00-01 HRA Resolution
.
.
.
Resolution 00-01
February 8, 2000
Commissioner Micks introduced the following and moved its adoption:
RESOLUTION CONDITIONALLY DESIGNATING
BRECK SCHOOL
AS DEVELOPER OF A PORTION OF
THE NORTH WIRTH PARKWAY REDEVELOPMENT AREA
WHEREAS, Breck School is interested in developing a portion of the
North Wirth Redevelopment Area by constructing an ice arena ("the project");
and,
WHEREAS, the HRA wishes to conditionally designate Breck School
developer of that part of the North Wirth Redevelopment Area which includes
Outlot D of the North Wirth Parkway 4th Addition, the former Juhl Brokerage site
and the remainder of the property acquired from Georgia Pacific (now Tenneco),
following the construction of Dahlberg Drive; and,
WHEREAS, the designation of the Haugland Company ("Haugland") as
developer of this site terminated on January 7,2000, and subsequent to the
HRA's submission of a draft development agreement to Haugland, the HRA
Director advised Haugland that the HRA would consider designating Breck
School as developer for the property.
NOW, THEREFORE, BE IT RESOLVED, by the HRA as follows:
1. Breck School is hereby conditionally designated developer of that part
of the North Wirth Redevelopment Area which includes Outlot D of the North
Wirth Parkway 4th Addition, the former Juhl Brokerage site and the remainder of
the property acquired from Georgia Pacific (now Tenneco), following construction
of Dahlberg Drive.
2. The HRA understands that Breck School will undertake all planning
and development efforts to construct the project on such property, and Breck
School understands that it will have to meet the requirements of the HRA and
City and that it will enter into a negotiated development agreement with the HRA,
which development agreement shall contain terms satisfactory to the HRA and
Breck School.
3. The designation contained in this resolution is not an offer or an
agreement to sell the development property, or the grant of an option or any
other interest in the development property. The HRA reserves the right to
rescind the designation at any time in its sole and absolute discretion. Subject to
the foregoing, the HRA agrees to commence negotiation of the development
agreement with Breck School until such time as it determines to terminate such
negotiations in its sole and absolute discretion.
.
.
.
Resolution 00-01 (Con't)
Februray 8, 2000
4. This designation is effective as of the date hereof and shall
automatically terminate and be of no force or effect at such time as the
development agreement between Breck School and the HRA is executed by
both parties, or May 14, 2000, whichever occurs earlier.
2..-/
Motion for tha option of the foregoing resolution was seconded by LeSuer; and
upon a vote taken thereon, the following voted in favor thereof: Anderson,
Bakken, Johnson, LeSuer and Micks; and the following voted against the same:
none, whereupon said resolution was declared duly passed and adopted, signed
by the Chair and her signature attested by the Director.