable and in the public interest to promptly acquire the land lease interest in property commonly referred to as KfC, 7600 Olson Memorial Highway, which is legally described in "Exhibit A"; and e 2. The HRA staff and attorney, or such other persons as necessary are hereby authorized and directed to take all necessary steps, including "quick take" procedures under M.S. ~ 117.042, and execute all necessary documents to acquire all interest in such real property; and 3. In the event that the real property described on "Exhibit A" can- not be expeditiously acquired by negotiated purchase, the HRA staff and attorney are authorized and directed to commence condem- nation proceedings, including "quick take" procedures under M.S. ~ 117.042, to acquire such property as soon as reasonably possible; and 4. The acquisition of such real property is necessary and desirable and constitutes a proper and necessary pUblic purpose. ~Ii.~ David A. hampson, Chair ATTEST: e Motion for the ptlon of the foregoing resolution was seconded by Commissioner Russell and upon 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. e e e Resolution 94-7 Exhibit "A" Legal Description - KFC 7600 Olson Memorial Highway, Golden Valley, Minnesota June 14, 1994 Lots 9, 10, 11, 12, 13 and 14, Block 2 Cottage Grove Addition Hennepin County, Minnesota excluding State Highway Right-of-Way