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HomeMy WebLinkAboutResolution 7112CITY OF MOUNDS VIEW MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 07-EDA-235 and RESOLUTION 7112 JOINT CITY OF MOUNDS VIEVd AND MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION CONSENTING TO AN ADDITIONAL EXTENSION FOR THE TIME PERIOD TO REMOVE TWO BILLBOARDS WHEREAS, the City of Mowlds View ("the City"), the Motmds View Econonuc Development Authority ("EDA"), Clear Chatmel Outdoor, Inc. ("Clear Chaimel") and Medtronic, Inc. ("Medtronic") have entered into agreements entitled the Acquisition and Relocation Agreement ("the Agreement'') and the Amended atld Restated Contract for Private Redevelopment ("the Conhact"} concerning the removal and possible relocation of four (4) billboards that are or were located on property previously owned by the City and now owned by Medtronic (the "Property"); a11d WHEREAS, pursuant to the Agreement and the Contract, two billboards were requu-ed to be removed and potentially relocated by March 31, 2006, which has already occurred; and two additional billboards are scheduled to be removed no later than March 31, 2007, and thereafter potentially relocated; and WHEREAS, Medtronc and Clear Chamiel requested that the City and EDA consent to an extension for the removal of the two (2) billboards required to be removed fi-orn the PropeiTy by March 31, 2007, because Medtronic and Clear Cham~el are presently negotiating a final resolution as to all billboard issues set forth in the Agreement and the Contract; and WHEREAS, the EDA and the City approved Resolution 07-EDA-231 and Resolution 7048, respectively, on March 26, 2007 wlvch extended the deadline for removal by ninety (90) days, from March 31, 2007 to June 29, 2007; and, WHEREAS, the EDA and the City approved Resolution 07-EDA-234 and Resolution 7109, respectively, on June 25, 2007 which extended the deadline for removal by ten (10) days, from June 29, 2007 to July 9, 2007; and, WHEREAS, the EDA and the City have determined that an additional extension is necessary to ensure all issues are resolved to all parties' satisfaction. NOW, THEREFORE, BE IT RESOLVED by the City Cotulcil ("Cotu7cil") of the City of Mounds View and the Board of Conunissioners of the Mounds View Economic Development AL1t11or1tY ("Conunission"), as follows: 314080v3 SJR MU20530 The Council and the Authority hereby approve and consent to extending the date for removal of the two billboards required to be removed from the Property by July 9, 2007, fora period of fourteen (14) days, until July 23, 2007. 2. No other terms or conditions of the Ab Bement or Contract are intended to be waived or modified by the City or the EDA, except as expressly set forth herein. 3. The Mayor, City Clerk-Admiiistrator, President, Secretary and City and Authority staff are authorized and directed to take ally and all actions necessary or coirvenient and are authorized to execute any required amendments to the Agreement or the Contract necessary to implement this Resolution. 4. The recitals set forth in the preamble to this Resolution acid the Exhibits attached to this Resolution are incorporated into tlis Resolution as if fiilly set forth herein. Approved by the CitS~ Council of the City of Mounds View is 9°i day of July, 2007. Mayor ATTEST: City Ierlc-Adiniiistrator Approved by the Board of Conunissioners of the Mounds View Economic Development Authority tlis 9~' day of July, 2007. P sident ATTEST: Secretary 314080v3 SJR MU205-30 2