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07-9971r RESOLUTION NO. 9971 RESOLUTION AUTHORIZING EXTENSION OF LICENSE AGREEMENT WHEREAS, on May 8,2007, the City approved a license agreement by and among the City, Kensington Park Retail, LLC ("Kensington"), and CSM Investors, Inc., and CSM Shops, Inc., (collectively "CSM"); and WHEREAS, the approved license agreement authorized Kensington to make temporary use of the City's municipal store parking lot at 7700 Lyndale Avenue South; and WHEREAS, the license agreement will expire on September 2, 2007 and all parties desire to extend the license agreement for an additional period of 60 days. NOW, THEREFORE, BE IT RESOLVED, by the City.Council of the City of Richfield, Minnesota as follows: 1. The City Manager is authorized and directed to execute an extension of the License Agreement on behalf of the City for an additional60-day period. Adopted this 14th day of August, 2007, by the City Council of the City of Richfield, Minnesom. f)~( (;JI;.. Debbie Goettel, Mayor ATTEST: .~. Ji1M Nancy Gibt) City Clerk