1998 HRA Resolution 0680
HRA RESOLUTION NO. 680
RESOLUTION AUTHORIZING AND RATIFYING
THE EXECUTION OF A CROSS-ACCESS EASEMENT
AGREEMENT WITH CANDLEWOOD MINNEAPOLIS, MN, LLC
WHEREAS,
the Housing and Redevelopment Authority in and for the City of
Richfield owns real estate legally described in Attachment A and located at
approximately 300 - 250 West 78th Street, a portion of which the HRA acquired from
the City of Richfield (the “HRA Property”); and
WHEREAS,
the Property is adjacent to and northerly of property owned by
Candlewood Minneapolis, MN, LLC (the “Candlewood Property”); and
WHEREAS,
the development potential of the HRA Property and Candlewood
Property would be enhanced by the existence of an agreement that would allow the
owners and invitees of each parcel to utilize portions of the other parcel for parking,
ingress, egress and signage; and
WHEREAS,
at the time the HRA acquired the HRA Property, all parties
contemplated that such an agreement would be negotiated and recorded against the
properties; and
WHEREAS,
the HRA chairperson and executive director have executed a Cross-
Access Easement Agreement, dated June 22, 1998, that creates mutual easements for
parking, ingress, egress, and signage, and that benefits and burdens both the HRA
Property and the Candlewood Property, as contemplated by the parties.
NOW, THEREFORE, BE IT RESOLVED
by the Housing and Redevelopment
Authority in and for the City of Richfield, Minnesota as follows:
1.The Cross-Access Easement Agreement between the HRA and Candlewood
Minneapolis, MN, LLC, is hereby approved.
2.The actions of the staff, the chairperson and the executive director in negotiating,
executing and recording the Cross-Access Easement Agreement are hereby
ratified.
Adopted by the Housing and Redevelopment Authority in and for the City of Richfield,
Minnesota this 21st day of September, 1998.
___________________________
Thomas E. Harms, Chairperson
ATTEST:
__________________________
Michael Sandahl, Secretary
HRA Resolution No. 680
Attachment A
Legal Description
That part of the West 305.00 feet of the East 330.00 feet of the Southeast Quarter of
the Southwest Quarter of Section 34, Township 28, Range 24, which lies northerly of a
line described as beginning at a point in the west line of said East 330.00 feet distant
160.77 feet south of the northwest corner thereof, thence easterly, at a right angle
distance of 136.00 feet; thence southerly at a right angle 42.80 feet; thence easterly at
a right angle 65.00 feet; thence southerly at a right angle 18.00 feet; thence easterly at
a right angle 104.00 feet to a point in the east line of said West 305.00 feet of the East
330.00 feet distant 222.86 feet south of the north line of said Southeast Quarter of the
Southwest Quarter of the Southwest Quarter and said line there terminating, except the
north 30.00 feet thereof, according to the United States Government survey thereof,
Hennepin County, Minnesota.
(HRA owned restaurant site)