00-06 HRA Resolution
.
.
.
Resolution 00-06
June 12, 2000
Commissioner Anderson introduced the following and moved its adoption:
RESOLUTION CONDITIONALLY DESIGNATING
JON HEIDINGER AND RAY COLLINGS,
AS INDIVIDUALS,
AS DEVELOPERS OF A PORTION OF
THE NORTH WIRTH PARKWAY REDEVELOPMENT AREA
(Lot 1, Block 1, North Wirth Parkway 4th Addition)
WHEREAS, Jon Heidinger and Ray Collings, as individuals, are interested
in developing a portion of the North Wirth Parkway Redevelopment Area by
constructing an office/warehouse facility of approximately 40,000 square feet
("the project"); and
WHEREAS, the HRA wishes to conditionally designate Jon Heidinger and
Ray Collings, as individuals, developers of that part of the North Wirth Parkway
Redevelopment Area legally described as Lot, 1, Block 1, North Wirth Parkway
4th Addition.
NOW, THEREFORE, BE IT RESOLVED, by the HRA as follows:
1. Jon Heidinger and Ray Collings, as individuals, are hereby
conditionally designated developers of that part of the North Wirth Parkway
Redevelopment Area legally described as Lot 1, Block 1, North Wirth Parkway 4th
Addition.
2. The HRA understands that Jon Heidinger and Ray Collings will
undertake all planning and development efforts to construct the project on such
property, and Jon Heidinger and Ray Collings understand that they will have to
meet the requirements of the HRA and City and that they will enter into a
negotiated development agreement with the HRA, which development
agreement shall contain terms satisfactory to the HRA and Jon Heidinger and
Ray Collings.
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 Jon Heidinger and Ray Collings until such time as they
determine to terminate such negotiations in their sole and absolute discretion.
.
.
.
Resolution 00-06 (Con't)
June 12, 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 Jon Heidinger and Ray Collings, as
individuals, and the HRA is executed by all parties, or October 1, 2000 whichever
occurs earlier.
Motion for the adoption of the foregoing resolution was seconded by Micks; 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.