2000 HRA Resolution 0772
HRA RESOLUTION NO. 772
RESOLUTION CONSENTING TO TIME EXTENSION TO REQUEST
EMINENT DOMAIN PROCEEDINGS
WHEREAS,
the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (the "HRA") and Best Buy Co., Inc., ("Developer") did on or about
March 20, 2000 enter into an agreement entitled Contract for Private Development
("Contract") providing for the development of land within the City of Richfield subject to all
the terms and conditions contained in the Contract; and
WHEREAS,
the Contract provides for the exercise by the HRA of its power of
eminent domain upon a qualifying request by the Developer; and
WHEREAS,
Section 3.2. Subd. 1 of the Contract provides that such request is to be
made not later that 120 days following the execution of the Contract unless extended by
the parties; and
WHEREAS,
the HRA has received a request from the Developer to extend the date
to request eminent domain by 120 additional days; and
WHEREAS,
the HRA has considered the request and the recommendation of its
staff.
NOW THEREFORE, BE IT RESOLVED
by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota that the time period for requesting
eminent domain is extended by 120 additional days.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 17th day of July, 2000.
________________________
Thomas E. Harms, Chairperson
ATTEST:
________________________
Michael Sandahl, Secretary