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Item No: 7F <br />Movers VIEW Meeting Date: March 24, <br />0714 <br />Type of Business: Business <br />Administrator Review: <br />�ity of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Heidi Heller, Planning Associate <br />Item Title/Subject: Resolution 8231, Approving the Release of <br />Development Agreement No. 01-124 and Resolution <br />5541 B between the City of Mounds View and <br />Minnesota Institute of Public Health <br />Introduction: <br />In April 2001, the City approved a development review for the construction of an office <br />building for the Minnesota Institute of Public Health at 2720 Highway 10. The City required <br />a development agreement with the new construction, which was signed in April 2001, and <br />recorded with Ramsey County. <br />Discussion: <br />The Minnesota Institute of Public Health closed in December 2012 and the building was <br />listed for sale. The property is now in the process of being purchased, and the buyer's <br />attorney has asked the City to officially release the development agreement and resolution <br />as it is somewhat of a "lien" on the property. Staff has reviewed the proposal and feels that <br />the City can comply with this request. There do not appear to be any outstanding issues, <br />and the building has been completed for several years with no problems. <br />Recommendation: <br />Staff is recommending approval of Resolution 8231, a resolution approving the release of <br />Development Agreement No. 01-124 between the City of Mounds View and the Minnesota <br />Institute of Public Health, along with Resolution 5541 B. <br />Respectfully Submitted By; <br />Heidi Heller <br />Planning Associate <br />Attachments: <br />1. Aerial view of 2720 County Road 10 <br />2. Release document for Mayor and City Administrator signature <br />3. Resolution 8231 <br />