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HomeMy WebLinkAboutCC RES 05-088 RESOLUTION RELATING TO APPROVAL OF THE PHASE II REDEVELOPMENT AGREEMENT Meeting Sheet IIIIII VIII VIII VIII VIII VIII IIII IIII 104328 Box: 31 Folder: RES 2005 Document: CC RES 05-088 RESOLUTION RELATING TO APPROVAL OF THE PHASE II REDEVELOPMENT AGREEMENT • CITY OF ST.ANTHONY RESOLUTION NO. 05-088 RESOLUTION RELATING TO APPROVAL OF THE PHASE II REDEVELOPMENT AGREEMENT WHEREAS,the City of St. Anthony(the"City")and the St. Anthony Housing and Redevelopment Authority(the"Authority")entered into a Redevelopment Agreement,dated December 19, 2003,regarding an area located in the northwest portion of the City(as amended, the"Redevelopment Agreement'); and WHERAS,under Article VIII of the Redevelopment Agreement, the Parties agreed to negotiate and enter into a Phase II Contract Addendum governing Phase II of the Development(as defined in the Redevelopment Agreement); and WHEREAS,the Parties have negotiated such an agreement and the Council has been briefed on the terms and conditions. NOW,THEREFORE,BE IT RESOLVED, by the City of St. Anthony,Minnesota as follows: That the Mayor and City Manager are authorized to finalize and enter into a Phase II Redevelopment Agreement with the Housing and Redevelopment Authority of the City of Saint Anthony, Minnesota, and Apache Redevelopment, LLC. • Adopted this 8th day of November,2005. yor rl ATTEST: City Clerk Review for Administration: /a I Ilk ity Nhnager •