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<br />ATTACHMENT A TO RESOLUTION NO. 4608 <br /> <br />. <br /> <br />RELEASE OF IJUlD FROM <br />COR'rRAC~ FOR PRIVATE REDEVELOPMENT <br /> <br />THIS RELEASE IS MADE and given effective this 25th day of _ <br />July , 1994 by and between the City of Mounds View, Minnesota, <br /> <br />a municipal corporation (the "City") and Everest-Development, Ltd. <br /> <br />and Commercial Property Investment, <br /> <br />tnc. , <br /> <br />both Minnesota <br /> <br />corporations (collectively the "Redeveloper"). <br /> <br />RECITALS <br /> <br />FIRST: - The City entered into that certain Contract for <br />Private Redevelopment (the "Contract") dated January 11, 1988 with <br />the Redeveloper for the redevelopment of property located in City <br /> <br />. <br /> <br />of Mounds View, Ramsey County, Minnesota, described in said <br /> <br />Contract (the "Redevelopment Property"). Redeveloper represents <br /> <br />that the Contract has been recorded as Document No. 867972 of the <br /> <br />files of the Registrar of Titles of Ramsey County, Minnesota. <br />SECOND: The City and Redeveloper entered into that certain <br />First Supplement to Contract for Private Redevelopment (the "First <br />Supplement") dated effective November 15, 1989 and registered as <br />Document No. 910171, files of Registrar of Titles. The Redeveloper <br />represents that the First Supplement was joined in by other parties <br /> <br />subsequently acquiring an interest in the Redevelopment Property <br /> <br />and identified <br /> <br />six improved parcels <br /> <br />located within the <br /> <br />Redevelopment Property developed and improved by the Redeveloper <br /> <br />pursuant to the Contract. <br /> <br />. <br /> <br />THIRD: Redeveloper represents that the Redevelopment Property <br />also included all or a portion of property subsequently platted as <br />Outlots A and B, Mounds vie~ Business Park, a portion of which has <br /> <br />Lit' 'd t'2li-~I009SS 'ON /lS:91 'IS/ SS:9[ v6 .12 'LO(DHl) <br /> <br />9t'99 EGG 2[9 1IlVd'1S NYDEOW aNY SDDIHti WOH-ti <br />