Title
RESOLUTION AUTHORIZING ACQUISITION OF CERTAIN TAX FORFEITED REAL PROPERTY FROM THE STATE OF MINNESOTA THROUGH ST. LOUIS COUNTY
Body
RESOLVED, by the Duluth Economic Development Authority ("DEDA"), that the proper DEDA officials are hereby authorized to acquire by quit claim deed the below-described tax-forfeited properties from the State of Minnesota through St. Louis County in the amount of $31,600.00, payable from Fund 860-860-8640-5510:
Lots 1 through 16, Block 4, Clinton Place Addition to Duluth, St. Louis County, Minnesota
Lots 1 through 10, Block 3, Clinton Place Addition to Duluth, St. Louis County, Minnesota
Lots 1 and 2, Block 2, Clinton Place Addition to Duluth, St, Louis County, Minnesota
All Except the Railway Right of Way of Lot 3, Block 2, Clinton Place Addition to Duluth, St. Louis County, Minnesota
Statement of Purpose
STATEMENT OF PURPOSE: This resolution authorizes the acquisition of a certain tax-forfeited parcel in the Fairmount neighborhood of Duluth for purposes assembling lots for infill housing development. 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 intended effect is to create new economic opportunity for the construction industry, expand the tax base of existing neighborhoods, create new housing in the city, clean up contaminated land, and repurpose previously developed lands. It is anticipated that additional parcels will be conveyed from the City of Duluth to complete the approximate 5-acre development. Future development partners will reimburse DEDA for the cost of land acquisition.