1f. Release of Land from Contract for Private Redevelopment - Lots 3 & 4, Block 1, Arboretum Business Park 2nd Addition
CITY OF
CHANHASSEN
7700 Market Boulevard
PO Box 147
Chanhassen, MN 55317
Administration
Phone: 952.227,1100
Fax: 952.227.1110
Building Inspections
Phone: 952.227.1180
Fax: 952.227,1190
Engineering
Phone: 952.227.1160
Fax: 952,227.1170
Finance
Phone: 952.227.1140
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Phone: 952,227,1120
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Recreation Center
2310 Coulter Boulevard
Phone: 952.227.1400
Fax: 952,227,1404
Planning &
Natural Resources
Phone: 952,227.1130
Fax: 952.227.1110
Public Works
1591 Park Road
Phone: 952.227.1300
Fax: 952,227,1310
Senior Center
Phone: 952,227,1125
Fax: 952.227,1110
Web Site
www.ci.chanhassen.mn.us
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MEMORANDUM
TO:
Todd Gerhardt, City Manager
Laurie Hokkanen, Assistant City ManagerM
f)~
FROM:
DATE:
September 24, 2009
SUBJ:
Release of Land from Contract for Private Redevelopment between
the City of Chanhassen and Century 2000 Partners, LLP; Lots 3 & 4,
Block 1, Arboretum Business Park 2nd Addition
PROPOSED MOTION:
The City Council approves the Release of Land from Contract for Private
Redevelopment between the City of Chanhassen and Century 2000 Partners,
LLP for Lots 3 & 4, Block 1, Arboretum Business Park 2nd Addition.
Approval requires a simple majority vote of the Council.
BACKGROUND
The attorney for Century 2000 Partners, LLP has requested that the City grant a
release of land from their contract for private redevelopment, Interim Use Permit
(IUP), Wetland Alteration Permit (W AP), and a certificate of compliance. Century
2000 Partners, LLP is in the process of selling their property and the lender is
requiring the releases.
The Gateway TIP District (#6) was decertified in December of 2005. A release from
the Development Contract was previously approved on August 14,2007.
Staff has reviewed the files and finds the project complete and in compliance with
the redevelopment contract. It is therefore recommended that the City Council
approve the attached Release.
RECOMMENDA TION
Staff recommends that the City Council approve the Release of Land from Contract
for Private Redevelopment between the City of Chanhassen and Century 2000
Partners, LLP for Lots 3 & 4, Block 1, Arboretum Business Park 2nd Addition.
G:\Admin\LH\TIF\Century 2000 Partners staff report.doc
Chanhassen is a Community for life. Providing for Today and Planning for Tomorrow
RELEASE OF LAND
FROM
CONTRACT FOR PRIVATE REDEVELOPMENT
AND ASSESSMENT AGREEMENT
,2009.
Date:
KNOW ALL BY THESE PRESENTS, that the real property in Carver County,
Minnesota, legally described as follows:
Lots 3 & 4, Block 1, Arboretum Business Park 2nd Addition,
is hereby released from all obligations, terms and conditions found in the following documents:
(1) That certain Contract for Private Redevelopment by and between the City of Chanhassen,
a Minnesota municipal corporation, and Century 2000 Partners, LLP, a Minnesota limited
liability partnership, dated December 9, 1998 and recorded December 31, 1998 in the
Office of the Carver County Recorder as Abstract Document No. 241618 and in the
Office of the Carver County Registrar of Titles as Torrens Document No. 106058; and
(2) That certain Assessment Agreement and Assessor's Certification by and among the City
of Chanhassen, a Minnesota municipal corporation, and Century 2000 Partners, LLP, a
Minnesota limited partnership, dated December 9, 1998 and recorded in the Office of the
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Carver County Recorder on December 31, 1998 as Abstract Document No. 241619 and
in the Office of the Carver County Registrar of Titles as Torrens Document No. 106059.
CITY OF CHANHASSEN
By:
Thomas A. Furling, Mayor
By:
Todd Gerhardt, City Manager
STATEOFMINNESOTA )
( ss.
COUNTY OF CARVER )
The foregoing instrument was acknowledged before me this day of _,2009,
by Thomas A. Furlong and by Todd Gerhardt, respectively the Mayor and City Manage of the
City of Chanhassen, a Minnesota municipal corporation, on behalf of the corporation and
pursuant to the authority granted by its City Council.
Notary Public
THIS INSTRUMENT WAS DRAFTED BY:
CAMPBELL KNUTSON
Professional Association
1380 Corporate Center Curve, Suite 317
Eagan, Minnesota 55121
Telephone: 651-452-5000
SRN
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