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<br />'" <br /> <br />. <br /> <br />. t; <br /> <br />'.. <br />r" ~ <br /> <br />,~ <br /> <br />RESOLUTION NO. 89- 9 6 <br />- <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AUTHORIZING THE SALE OF PROPERTY IN TAX <br />INCREMENT FINANCING DISTRICT NO. 6 TO OPUS CORPORATION. <br /> <br />WHEREAS, on December 22, 1981, the City Council established <br />Development District No. 1 and set forth public purposes and objectives <br />for this District; and <br /> <br />WHEREAS, on April 26, 1985, the City Council expanded <br />Development District No. 1 to include the property described in Exhibit <br />A; and <br /> <br />WHEREAS, on April 26, 1985, the New Brighton City Council <br />established Tax Increment Financing District No. 6 which includes the <br />property described in Exhibit A; and <br /> <br />WHEREAS, on July 13, 1989, the City of New Brighton and Opus <br />Corporation executed a development agreement for an office project on <br />the property described in Exhibit A. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF NEW BRIGHTON AS FOLLOWS: <br /> <br />1. The property described in Exhibit A is hereby authorized to be <br />sold to Opus Corporation in accordance with the development <br />agreement between the City and Opus Corporation. <br /> <br />Adopted this 25th day of July, 1989. <br /> <br />~. <br />Robert Benk ayor <br /> <br />---... - ~ <br /> <br />- - <br />'~- ~'f,TEST:- <br /> <br />~ nr\ C'fA'!')!\" <br />. I' \,V~UL<-~ <br />David M. Childs, City Manager <br /> <br />~ - <br /> <br /> <br />~ ~-- .- <br /> <br />::Marga-retz; <br />Finance-Dir-eCtor I City Clerk <br /> <br />(SEAL) <br />