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04-17 HRA Resolution No. 1253 HRA RESOLUTION NO. 1253 RESOLUTION APPROVING RIGHT OF ENTRY AGREEMENT WITH INTERSTATE PARTNERS LLC WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota (the"Authority") owns certain real property legally described as follows: LOT 001, BLOCK 001, CEDAR SUNRISE ADDN Tax ID—2602824410005 LOT 002, BLOCK 001, CEDAR SUNRISE ADDN Tax ID—2602824410006 LOT 016, BLOCK 001, CEDAR SUNRISE ADDN Tax ID—2602824410020 (the"Property") in the City of Richfield, Minnesota (the "City"); and WHEREAS, Interstate Partners LLC, a Delaware limited liability company (the "Developer"), has proposed to acquire the Property for redevelopment purposes; and WHEREAS, there has been presented before this Board a Right of Entry Agreement (the "Right of Entry Agreement") proposed to be entered into between the Developer and the Authority, pursuant to which the Authority will grant to the Developer the right to enter the Property for purposes of conducting geotechnical testing and other related studies and to conduct land surveys of the Property; and WHEREAS, the Board has reviewed the Right of Entry Agreement and finds that the execution thereof by the Authority and the performance of the Authority's obligations thereunder are in the best interest of the City and its residents; and NOW, THEREFORE, BE IT RESOLVED, by the Board of Commissioners of the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota as follows: 1. The Right of Entry Agreement is hereby in all respects authorized, approved, and confirmed, and the Chairperson and the Executive Director are hereby authorized and directed to execute the Right of Entry Agreement for and on behalf of the Authority in substantially the form now on file with the Community Development Director but with such modifications as shall be deemed necessary, desirable, or appropriate, the execution thereof to constitute conclusive evidence of their approval of any and all modifications therein. 2. The Chairperson and the Executive Director are hereby authorized to execute and deliver any other documents or certificates deemed necessary to carry out the intentions of this resolution and the Right of Entry Agreement. Adopted by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota this 17th day of April, 2017. f r� Mary B. uple, Ch r ATTEST: "Ce Doris Rubenstein, Secretary