2004 HRA RESOLUTION 04-09
Resolution 04-09
July 13, 2004
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Commissioner Freiberg introduced the following and moved its adoption:
RESOLUTION EXTENDING THE CONDITIONAL DESIGNATION
OF DAVID WEBB AS DEVELOPER OF A PORTION OF
THE GOLDEN HILLS REDEVELOPMENT AREA
(1201 SouthTurner's Crossroad and the
MnDOT Parcel East of the Golden Hills Shopping Center)
WHEREAS, the Golden Valley Housing and Redevelopment Authority
(HRA) previously adopted Resolution 04-03, Conditionally Designating David
Webb As Developer Of A Portion Of The Golden Hills Redevelopment Area
(1201 South Turner's Crossroad and the MnDOT Parcel East of the Golden Hills
Shopping Center); and
WHEREAS, the effective date of that designation ends as of September 1,
2004; and
WHEREAS, David Webb has presented a plan of the preliminary steps
which need to be accomplished in order to enter into negotiations for the
purchase of the designated properties; and
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WHEREAS, the accomplishment of these steps cannot reasonably occur
by September 1, 2004.
NOW, THEREFORE, BE IT RESOLVED, by the HRA as follows:
1. The conditional designation of David Webb as developer of the HRA
parcel at 1201 Turner's Crossroad and the MnDOT parcel east of the Golden
Hills Shopping Center as established in Resolution 04-03 is hereby extended.
2. The HRA understands that David Webb will undertake all planning and
development efforts necessary to combine these parcels with the Golden Hills
Shopping Center parcel and construct a project on the combined property and
that if such efforts meet the requirements of the HRA and City, Webb will enter
into a negotiated development agreement with the HRA, which development
agreement shall contain terms satisfactory to the HRA and Webb.
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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 continue to discuss the development with
Webb until such time as the HRA determines to terminate such discussions in its
sole and absolute discretion.
4. No zoning consideration such as a change in zoning, PUD
classification or variances are granted or implied by this action.
Resolution 04-09 (Con't.)
July 13, 2004
. 5. 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 Webb and the HRA is executed by all parties,
or October 31,2004, whichever occurs earlier.
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Scott Grayson, Chair
ATTEST:
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Thomas D. Burt Ir ctor
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Motion for the adoption of the foregoing resolution was seconded by
Commissioner Shaffer, and upon a vote taken thereon, the following voted in
favor thereof: Freiberg, Loomis, Shaffer and Tremere; the following was absent:
Grayson; 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.
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