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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 Councilmember <br /> Ruhland and was duly seconded by Councilmember Lyden and upon vote being taken <br /> thereon,the following voted in favor thereof. Ruhlad,Lyden, Cavegn,Rafferty <br /> The following voted against same: None (Absent- Stoesz) <br /> ATTEST: Ro Rafferty,Mayor <br /> Ju i-arnie Bartell, Ciq Clerk <br />