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6.7. SR 12-21-1998
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6.7. SR 12-21-1998
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12/21/1998
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render their award for the taking of the Real Property described in Exhibits A, B, and C attached <br />hereto, the EDA determines it necessary to proceed without delay under Minn. Stat. § 117.042 to <br />pay the owners or into court a sum of money to secure compensation to the owners of the Real <br />Property, which amount shall be equal to the EDA's approved appraisal value as determined by <br />City staff.. <br /> <br /> 4. The EDA hereby authorizes staff to take all actions necessary for the acquisition of <br /> <br />the Real Property, including the specific authorization to (a) obtain appraisals or minimum <br />damage assessments of the Real Property to be acquired; (b) make written offers to the affected <br />property owners and negotiate such offers to a successful conclusion; (c) acquire the Real <br />Property at the appraised value plus additional damages, if any, as approved by the City <br />Administrator; (d) in circumstances where negotiation proves to be unsuccessful, condemn parcels <br />or portions thereof under the procedures provided for by Minnesota Statutes. <br /> <br /> 5. Staff is further directed and authorized to take all necessary action to implement <br /> <br /> this authorization, including obtaining appraisals of all subject property, entering into contracts, <br /> including redevelopment contracts, and retaining outside counsel to assist in the acquisition of the <br /> Real Property. Any actions previously taken by staff, in this regard are hereby ratified and <br /> affirmed. <br /> <br /> 6. The EDA further authorizes staff, to provide for the demolition of all structures in <br /> <br /> the TIF District following acquisition of the Real Property described on Exhibit A hereto. The <br /> EDA staff, shall provide for all relocation assistance, services, and benefits as required in <br /> <br />Chapter 117 of Minnesota Statutes. <br /> <br />RostoH 979349.1 5 <br /> <br /> <br />
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