HomeMy WebLinkAboutIV.A. HEDRA Resolution No. 2021-19 - Authorize Signature for Purchase Agreement For PID 19-32150-28-020 and PID 19-32150-28-0211
HASTINGS ECONOMIC DEVELOPMENT AND REDEVELOPMENT AUTHORITY
DAKOTA COUNTY, MINNESOTA
HEDRA RESOLUTION NO. 2021-19
A RESOLUTION AUTHORIZING SIGNATURE FOR PURCHASE AGREEMENT FOR
PID 19-32150-28-020 AND PID 19-32150-28-021
WHEREAS, the Hastings Economic Development and Redevelopment Authority
(“HEDRA”) desires to purchase property legally described as follows:
Parcel 1:
The South 33 feet of Lot One (1) and the South 33 feet of the East Half of Lot Two (2), Block
Twenty-eight (28), Town of Hastings
Parcel 2:
The South Twenty-one and one-fifth (21 1/5) feet of the North 107 feet of the East 99 feet of
Lots One (1) and Two (2), Block Twenty-eight (28), Town of Hastings, Dakota County,
Minnesota.
Abstract Property
PIDs: 19-32150-28-020 and 19-32150-28-021
(the “Property”) for redevelopment purposes; and
WHEREAS, through the adopted Vermillion Street Corridor Study, the City Council and
HEDRA have identified opportunity sites for redevelopment and the Property to be purchased is
within an opportunity site; and
WHEREAS, the Purchase Agreement describes and articulates the sale of the Property
and that HEDRA approves of these terms of the purchase; and
NOW THEREFORE BE IT RESOLVED by the Board of the Hastings Economic
Development and Redevelopment Authority as follows:
1. The purchase of the Property by HEDRA is in the public interest of the City and its
people, furthers its general plan of economic development and furthers the aims and
purposes of Minn. Stat. Sections 469.090 to 469.108; and the appropriate officials are
authorized to take such action so as to effectuate such sale.
2. HEDRA approves the Purchase Agreement, subject to minor modification as approved
by the City Attorney and the appropriate officials are authorized to take such action as
to effectuate its execution and implementation.
2
Adopted by the Hastings Economic Development and Redevelopment Authority this 10th day of
November, 2021.
Ayes:
Nays:
Absent:
Dennis Peine, President
Eric Maass, Secretary
I HEREBY CERTIFY that the above is a true and correct copy of resolution presented to and
adopted by the Hastings Economic Development and Redevelopment Authority, County of
Dakota, Minnesota, on the 10th day of November, 2021, as disclosed by the records of the City of
Hastings on file and of record in the office.
Eric Maass, Secretary
This instrument drafted by:
Korine L. Land, #262432
LeVander, Gillen, & Miller, P.A.
633 South Concord Street, Suite 400
South St. Paul, MN 55075
(651) 451-1831