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02-9138r 70 RESOLUTION NO. 9138 I RESOLUTION GRANTING FINAL APPROVAL OF A SUBDIVISION FOR OPUS NORTHWEST, L.L.C. AND THE BEST BUY CAMPUS WHEREAS, Opus Northwest, L.L.C. ("Applicant") has requested final approval to combine and subdivide several tracts of land located generally east of Penn Avenue, west of Knox Avenue, north of 1-494 and south of 76th Street in the City of Richfield; and WHEREAS, the proposed subdivision is to be known as BEST BUY CAMPUS; and WHEREAS, a public hearing on the proposed final plat of BEST BUY CAMPUS on Tuesday, January 8, 2002 at which all interested persons were given the opportunity to be heard; and WHEREAS, the preliminary plat for the BEST BUY CAMPUS was approved by the City Council after a public hearing was held on December 11, 2000. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, as follows: 1. The proposed plat of BEST BUY CAMPUS satisfies the requirements of the City's subdivision ordinances. 2. Final approval is granted to the Applicants for the plat of BEST BUY CAMPUS, subject to the following conditions: 1__ The developer shall submit updated title evidence to the City Attorney for review; The developer shall undertake and process to completion a land registration proceeding to eliminate various gaps between parcels included in the plat; _ The developer shall record the easement instruments for the water main, sanitary sewer, and storm sewer easements shown along the westerly, southerly and easterly perimeters of Lot 1 prior to or simultaneously with the recording of the plat; _ The developer shall convey to the City for sidewalk purposes a five foot easement along 76th Street; _ The city staff shall not release the executed plat to the developer for recording until the City and the developer have closed on the transfer of outlots A, Band C and the right of access from Lot 1 to 1-494 to the City. 3. This Resolution shall be null and void unless within the time limit required by Subsection 500.29, subdivision 3 of the Richfield City Code, the Applicant files the final plat with the Hennepin County Recorder or Registrar of Titles, as may be appropriate. Adopted by the City Council of the City of RiC~:~ thDf January, 2002. Martin J. Ki ch ayor