Title
RESOLUTION APPROVING A FIRST AMENDMENT TO THE PROPERTY DEMOLITION AGREEMENT WITH THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY FOR DEMOLITION SERVICES IN CERTAIN WESTERN NEIGHBORHOODS.
Body
CITY PROPOSAL:
RESOLVED, that the proper city official are hereby authorized to enter into a first amendment to the property demolition agreement, substantially in the form attached hereto as Exhibit A, with the Duluth economic development authority (DEDA) extending the term for a period of one year, until December 31, 2020.
Statement of Purpose
STATEMENT OF PURPOSE: In December of 2018, the city and DEDA entered into a Property Demolition Agreement pursuant to which DEDA agreed to reimburse the city for out-of-pocket costs incurred by the city in demolishing certain blighted houses located in western neighborhoods which have been condemned for demolition. The purpose of this resolution is to extend the term of the Agreement for a period of one year, until December 31, 2020, to allow the city to utilize the remaining $11,312 in TIF District 7 funds for demolishing blighted houses in western Duluth.