HRA Resolution 1992-04HRA RESOLUTION NO. 92 -4
A RESOLUTION BY THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF MONTICELLO, AUTHORIZING
ACQUISITION FOR FUTURE DISPOSITION AND REDEVELOPMENT
OF LANDS DESCRIBED AS
OUTLOT A, COUNTRY CLI1B MANOR
WHEREAS, the Housing and Redevelopment Authority (the "Authority ")
in and for the City of Monticello, Minnesota shall affirm that the
described raw lands lie within Redevelopment Project No. 1 of the
Modified Central Monticello Redevelopment Plan; and
WHEREAS, both the Housing and Redevelopment Authority in and for
the City of Monticello and County of Wright (the "County ") have
agreed to the terms of the Memorandum of Understanding between the
Housing and Redevelopment Authority and the County of Wright; and
WHEREAS, the Housing and Redevelopment Authority in and for the
City of Monticello shall agree to Four Thousand Three Hundred
Twenty -seven Dollars and Twenty -six Cents ($4,327.26) as the
acquisition price and shall assume responsibility of associated
costs relating to the described raw lands; or
WHEREAS, the Housing and Redevelopment in and for the City of
Monticello shall propose the preparation of an Indemnity Agreement
between the Housing and Redevelopment Authority and the City of
Monticello; and
WHEREAS, the Housing and Redevelopment Authority in and for the
City of Monticello and the City of Monticello (the "City ") shall
agree to the terms of the proposed Indemnity Agreement between the
Housing and Redevelopment Authority and the City of Monticello
relating to the raw lands described as:
Outlot A, Country Club Manor.
NOW, THEREFORE, BE IT RESOLVED by the governing body of the Housing
and Redevelopment Authority in and for the City of Monticello finds
the early acquisition to be in the public interest because:
1. The proposed acquisiton is necessary to carry out public
improvements in the area, or that the acquisition will
contribute to the eliminination of blight or
deterioration within the area or that the acquisition is
necessary to relieve hardship; and
HRA RESOLUTION NO. 92--4
Page 2
2. There is a feasible method for the relocation of families
and individuals to be displaced by the proposed
acquisition.
In Housing and Redevelopment Authority in and for the City of
Monticello, Minnesota, does hereby authorize acquisition for future
disposition and redevelopment of the said described raw lands.
Adopted by the Monticello Housing and Redevelopment Authority this
5th day of August, 1992.
HRA Chc l person
(2
ATTEST:
HRA Executive Director