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86-7145R21 RESOLUTION N0. 7145 RESOLUTION APPROVING AMENDMENT NUMBER ONE CONTRACT FOR PRIVATE DEVELOPMENT WITH PALSCO, INCORPORATED WHEREAS, The CITY OF RICHFIELD MINNESOTA approved a Contract For Private Development dated December 9, 1985; and WHEREAS, because of certain events which have occurred since that date it is necessary and desirable. to amend the Contract;. and WHEREAS, the City Council has reviewed the Amendments herein identified Amendment-Number One and determined that such is in the best interests of the City and serves the health, safety and general welfare of the community. NOW,. THEREFORE, BE IT RESOLVED BY the City Council of the City of Richfield that Amendment Number One is hereby approved. and the Mayor and City Manager are hereby authorized and directed to execute the same on behalf of The City of Richfield. Passed by the City Council ~f~ichf~~d, Minnesota this 24th day of February, 1986. /i , hn .._-- Mayor ATTES Thomas Ferber City Clerk