Title
RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY IN THE FAIRMONT NEIGHBORHOOD FROM THE CITY OF DULUTH
Text
RESOLVED, by the Duluth Economic Development Authority ("DEDA") that the proper DEDA officials are hereby authorized to acquire by quit claim deed real property in the Fairmont Neighborhood described below for the sale price of $1.00, in support of redevelopment activities on the site.
Lots 5 thru 16, Block 5, CLINTON PLACE ADDITION TO DULUTH and
Lots 11 thru 16, Block 3, CLINTON PLACE ADDITION TO DULUTH and
Lots 4 thru 16, Block 2, CLINTON PLACE ADDITION TO DULUTH
St. Louis County, Minnesota.
Statement of Purpose
The purpose of this resolution is to authorize acquisition of real property from the City of Duluth to support redevelopment by private developers. The Minnesota Pollution Control Agency (MPCA) has completed Phase I and Phase II testing, along with a Construction Contingency Plan, to prepare the area for development. The property is located at the 6700 block of Main Street in west Duluth, and it is currently vacant. DEDA will assemble these parcels with adjacent County owned parcels to create a larger development site to market to private developers for a mixed-income, multifamily housing project.