04-16 HRA Resolution No. 1290 HRA RESOLUTION NO. 1290
RESOLUTION APPROVING RIGHT OF ENTRY AGREEMENT
WITH CHAMBERLAIN APARTMENTS, LLC
WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield,
Minnesota (the "Authority") owns certain property (the "Authority Property") located or to be located
within one or more certain tax increment financing districts within the Richfield Redevelopment
Project in the City of Richfield, Minnesota (the "City"); and
WHEREAS, Chamberlain Apartments, LLC, a Delaware limited liability company (the
"Developer"), has proposed to acquire the Authority Property and additional property in the City for
the purpose of constructing a multifamily housing development with approximately 283 apartment
units, substantially rehabilitate three 11-unit apartment buildings, and construct underground
parking; and
WHEREAS, the Authority wishes to grant the Developer the right to enter the Authority
Property in order to facilitate the construction of an extension of the Richfield Parkway between 66th
Street and 68th Street in the City within the dedicated right-of-way for Richfield Parkway; and
WHEREAS, there has been presented before this Board of Commissioners of the Authority
a Right of Entry Agreement (the "Right of Entry Agreement") proposed to be entered into between
the Authority and the Developer, which provides the Developer the right to access and use the
Authority Property to facilitate, among other things, the construction of the extension of Richfield
Parkway; 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 Chair 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 Chair and the Executive Director are hereby authorized to execute and deliver to
the Developer any and all documents 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 16th day of April, 2018.
772).4,„ j,,,y/. 1 /
Mary B. Stple, Chair `
ATTEST:
Erin Vrieze Dani , Secretary