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15-1194r HRA RESOLUTION NO. 1194 RESOLUTION APPROVING RIGHT-OF-WAY AND UTILITY EASEMENT IN FAVOR OF THE CITY OF RICHFIELD BE IT RESOLVED By the Board of Commissioners of the Housing and Redevelopment Authority of Richfield, Minnesota (the "Authority") as follows: WHEREAS, the City of Richfield (the "City") and the Authority have entered into that certain Richfield Parkway Cooperative Agreement, dated February 19, 2013 (the "Cooperative Agreement") in conjunction with the construction of the Richfield Parkway Phase II Project (Improvement Project No. CP-41007 (North Richfield Parkway)), which includes reconstruction and widening of Richfield Parkway from 66th Street to Bloomington Avenue in the City (the "Richfield Parkway Project"); and WHEREAS, due to the significant amount of right-of-way that is needed for the Richfield Parkway Project, the City acquired all or portions of 13 properties located on 17th Avenue (the "Assembled Property"); and WHEREAS, the Authority owns the property legally described as Lot 16, Block 2, Iverson's Second Addition (the "HRA Parcel") and, in accordance with the terms of the Cooperative Agreement, has agreed to convey to the City the easements necessary for the construction of the Richfield Parkway Project over the HRA Parcel; and WHEREAS, there has been presented before the Board of the Authority an Easement (the "Easement") from the Authority in favor of the City pursuant to which the Authority will grant an easement for right-of-way purposes and drainage and utility purposes over certain portions of the HRA Parcel, subject to the terms and conditions of the Easement; and WHEREAS, the Board of the Authority finds it necessary to grant the proposed easements for purposes of the Richfield Parkway Project. NOW, THEREFORE, BE IT RESOLVED, by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: 1. The proposed Easement is hereby approved in all respects. 2. The Chairperson and Executive Director are hereby authorized to execute and deliver the Easement in substantially the form on file with the Authority, with such additions, deletions, and other changes as are approved by the Chairperson and Executive Director. The Chairperson and Executive Director are further directed to take all steps and do all things necessary to effectuate the provisions of the Easement. Adopted by the Housing and Redevelopment Authority of Richfield, Minnesota this 20th day of January, 2015. .. i 'ALAJ �!� Chair , / ` ATftEST, J' / i 4..._ 1 ■ • `sec etary