04-0161R

RESOLUTION APPROVING DEDA RESOLUTION 04D-15 AUTHORIZING THE PURCHASE OF CERTAIN TAX-FORFEIT PROPERTY FROM THE STATE OF MINNESOTA THROUGH ST. LOUIS COUNTY.

BY COUNCILOR GILBERT:

RESOLVED, that pursuant to the requirements of Resolution Nos. 99-0239 and 02-0606, the Duluth economic development authority's (DEDA) purchase of certain tax-forfeit property located in Gary New Duluth from the state of Minnesota through St. Louis County for the sum of $61,108, plus related fees in the amount of $2,359.89 for a total amount not to exceed $63,467.89, payable from DEDA Fund 0860, payable from Fund 0860, approved at its meeting of February 17, 2004, pursuant to DEDA Resolution No. 04D-15, a copy of which is on file in the office of the city clerk as Public Document No. _________, is hereby approved.


STATEMENT OF PURPOSE:  The purpose of this resolution is to approve the action of the DEDA board of commissioners pursuant to its Resolution 04D-15 as is required by Resolution Nos. 99-0239 and 02-0606.

The nature and purpose of the purchase together with the amount to be paid are set forth in DEDA Resolution No. 04D-15 and its statement of purpose.