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EDA RESOLUTION 14-EDA-285 <br /> MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION <br /> APPROVING AN AMENDED AND RESTATED LIMITED USE AGREEMENT <br /> WITH SENIOR PROPERTIES OF MOUNDS VIEW TO USE EDA <br /> PROPERTY AS A CONSTRUCTION STAGING AREA <br /> WHEREAS,the City Council of the City of Mounds View(the"City")has approved various <br /> resolutions in support of a senior living residential development(the"Project")identified as Senior <br /> Properties of Mounds View(hereinafter referred to as "Coventry"); and, <br /> WHEREAS,the Mounds View Economic Development Authority,a public body corporate <br /> and politic (the "EDA") is the owner of vacant property in the City of Mounds View, County of <br /> Ramsey,which is located at: 2390 Highway 10 NE(the"Property"); and <br /> WHEREAS,Coventry previously requested to temporarily use the Property as a construction <br /> staging area for the Project, with the area of the Property to be used by Coventry being depicted on <br /> Exhibit B (the"Limited Use Area")attached to the Agreement as hereinafter defined; and <br /> WHEREAS, the Property is presently vacant and unutilized; and, <br /> WHEREAS, the EDA previously adopted a Limited Use Agreement dated September 1, <br /> 2012,to allow Coventry's use of the EDA's Property for construction staging purposes, subject to <br /> various conditions and compensations set forth in the September 1,2012,Limited Use Agreement; <br /> and <br /> WHEREAS, Coventry has requested that the limited use permitted under the September 1, <br /> 2012 Limited Use Agreement be expanded to include access across the Property,among other uses;and <br /> WHEREAS, the EDA is willing to allow Coventry to use the Limited Use Area subject to <br /> Coventry entering into an Amended and Restated Limited Use Agreement(the"Agreement"); and <br /> WHEREAS,the Agreement has been prepared to allow Coventry's expanded limited use of <br /> the EDA's Property for construction staging purposes, including the expanded use of access across <br /> the Property, subject to various conditions and compensations set forth in the Agreement,which is <br /> attached hereto at Exhibit A and incorporated herein by reference; and <br /> WHEREAS,the September 1,2012,Limited Use Agreement is superseded and replaced by <br /> the Amended and Restated Limited Use Agreement as adopted herein; and <br />