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98-8621r 79 RESOLUTION NO. 8621 RESOLUTION GRANTING PRELIMINARY AND FINAL APPROVAL OF A SUBDIVISION FOR GRAMERCY CORPORATION WHEREAS, Gramercy Corporation has requested preliminary and final approval to combine several tracts of land located at 6724 Lyndale Avenue and 710 Lake Shore Drive in the City of Richfield; and WHEREAS, the proposed subdivision is to be known as GRAMERCY PARK RICHFIELD; and WHEREAS, a public hearing on the proposed plat of GRAMERCY PARK RICHFIELD was held on September 28, 1998 at which all interested persons were given the opportunity to be heard. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, as follows: 1. The proposed plat of GRAMERCY PARK RICHFIELD satisfies the requirements of the City's subdivision ordinances. 2. Preliminary and final approval is granted to Gramercy Corporation for the plat of GRAMERCY PARK RICHFIELD, subject to the terms of this resolution. 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. The time period provided by that ordinance is hereby extended to 150 days. 4. This resolution shall not be effective until such time that Gramercy Corporation holds title to 6724 Lyndale Avenue and 710 Lake Shore Drive. Adopted by the City Council of the City of Richfield this 28th day of September, 1998. ATTEST: cf~ p~u Thomas P. Ferber, City Clerk