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CR 98-33 Purchase Of Parking Lot 500AFebruary 23, 1998 Proposed Action Staff recommends adoption of the following motion: Move to approve Resolution 98 -11, approving the purchase of Parking Lot 500A by the City of Hopkins from the Hopkins Housing and Redevelopment Authority and authorizing execution of the necessary documents. Overview PURCHASE OF PARKING LOT 500A The Hopkins Housing and Redevelopment Authority has purchased a number of properties over the years for various redevelopment purposes. A number of these properties are either being retained by the BRA for redevelopment or being utilized by the City of Hopkins for miscellaneous public purposes. A property which is presently being utilized by the City for public activities is as follows: • Property A: Parking Lot 500A, north of Boston Garden Restaurant Because this property is being used for City- oriented activities, it makes sense to have it in the ownership of the City. A public hearing on this item was held November 18, 1997, but no action was taken at that meeting. Primary Issues to Consider • What are the specifics of this action? • What is the purpose for undertaking this action? Supporting Documents • Resolution 98 -11 • Letter from Bradley & Deike • Location map S 1,e . /`Jim Kerrigan ��1��t vwvv ! Planning & Economic Development Director Council Report 98 -33 Primary Issues to Consider • What are the specifics of this action? This action will give the City ownership of property that it is presently utilizing for public purposes. The purchase price to be paid by the City for the subject property is being proposed as follows: •Property A: $1 •What is the purpose for undertaking this action? •To legitimize the City's use of the subject property •To address staff concems regarding liability insurance issues Alternatives The BIRA has the following alternatives regarding this matter: 1. Approve the action as recommended by staff. 2. Continue for further information. There is no immediacy to a specific action. 3. Deny the action as recommended by staff. The major concern staff has regarding this action is that there could potentially be insurance issues at some future date should there by any claims relating to this property. CITY OF HOPKINS, MINNESOTA RESOLUTION NO. 98-11 AUTHORIZING PURCHASE OF PARKING LOT 500A WHEREAS, the Hopkins Housing and Redevelopment Authority has developed Parking Lot 500A on 1 lth Avenue north of Mainstreet (located north of the Boston Garden Restaurant) as a public parking lot for downtown shoppers, visitors and employees; and WHEREAS, once public use of a facility is established it is often advantageous for the facility to come under the ownership of the City of Hopkins for insurance and other reasons; and WHEREAS, the Hopkins Housing and Redevelopment Authority has agreed to sell Parking Lot 500A to the City of Hopkins for one dollar, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF HOPKINS (THE "CITY") AS FOLLOWS: 1. The City Council of the City of Hopkins hereby agrees to purchase Parking Lot 500A from the Hopkins Housing and Redevelopment Authority for the sum of one dollar. 2. The Mayor and City Manager are authorized to execute such documents as may be required for the purchase of Parking Lot 500A from the Hopkins Housing and Redevelopment Authority. Approved by the City Council of the City of Hopkins this day of March, 1998. Attest: Terry Obermaier, City Clerk CITY OF HOPKINS, MINNESOTA Charles D. Redepenning, Mayor Ul l - 4d - 1' ( 1 4; JJ • BRADLEY &DEIKE,RA. Attorneys At Law SUITE 300.5100 EDEN AVENUE EDINA, MINNESOTA 55436 -2337 Mr. Jim Kerrigan City of Hopkins 1010 First Street So. Hopkins, MN 55343 Re: Transfer-of 11RA Land Dear Jim: This is written to confirm our conversation regarding the legal authority of the Hopkins Housing and Redevelopment Authority (the "KRA ") to transfer certain land owned by it to the City of Hopkins. Section 469.029, subdivision 1, of the Act provides that, "In accordance with a redevelopment plan, an authority may make any of its land in a redevelopment project available for use by private individuals, firms, corporations, partnerships, insurance companies, or other private interests, or by public agencies, by sale, lease, or otherwise, or the authority itself may retain property for redevelopment by it." Subdivision 3 of Section. 469.029 also provides that after property in a redevelopment project has been assembled by . an authority, the authority may transfer by deed to local public bodies properties which in accordance with a redevelopment plan are to be devoted to public uses, other than public housing or redevelopment purposes. Therefore, the HRA has the authority to transfer the parcels to the City for public purposes. Property transferred under subdivision 3 of Section 469,029 may be transferred by gift or at a price agreed upon between the authority and the public body. The only instance in which the statute requires a reimbursement to the redevelopment project fund is in the case of a transfer to a public low -rent housing project. In that case an authority must reimburse the fund for the fair use value of the property transferred. The HRA may, then, require the City to pay any amount for such properties that the. HRA feels is appropriate. Given the circumstances, I believe that your proposal to have the HRA transfer the property to the City for a nominal cost would be justifiable. Please let me know if you have any questions about this letter or if you need further assistance on this matter. Sincerely, Robert J. Deike DKNULC h LC ■ , . -1. 01c 'co 43 f . OG/ GJ October 28, 1997 PATRICK J. BRADLEY ROBERT J. DEIKE STEPHEN J. WONTOR CAROL M. 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