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03-905r 79 HRA RESOLUTION NO. 905 RESOLUTION AUTHORIZING THE CONVEYANCE OF INTEREST IN CERTAIN LANDS WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (the "HRA"), and Lyndale Gateway, LLC (the "Developer") have entered into a First Amended and Restated Contract for Private Redevelopment dated as of August 18, 2003 (the "Contract"); and WHEREAS, pursuant to the terms of the Contract, the HRA is required to convey to the Developer all of the HRA's right, title and interest in the various parcels and tracts of land that constitute the Redevelopment Property as that term is defined in the Contract, and described in the attached Exhibit A. NOW THEREFORE, be it resolved by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: 1. The conveyance of the HRA's right title and interest in the parcels of land described in the attached Exhibit A is hereby approved. 2. The Chair and the Executive Director are hereby authorized to execute and deliver to the Redeveloper, such quit claim deeds as are required to carry out this resolution. Approved by the Board of Commissioners of the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota~ t', th day of SePtembe.r., 2003. j/ /" ....-~. f " ~-" ~ Thomas E. Harms, Chair Exhibit A Red v lopment Prop rty. Legal Description. Parcel 1: Lot 1, "Glenn's Addition" Parcel 2: Lot 2, "Glenn's Addition" Parcel 3: Lot 3, "Glenn's Addition" Parcel 4: South 1/2 of Lot 5, "Glenn's Addition" Parcel 5: The North 20.5 feet of Lot 5, "Glenn's Addition" Parcel 6: South 20.5 feet of North 1/2 of Lot 5, "Glenn's Addition" Parcel 7: All of Lot 6, except the South 13.7 feet thereof, "Glenn's Addition" Parcel 8: South 13.7 feet of Lot 6, and the North 6.3 feet of Lot 7, "Glenn's Addition" Parcel 9: Lot 9, "Glenn's Addition" Parcel 1 0: Lot 10, "Glenn's Addition" Lot 11 : Lot 11, "Glenn's Addition" Parcel 12: Lot 12, "Glenn's Addition" Parcel 13: Lot 13, "Glenn's Addition" Parcel 14: Lot 14, "Glenn's Addition" Parcel 15: Lot 15, "Glenn's Addition" Parcel 16: South 22 feet of the North 28.3 feet; Lot 7, "Glenn's Addition" Parcel 17: Lot 4, "Glenn's Addition" Parcel 18: The alley dedicated in the plat of Glenn's Addition, lying southerly of the southerly right of way line of 76th Street and northerly of the northerly right of way line of 77th Street, Hennepin County, Minnesota Parcel 19: That part of Lot 8, Glenn's Addition, according to the recorded plat thereof, Hennepin County, Minnesota, lying North of the South 51.35 feet of said Lot 8. Parcel 20: That part of Lot 7, Glenn's Addition, according to the recorded plat thereof, Hennepin County, Minnesota, lying South of the North 28.30 feet of said Lot 7, lying North of the South 45.30 feet of said Lot 7, and lying Westerly of a curve concave to the east having a radius of 17.01 feet. Said curve passes through a point on the South line of said North 28.30 feet of Lot 7 distant 108.99 feet Easterly of the West line of said Lot 7, and passes through a point on the North line of said South 45.30 feet of Lot 7 distant 105.76 feet Easterly of said West line of Lot 7.