CC PACKET 07281987 - Laserfiche WebLink

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CERTIFICATE OF COMPLETION' ' • WHEREAS, the HOUSING AND REDEVELOPMENT AUTHORITY OF ST. ANTHONY, MINNESOTA, ("Agency") by a deed (the "Deed") recorded in the Office of the County Recorder in and for the County of Hennepin and State of Minnesota, as Document No. 4843259 and in the Office of the Registrar of Titles in and for said County as Document - No. 1546638, has conveyed to ARKAND PARTNERSHIP, a Minnesota general partnership, ("Arkand") certain land in the County of Hennepin and State of Minnesota '(the "Land") ; . WHEREAS, the Land was conveyed by Arkand to META OPERATING LIMITED PARTNERSHIP, an Ohio limited partnership ("Meta") by Warranty Deed dated' .May 1, 1986 and filed in said Recorder's office as Document No. 5107427 and, in said Registrar's office as Document No. 1723046; WHEREAS, the Land has now been subjected to a Condominium Plat known as Kenzington Condominium, Condominium No. 556, Hennepin County, Minnesota (the "Condominium") ; WHEREAS, the Deed contained certain covenants pertaining to a Redevelopment Contract between Agency and Arkand dated May 24, 1983, as amended, ("Agreement") and further provided that breach of the covenants relating to the Agreement by Arkand., its successors and assigns, would result in the reversion of title to the Land described in the Deed to Agency, its successors and assigns; • WHEREAS, all of said covenants and conditions under the Agreement as they relate to the portions of the Land described below have been fully and duly performed. NOW, THEREFORE, it is hereby certified that all requirements of Arkand and Meta, as its. assign, under the Agreement referred to in the Deed with respect to these portions of the Land, legally described as follows: see Exhibit A attached hereto and made a part hereof, (said property called the "Released Land"), have been completed and duly and fully performed, and the provisions for for- feiture of title and right to re-entry for breach of condition subsequent by Agency are hereby released absolutely and forever as it respects the Land and the Released Land, this instrument to be conclusive evidence of the satisfactory .termination of the covenants of the Agreement as they relate to the Land and the Released Land, but nothing herein is to be construed as releasing the restrictions, covenants and conditions which are attached as Exhibit 2 to the Deed; ("Covenants"), which Covenants remain in full force and effect. HOUSING AND REDEVELOPMENT AUTHORITY OF ST. ANTHONY, MINNESOTA Dated: July , 1987 By: Its: Chairman • Dated: July , 1987 By Its: Secretary