1997-022
CITY OF HOPKINS
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 97-22
A RESOLUTION APPROVING THE CONVEYANCE OF REAL PROPERTY TO THE
HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE
CITY OF HOPKINS
WHEREAS, the City of Hopkins (the "City") holds fee title to certain real property located
at the northeast comer of Eighth Avenue and Mainstreet in the City of Hopkins, Hennepin County,
Minnesota, legally described in Exhibit A attached to and incorporated in this Resolution (said real
property being hereinafter referred to as the "Property"). The Property is adjacent to other real
property (the "HRA Property") owned by the Housing and Redevelopment Authority in and for the
City of Hopkins (the "HRA.").
WHEREAS, the HRA. has entered into a Purchase and Development Agreement dated
February 12, 1997 (the "Development Agreement") with Jeff L. Kakach (the "Redeveloper")
whereby the HRA. has agreed to transfer the Property and the HRA. Property to the Redeveloper for
the purpose of redevelopment. The City intends to transfer the Property to the HRA. for no
consideration for the purpose of facilitating the redevelopment of the Property and the HRA. Property
by the Developer.
WHEREAS, the City Council of the City of Hopkins makes the following Findings of Fact
regarding the transfer of the Property to the HRA.:
1. The conveyance of the Property to the HRA. will serve the purpose of aiding and
cooperating in the planning, undertaking, construction. or operation of a project of the HRA.. namely
the redevelopment of the Property and the HRA Property in accordance with the Development
Agreement.
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2. It is in the interest of the City to transfer the Property to the HRA. without
consideration for th.~ purpose of the aiding such HRA project.
3. The proposed conveyance of the Property to the HRA has no relationship to the City's
Comprehensive Plan and, thus, requires no prior approval by the Zoning and Planning Commission.
NOW, THEREFORE, based upon the foregoing Resolutions and Findings of Fact, it is
hereby resolved by the City Council of the City of Hopkins that the Property described in Exhibit
A attached to this Resolution be transferred to the HRA without consideration, and the Mayor and
City Clerk are hereby authorized, directed and empowered to execute and deliver all documents
required to transfer the Property to the HRA..
Adopted this /!ft day of
of the City of Hopkins, Minnesota.
/tpr/!
, 1997 by the City Council
Attest:
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