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13-1154r HRA RESOLUTION NO. 1154 RESOLUTION APPROVING FIRST AMENDMENT TO CROSS ACCESS EASEMENT AGREEMENT BETWEEN THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF RICHFIELD, MINNESOTA AND CANDLEWOOD MINNEAPOLIS, MN, LLC WHEREAS, pursuant to that certain Cross Access Easement Agreement, dated June 22, 1998 (the "Easement Agreement"), between the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (the "HRA") and Candlewood Minneapolis, MN, LLC, a Delaware limited liability company ("Candlewood"), the HRA has provided Candlewood with a non-exclusive easement for vehicular and pedestrian traffic over and across portions of certain parcels of land located in the City of Richfield, Minnesota (the "City") and as described in the Easement Agreement (the "HRA Parcel") for purposes of ingress, egress, parking and maintenance of such easement; and WHEREAS, pursuant to the Easement Agreement, Candlewood has provided the HRA with a non-exclusive easement for vehicular and pedestrian traffic over and across portions of certain parcels of land located in the City and as described in the Easement Agreement (the "Candlewood Parcel") for purposes of ingress, egress, and parking and maintenance of such easement; and WHEREAS, it is proposed that the HRA Parcel be purchased by LaMettry's Collision, Inc. (the "Buyer") and the Buyer has requested changes to the Easement Agreement to clarify the temporary easement areas set out in the Easement Agreement; and WHEREAS, it has been further proposed that upon the sale of the HRA Parcel by the HRA, a certain temporary access road will become a permanent access road and Candlewood will no longer be responsible for any maintenance costs related to the temporary or permanent access road; and WHEREAS, the HRA has been presented with a First Amendment to Cross Access Easement Agreement (the "First Amendment to Easement Agreement") between the HRA and Candlewood; and WHEREAS, the HRA has reviewed the First Amendment to Easement Agreement and finds that the execution thereof by the HRA and performance of the HRA's obligations thereunder are in the best interest of the City and its residents; and NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: 1. The First Amendment to Easement Agreement presented to the HRA and on file with the Community Development Director are hereby in all respects approved, subject to modifications that do not alter the substance of the transaction and that are approved by the Chairperson and Executive Director; provided that execution of such documents by such officials shall be conclusive evidence of approval. 2. The Chairperson and Executive Director are hereby authorized to execute the First Amendment to Easement Agreement on behalf of the HRA and to carry out on behalf of the HRA the HRA's obligations thereunder. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 15th day of April, 2013. Al/ / S -v z/ J. Qu- A' ing Chair ATTEST: '•:TT Rubenstein ecretary