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13-10781r RESOLUTION NO. 10781 RESOLUTION AUTHORIZING CITY MANAGER TO APPROVE ADDENDA TO PURCHASE AGREEMENTS FOR THE RICHFIELD PARKWAY IMPROVEMENT PROJECT WHEREAS, the City of Richfield has undertaken an improvement project, No. CP 410007 (North Richfield Parkway Improvement Project)(the "Project"), which involves the reconstruction of Richfield Parkway / 17th Avenue between 63rd Street and 65th Street; and, WHEREAS, in order to construct the Project, the City Council has determined that it is reasonably necessary to purchase certain real properties located adjacent to 17th Avenue, all in the City of Richfield, Hennepin County, Minnesota; and WHEREAS, the City Council has previously approved purchase agreements for the purchase of several properties; and WHEREAS, some property owners have requested adjustments to the required closing and possession dates under the agreements, and the City staff has also identified the need for minor changes to the agreements; and WHEREAS, the City Council desires to delegate authority to the city manager to approve certain changes to the purchase agreements, as provided by this resolution. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. The City Council hereby authorizes the city manager to approve addenda to any of the purchase agreements previously approved by the Council for this project, as follows: • The addenda may provide that the City will pay closing costs, including deed transfer taxes. • The addenda may extend the date of closing, provided that no closing may be extended beyond June 28, 2013. • The addenda may provide for the right of a seller to occupy the property rent-free for 30 days after closing, provided the seller has located a replacement dwelling prior to the date of closing. • The addenda may allow a seller to lease the property after closing, provided that the lease may not interfere with the City's proposed construction schedule (as determined by the city engineer), and provided also that the seller must be responsible for payment of all real estate taxes payable in 2014, regardless of the term of the lease. 2. The Mayor and City Manager are authorized to execute such addenda and to take all other actions necessary to effectuate the transfer contemplated by those agreements. Adopted by the City Council of the City of Ri - .-Id, Minnesota this 9th day of April, 2013. j 1 or Debbie Goettel, Mayor ATTEST: 2-a-U1 Nancy Gibbs, Ci lerk