1999 HRA Resolution 0719
HRA RESOLUTION NO. 719
RESOLUTION AUTHORIZING EXECUTION OF A
CERTIFICATE OF COMPLETION FOR
THE GALYAN’S TRADING COMPANY RETAIL STORE
REDEVELOPMENT PROJECT
WHEREAS
, the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota (HRA) entered into a Contract for Private Redevelopment
(Contract) with The Limited, Inc. (the “Developer”), dated December 31, 1996, pursuant
to and in furtherance of the Richfield 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 when requested by the Developer upon
completion of the 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 Acting Executive Director and HRA
Chair are directed to execute the 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 27th day of July, 1999.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary
EXHIBIT B
CERTIFICATE OF COMPLETION
The undersigned hereby certifies that The Limited, Inc. has fully and completely
complied with its obligations under Article IV of that document entitled "Contract for
Private Development," dated December 31, 1996, between THE HOUSING AND
REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD and THE
LIMITED, INC., a Delaware corporation with respect to construction of the
Improvements located on the tract of land described in the attached Exhibit A in
accordance with the requirements of such document and is released and forever
discharged from its obligations to constructing the Improvements under such above-
referenced Article on the above-referenced tract.
DATED: ____________
THE HOUSING AND REDEVELOPMENT AUTHORITY
IN AND FOR THE CITY OF RICHFIELD
By_______________________________
Its Chairperson
By_______________________________
Its Acting Executive Director
EXHIBIT A
Legal Description
Tract A, Registered Land Survey No. 1037, Hennepin County, Minnesota