2000 HRA Resolution 0783
RESOLUTION NO. 783
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,
on July 17, 2000, the HRA approved a resolution extending the date to
request eminent domain to November 15, 2000; and
WHEREAS,
the Developer either has entered into purchase agreements with
property owners or has requested the HRA to commence eminent domain proceedings for
all of the properties included in the project; and
WHEREAS,
as the project proceeds, it is possible that the Developer may become
aware of other interests (such as leaseholds or interests that cloud title) that can only be
eliminated by eminent domain; and
WHEREAS,
the Developer desires to have additional opportunity to investigate the
status of title to the property, to obtain and examine leases for properties under purchase
agreement, to identify and negotiate with persons who may have property interests in the
properties under purchase agreement; and
WHEREAS,
the HRA has received a request from the Developer to further extend
the date to request eminent domain until January 31, 2001; 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 to January 31, 2001.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 16th day of October, 2000.
________________________
Joan Helmberger, Vice-Chair
ATTEST:
________________________
Mike Sandahl, Secretary