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ECONOMIC DEVELOPMENT AUTHORITY <br />OF THE CITY OF LITTLE CANADA <br />RESOLUTION NO. <br />RESOLUTION INITIATING ACQUISITION <br />WHEREAS, the Economic Development Authority of the City of <br />Little Canada has determined that there is a need for <br />acquisition by the Authority of the property located on the <br />south side of Little Canada Road, east of Rice Street, which <br />property contains 4.92 acres, more or less, which property is <br />also known as the Rutzick property, and which property is <br />legally described as follows: <br />The south 1.65' of the North 1.102.83' of the East <br />208.72' of the West 417.44' of the Northwest '9 of the <br />SW 14 of Section 6, Township 29, Range 22, and all of <br />Lot 4, Block 1, Sherman Oaks Addition according to the <br />plat on file and of record in the Office of the <br />Registrar of Deeds in and for Ramsey County. <br />WHEREAS, it is necessary and in the public interest and <br />will further the Authority's general plan of economic <br />development to acquire fee title to the Rutzick property, and <br />WHEREAS, it may be impossible to acquire said property by <br />purchase or negotiation, and <br />WHEREAS, Minnesota Statutes Chapter 469 and 117 and other <br />authority grant the Economic Development Authority of the City <br />of Little Canada authority to acquire private property for <br />public purposes when necessary, and <br />WHEREAS, said acquisition by the Economic Development <br />Authority of the City of Little Canada shall be subject to and <br />conditioned upon all applicable requirements of the Uniform <br />Relocation Assistance and Real Property Acquisition Policies Act <br />of 1970, Uniform Relocation Act Amendments of 1987, and <br />Minnesota Statutes Section 117.52 <br />NOW THEREFORE BE IT RESOLVED by the Board of Commissioners <br />of the Economic Development Authority of the City of Little <br />Canada that the Executive Director of the Authority or his <br />authorized representative is authorized to commence the <br />necessary steps to acquire fee title to said property by <br />purchase, negotiation, and eminent domain. This grant of <br />1 <br />