Agenda Packets - 2014/03/24 - Laserfiche WebLink

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RESOLUTION NO. 8231 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION APPROVING THE RELEASE OF RESOLUTION 55418 AND DEVELOPMENT AGREEMENT NO. 01-124 BETWEEN THE CITY OF MOUNDS VIEW AND MINNESOTA INSTITUTE OF PUBLIC HEALTH WHEREAS, the City Council approved Resolution 5541 B on April 2, 2001, approving a Development Review for the Minnesota Institute of Public Health to construct a new office building at 2720 Highway 10; and, WHEREAS, Resolution 5541 B stipulates that the Minnesota Institute of Public Health (the "Developer") enter into a Development Agreement with the City to ensure the orderly development of the Property; and, WHEREAS, the Development Agreementwas signed by the City and the Developer on April 18, 2001 and recorded with the Office of the Ramsey County Recorder on April 26, 2001 as document No. 3387191; and, WHEREAS, Resolution 5541 B was approved on April 2, 2001, and recorded with the Office of the Ramsey County Recorder on June 1, 2001 as Document No. 3393889; and, WHEREAS, the building construction and requirements of Resolution 5541B and Development Agreement No. 01-124 have been completed to the City's satisfaction; and, WHEREAS, the property is being sold and the buyer has requested that the City approve the official release of Development Agreement No. 01-124, along with Resolution 5541 B. NOW THEREFORE BE IT RESOLVED that the Mounds View City Council approves the release of Development Agreement No. 01-124 between the City of Mounds View and Minnesota Institute of Public Health, and Resolution 5541B. Adopted this 24th day of March, 2014 Joe Flaherty, Mayor ATTEST: James Ericson, City Administrator (SEAL)