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EDA RESOLUTION 10-EDA-259 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br /> <br />AUTHORIZING RAMSEY COUNTY TO CANCEL THE MINIMUM ASSESSMENT <br />AGREEMENT BETWEEN THE MOUNDS VIEW ECONOMIC DEVELOPMENT <br />AUTHORITY (AUTHORITY) AND MOUNDS VIASTA, INC. <br /> <br />WHEREAS, the Authority entered into a development assistance agreement <br />with Mounds Vista, Inc. on October 1, 2001 for the development of certain real property <br />described in exhibit A; and <br /> <br />WHEREAS, the Authority issued bonds conditioned upon establishment of a <br />“minimum assessment agreement” between the Authority and Mounds Vista, Inc.; and <br /> <br />WHEREAS, the Authority authorized redemption of said bonds and thus the <br />“minimum assessment agreement” is no longer necessary and should be cancelled. <br /> <br />NOW THEREFORE, BE IT RESOLVED by the Mounds View Economic <br />Development Authority that Ramsey County is hereby authorized to cancel the “minimum <br />assessment agreement” between the Authority and Mounds Vista, Inc.: <br /> <br />Adopted this 25th day of January, 2010. <br /> <br /> <br /> <br /> ________________________________ <br /> Joe Flaherty, President <br /> <br />ATTEST: <br /> <br /> ________________________________ <br /> Jame Ericson, Executive Director <br /> <br />(SEAL) <br />