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<br />RESOLUTION NO. 2556
<br />
<br />STATE OF MINNESOTA
<br />COUNTY OF RAMSEY
<br />CITY OFNE~1 BfI GHTON
<br />
<br />
<br />ItE:SOLUTION AUTHORIZING CI'I'Y MANAGER; TO CLOSE CHECKING AND SAVINGS
<br />ACCOUNTS OF THE HOUSING AND REDEVELOPMENT AUTHORITY IN NE:iq BRIGHTO ,
<br />lvIINNESOTA
<br />
<br />WITNESSETH:
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<br />WHEREAS, the New Brighton City Council (hereinafter called
<br />the "Council") pursuant to .the prov~sions of Minnesota Statutes ,
<br />Section 462.545, Subdivision 7, det.rmined that there no longer
<br />existed a need for the Ifousing and Redevelopment Authority
<br />pursuant to the provisions of Minne~ota Statutes, Section 462.411,
<br />et seq; and
<br />
<br />WHEREAS, on the 22nd day of December , 1981, by its
<br />Resolution No. 2543, the Council aissolved the Housing and
<br />Redevelopment Authority in the City of New Brighton, Minnesota;
<br />and
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<br />I miEREAS, the Council now desire~ to close all checking and
<br />savings accounts in the name of sai~ Uousingand Redevelopment
<br />Authority in the City of New Brightpn, r.1innesota and to transfer
<br />those assets to the City of New Brighton ahd further to cause the
<br />title to all real property held in the name. of the Housing and
<br />Redevelopment Authority inthe.CitYi of Ne~N Brighton, Minnesota, to
<br />transfer to the City of New Brightoh for the purposes set forth
<br />in Minnesota Statu.tes, Se.otio!} 462 .~45, Su.bdivision 7' thereof.
<br />.,
<br />NOW, THEREFORE, BE IT RESOLVED by the Council of the City of
<br />New Brighton, Ramsey County, Minnesrta:
<br />
<br />1. T:ild.t the City Manager and t~e Development District Direc-
<br />tor be, and hereby are, authorized to initiate such
<br />proceedings and to execute f6uch documents on behalf of the
<br />City of New Brighton as wil~ cause the transfer of all
<br />real and personal assets of the Housing and Redevelopment
<br />Authority in the City of New Brighton, Minnesota to the
<br />City of New Brighton, inclu6ing, but not limited to,
<br />checking accounts, savings flccounts, certificates of
<br />deposit whether with or witJ10ut penalty imposed, and the
<br />transfer of title to real pft"operty.
<br />
<br />. Adopted this
<br />
<br />26th day of January,! 1982.
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<br />Grego: B Hareus, flayor
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<br />ATTEST:
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