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CITY OF LINO LAKES <br />RESOLUTION NO.22-28 <br />APPROVING AMENDED STIPULATION AGREEMENT FOR NORTHEAST LINO <br />LAKES DRAINAGE AREA IMPROVEMENTS <br />WHEREAS, the City Council authorized staff and City Attorney to make offers on the <br />acquisition of land for the NE Drainage Improvement project on February 25, 2019, and <br />WHEREAS, the City Council authorized acquisition of property by eminent domain on May 28, <br />2019; and <br />WHEREAS, the City filed a Petition in Condemnation in Anoka County District Court, Court <br />File No. 02-CV-19-5586, to acquire property interests over the Property. The District Court <br />granted the Petition. <br />WHEREAS, the City has undertaken a redesign of the Project and Owners have been in <br />discussions that would change the land needed by the City for the redesigned Project. <br />WHEREAS, owners wish to have the City reconvey to them those portions of the Property that <br />were acquired that will not be needed for the Project given the redesign of the Project. <br />WHEREAS, the parties hereto have reached agreement on just compensation due for the revised <br />taking. <br />WHEREAS, all parties to support amendment of the dates within said agreement. <br />NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Lino Lakes: <br />1. That the Settlement Agreement with the Salo/Peltier Lake LLC ownership group are hereby <br />approved and the Mayor and City Clerk are authorized to execute the agreements on behalf <br />of the City. <br />Adopted by the Council of the City of Lino Lakes this 28th day of February, 2022. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />and was duly seconded by Council Member and <br />upon vote being taken thereon, the following voted in favor thereof: <br />The following voted against same: <br />Rob Rafferty, Mayor <br />ATTEST: <br />Julianne Bartell, City Clerk <br />