Minneapolis Community Development Agency Board Agenda

Regular Meeting
Friday, August 6, 2004
following 9:30 a.m. City Council Meeting, Room 317 - City Hall, Minneapolis, Minnesota


1. Accept minutes of the regular meeting held July 23, 2004.

Action Taken: Accepted

Forwarded from Operating Committee (07-27-04):

2. Jordan - Vacant Housing Recycling Program:

Action Taken: Adopted

Approve sale of 27ll Newton Av N to The Greater Metropolitan Housing Corporation of the Twin Cities (GMHC) for $19,000 with payment of the purchase price to be paid at the time of the land sale closing. ( Glasper - 673-5221)

3. Franklin Portland Phase III - The Wellstone:

Action Taken: Adopted

Approve the sale of 616 E. Franklin and 620 E. Franklin Av to Central Community Housing Trust of Minneapolis (CCHT) for the Development of Franklin Portland Gateway Phase III - The Wellstone Project. ( Crowther - 673-5263)

Forwarded from City Council Meeting (08-06-04)

4. Newgate Education and Research Center, Inc.:

Action Taken: Adopted

Adopt the attached Resolution giving Preliminary and Final Approval of up to $1,500,000 in Tax-exempt 501 (c)(3) Bank Qualified Direct Revenue Bonds, Series 2004, for Newgate Education and Research Center, Inc. ( Curtis - 673-5069)

5. Bankruptcy Estate of COLO.com, Case No. 01-31262C, U. S. Bankruptcy Court, Northern District of California:

Action Taken: Adopted

Approve settlement of our landlord claim involving the former Sears site and further authorize the City Attorney's Office to execute all documents necessary to finalize the settlement.

Next Operating Committee: Tue, August 10, 2004 following 1:30 p.m. CD Meeting, Room 317 City Hall

Regular Meeting: Fri, August 20, 2004 following 9:30 a.m. City Council, Room 317 City Hall

CPED Board Coordinator phone (612) 673-5136.

Last updated Dec 2, 2011