HomeMy WebLinkAboutIV.C - HEDRA Resolution No. 2021-09 - Rescinding Land Sale To Miller Electrical - 6-29-21
HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY DAKOTA COUNTY, MINNESOTA
HEDRA RESOLUTION NO. A RESOLUTION TERMINATING AND CANCELLING THE LAND CREDIT SALE TO MILLER ELECTRICAL, LLC
WHEREAS, on April 8, 2021, by and through a simple motion, the Hastings Economic Development and Redevelopment Authority (“HEDRA”) approved the preliminary land credit sale of property legally described as Lot 1, Block 2, HASTINGS INDUSTRIAL PARK NO. 7, Dakota County, Minnesota (PID: 19-32006-02-010) (the “Property”) to Miller Electrical, LLC
(“Developer”); and
WHEREAS, Developer is unable to move forward with development of the Property at this time; and
WHEREAS, the parties mutually desire to terminate and cancel the transfer and conveyance of
the Property from HEDRA to Developer. NOW THEREFORE BE IT RESOLVED by the Board of the Hastings Economic Development and Redevelopment Authority that the preliminary land credit sale of the Property
from HEDRA to Developer is hereby terminated and canceled.
Adopted by the Hastings Economic Development and Redevelopment Authority this 8th day of July, 2021.
Ayes:
Nays: Absent:
Dennis Peine, President
Eric Maass, Secretary