021825 Resolution No. 1498_Penn Station Brownfields Grant
HRA RESOLUTION NO. 1498
RESOLUTION AUTHORIZING JO COMPANIES LLC TO APPLY FOR A GRANT
FROM HENNEPIN COUNTY’S MINNESOTA BROWNFIELDS GAP FINANCING
PROGRAM FUNDED WITH AN ENVIRONMENTAL RESPONSE FUND GRANT
FROM HENNEPIN COUNTY DEPARTMENT OF ENVIRONMENT AND ENERGY
WHEREAS, JO Companies LLC (the “Developer”) is proposing to construct Penn
Station (the “Project”), a development containing 40 units of work force housing on
property owned by the City’s Housing and Redevelopment Authority (the “HRA”) located
at 6501-25 Penn Avenue South (the “Property”); and
WHEREAS, the HRA conducted environmental testing on the Property that
indicates that some environmental contamination is present and needs to be
remediated; and
WHEREAS, on June 17, 2024, the HRA approved a Preliminary Development
Agreement (the “Agreement”) with the Developer to purchase the Property and develop
the Project; and
WHEREAS, the Developer applied for $24,950 in funding through Hennepin
County’s Minnesota Brownfields Gap Financing Program funded with an Environmental
Response Fund grant from Hennepin County Department of Environment and Energy
(the “Program”); and
WHEREAS, the Program’s application requires a resolution from the HRA as
owner of the Property; and
NOW, THEREFORE, BE IT RESOLVED
1. The HRA authorizes JO Companies LLC to apply for funding from the
Minnesota Brownfields Gap Financing Program funded with an
Environmental Response Fund grant from Hennepin County Department
of Environment and Energy.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 18th day of February, 2025.
Erin Vrieze Daniels, Chair
ATTEST:
Sean Hayford Oleary, Secretary