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CITY OF LAKE ELMO <br />WASHINGTON COUNTY <br />STATE OF MINNESOTA <br />A RESOLUTIONAPPROVING THE, PURCHASE OF, OUTLOTF, ST CROLVS SANCTUARY <br />AND APPROVING THE MEMORAND UM OF, UNDERSTANDING BETWEEN THE CITY AND <br />THE SANCTUAR Y OF LAKE ELMO HOMEOWNERS ASSOCIA TION REGARDBVG THE, <br />CONVEYANCE THEREOF <br />WHEREAS, in 2005, the plat of "St. Croix's Sanctuary" was approved by the City and <br />recorded in Washington County, Minnesota (the "Subdivision"); and <br />WHEREAS, the Subdivision consists of numerous residential lots and outlots; and <br />WHEREAS, Outlot F of the Subdivision contains the conuminity septic system for the <br />residential lots of the Subdivision and all homes within the Subdivision use the system; and <br />WHEREAS, Outlot F of the Subdivision ("Outlot F") was owned by Sanctuary LLC which <br />was operated by Case Arkel, the original developer of the Subdivision; and <br />WHEREAS, Outlot F was not conveyed by Sanctuary LLC to Sanctuary of Lake Elmo <br />Homeowners Association CSanctuary HOA") and eventually went into tax forfeiture; and <br />WHEREAS, Outlot F will be auctioned off by Washington County unless the City is able to <br />purchase Outlot F prior to it being sold to the public; and <br />WHEREAS, Sanctuary HOA has requested that the City purchase Outlot F from Washington <br />County and then convey it to Sanctuary HOA; and <br />WHEREAS, a portion of Outlot F will be needed'by the City in the future for right-of-way <br />purposes; and <br />WHEREAS, the City is willing to purchase Outlot F and convey it to Sanctuary HOA <br />provided that Sanctuary HOA enter into a memorandum of understanding regarding the conveyance <br />of Outlot F by the City to the HOA and the reconveyance of a portion of Outlot F by Sanctuary HOA <br />to the City in the event that it is needed for right-of-way purposes; and <br />1 The Memorandum of Understanding between the City and Sanctuary HOA is hereby <br />approved. <br />1 Upon execution of the Memorandum of Understanding by both parties, the City will <br />purchase Outlot F from Washington County and pay any fees associated with the <br />537226A SJS LAS15-44 <br />