04-13-1998 EDA - Laserfiche WebLink

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470 Pilisbury Center Kennedy zoo Snuch Sixth Street Minneapolis MN 55402 EXHIBIT B (612)337-9300 telephone Craven (612)337-9310 fax W a R T E R co a-mail actpsekennedy-graven.com SCOTT 3.Riess Attorney 1-111-75Fir—il)I Direct 1i:1(612)337-9260 e-mail.sngg ekmnedygnvca.ecm 1111 APR O 6 1998 April 6. 1998 6y VIA FACSIMILE AND REGULAR MAIL Mr. Steve Dorgan City of Mounds View 2401 Highway 10 Mounds view, MN 55112 RE: Preferred Builders. Inc Purchase and Redevelopment Agreement Revisions Dear Steve: I am writing in reference to the above-noted matter and with a suggested course of action to rectify some legal description and easement grant discrepancies. In order to resolve this matter, the following corrective measures should be taken as soon as possible: either amend the legal description to be conveyed (including a retained easement road right-of-way) or process a minor subdivision/lot split for the parceL In addition, a new document should be executed as to the utility easement which was previously attempted to be granted by the EDA to the City. Such utility easement must now be granted by Preferred Builders, Inc. to the City. Thus, in order to allow Preferred Builders, Inc. to quickly obtain a building permit for the Property. I recommend that the following amendments/acts be completed to resolve this matter: 1. Amendment of the Purchase and Redevelopment Agreement as to: a. the legal description revision for the Property: the West 218 feet of the entire 103 feet of Lot 34, rather than the North 53 feet of Lot 3d: and b. the required granting of the roadway and utility easement by Preferred Builders, Inc. as noted in Paragraph No. 2 below; and c. the required granting of the utility easement by Preferred Builders. Inc. as noted in Paragraph No. 3 below. 2. The granting of roadway and utility easement by Preferred Builders, Inc. over the y7g14107A 1417205-q 6117—d EO/ZO'd P1B-1 111FRJ7c710