1998 HRA Resolution 0673
HRA RESOLUTION NO. 673
RESOLUTION AUTHORIZING EXECUTION OF A
CERTIFICATE OF COMPLETION FOR
MERIDIAN CROSSINGS, PHASE I
WHEREAS
, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) entered into a Contract for Private Redevelopment
(Contract) with Meridian Properties Real Estate Development L.L.C., a Minnesota
limited liability company, d/b/a TOLD Development Company (Developer), dated
November 6, 1995, pursuant to and in furtherance of the ILN Redevelopment Project
heretofore adopted by the City and the Richfield Housing and Redevelopment
Authority; and
WHEREAS
, the Contract obligated the Developer to construct certain
improvements to the property identified in that Contract; and
WHEREAS
, Section 4.7 of the Contract required the HRA to furnish the
Developer with a Certificate of Completion upon completion of the Phase I construction
in accordance with Concept Plans; and
WHEREAS
, the Contract establishes the form for the Certificate of Completion in
Exhibit B; and
WHEREAS
, staff has found the improvements to be in accordance with the
terms of the Contract.
NOW, THEREFORE, BE ITRESOLVED
by the Housing and Redevelopment
Authority in and for the City of Richfield that the Executive Director and HRA Chair are
directed to execute the Phase I Certificate of Completion and deliver same to the
Developer.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 20th day of July, 1998.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary
HRA Resolution No. 673
EXHIBIT A
Legal Description
Lot 3, Block 3, CLOVERLEAF ADDITION, according to the recorded plat thereof,
Hennepin County, Minnesota, subject to the following easement:
An easement for driveway purposes over, under and across that part of Lot 3, Block 3,
CLOVERLEAF ADDITION, according to the recorded plat thereof, Hennepin County,
Minnesota described as beginning at the most northerly corner of said Lot 3; thence
southeasterly a distance of 48.29 feet along the northeasterly line of said Lot 3 to the
northeast corner of said Lot 3; thence South 0 degrees 07 minutes 35 seconds West
assumed bearing, along the east line of said Lot 3, a distance of 55.25 feet; thence
South 39 degrees 33 minutes 34 seconds West a distance of 29.02 feet; thence
southwesterly a distance of 59.63 feet on a tangential curve concave to the northwest
having a radius of 495.50 feet and a central angle of 6 degrees 53 minutes 45 seconds;
thence South 40 degrees 36 minutes 00 seconds East a distance of 41.88 feet; thence
South 48 degrees 20 minutes 27 seconds East a distance of 42.30 feet to said east line
of Lot 3; thence South 0 degrees 07 minutes 35 seconds West, along said east line of
Lot 3, a distance of 45.42 feet; thence North 48 degrees 20 minutes 27 seconds West a
distance 74.71 feet; thence North 40 degrees 36 minutes 00 seconds West a distance
of 103.62 feet to the northwesterly line of said Lot 3; thence northeasterly along said
northwesterly line of Lot 3 to the point of beginning.