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2022-01 EDACHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES STATE OF MINNESOTA RESOLUTION NO.2022-01 RESOLUTION APPROVING CONVEYANCE OF PROPERTY WHEREAS, by Resolution 97-29, adopted April 28, 1997, the City created the Chanhassen Economic Development Authority ("EDA") and transferred to the EDA all activities, programs, operations and authority of the Chanhassen Housing and Redevelopment Authority ("HRA"); and WHEREAS, the Chanhassen Economic Development Authority is now the fee owner of property legally described in the attached Exhibit "A" (the "Property"), previously owned by the Chanhassen Housing and Redevelopment Authority; and WHEREAS, the City of Chanhassen ("City") is in the process of removing and replacing shade trees on the Property ("Work") through a grant from the Minnesota Department of Natural Resources, Forestry Division ("Grant"); and WHEREAS, to accept the Grant, the City must be the fee owner of the Property subject to the Grant; and WHEREAS, to facilitate the Work with the use of the funds from the Grant, the EDA proposes to convey the Property to the City. NOW, THEREFORE, BE IT RESOLVED that the Chanhassen Economic Development Authority hereby conveys the Property to the City. BE IT FURTHER RESOLVED, that the Chanhassen Economic Development Authority hereby authorizes its Chairperson and Executive Director to execute all documents necessary in the opinion of legal counsel to quit claim the Property to the City. PASSED AND DULY ADOPTED by the Chanhassen Economic Development Authority, this 28th day of November, 2022. Elise Ryan, Chair ATTEST: - - - Laurie Hokkanen, Executive Director _ 224067v 1 1 EXHIBIT "A" Legal Description of Subiect Propertv: Outlot B, Medical Arts Addition Outlot C, Medical Arts Addition Outlot D. Medical Arts Addition Lot 2, Block 1, CHADDA 2nd Addition Outlot A, CHADDA 2nd Addition 224067v1 2