BY COUNCILOR GILBERT:
the proper city officials are hereby authorized to accept the free conveyance
of the following-described property in St. Louis County, Minnesota, from
the Duluth economic development authority (DEDA) subject to the conditions
of DEDA Resolution No. 04D-40 adopted April 19, 2004, filed as Public
Document No. ___________:
STATEMENT OF PURPOSE: The purpose of this resolution is to complete effectuation of land packaging of the Box Factory located at 4904 Recycle Way so that it may be marketed for development. DEDA acquired a portion of the Box Factory site from the state of Minnesota through the St. Louis County land department at no cost. The city also owns a portion of the site and, using block grant program funding, has since demolished the building and cleared the nonresidential site for development. The city has hired Messina and Associates Realty to market the property.