Item Description:
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Authorize transfer of surplus properties located at 3200 Queen Ave N, 3211 Penn Ave N, and 3206 Penn Ave N in Mpls to the HCHRA
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Resolution:
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BE IT RESOLVED, that the Hennepin County Board of Commissioners authorizes a transfer of surplus properties located at 3200 Queen Avenue North (PID: 080-29-24-14-0204), 3211 Penn Avenue North (PID: 080-29-24-14-0205), and 3206 Penn Avenue North (PID: 090-29-24-23-0224), within the City of Minneapolis, to the Hennepin County Housing and Redevelopment Authority (HCHRA) for the purpose of affordable housing with ground floor active or commercial uses; that following review and approval by the County Attorney's Office, the Chair of the Board be authorized to sign all required documents on behalf of the county; that upon sale of the property, the HCHRA provides Hennepin County with the sales proceeds excluding holding and transaction costs; and that the Controller be authorized to accept and disburse funds as directed.
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Background:
Resolution 99-12-958 designated Lowry Avenue (County State Aid Highway 153) as a Hennepin County Community Works Project. This Community Works project was an initiative of Hennepin County, the City of Minneapolis, the adjacent neighborhood, the Minneapolis Park and Recreation Board and the Minneapolis School Board and provided for the reconstruction and redevelopment of Lowry Avenue between Victory Memorial Parkway and Interstate 94. The Lowry Avenue Corridor Plan, approved by Minneapolis City Council in July 2002, identified strategies to revitalize Lowry Avenue, including reconstruction of the roadway, consolidation of retail and services into transit-oriented nodes, and redevelopment of properties along the corridor. Resolution 04-3-120 authorized property acquisition by direct purchase or condemnation, including relocation expenses and removal of structures on properties required for reconstruction and redevelopment of the Lowry Avenue Corridor Project.
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