1i App Termination Agree/Wright
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.MEMOJWIm(JM
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Mayor
City Council
Scott A Botcher, City Manager~
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DATE:
January 19.2000
SUBJ:
Termination Agreement, H. Dan Wright
- _-Pleasefind_ÐIl~ consent agenda a proposed termination agreement from
~~WalstOD,Walston & Te SIaa, Attorneys at Law representing H. Dan Wright.
1bis agr........,ntpurports to formally terminate any arrangement, agreement or
Tclationsbip between H. Dan Wright and the City of Chanhassen as it relates to
the proposed hotel project. This agreement needs to be approved by the council
and eiæcuted by the Mayor and City Manager. As part of this packet (and Mr.
Knutson has been advised of this), the City Attorney will conduct a legal review
of the agreement between Thursday and Monday and will be prepared to provide
his legal opinion as to its acceptability from the city's point of view on Monday
at the work session. Thank you.
~Fesci?" lr
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WALSTEN, WALSTON & TE SLAA, P.A.
Attmney,; at Law
Bloomington
1000 Nœtb1and "'='
3800 West so*S1reet
BloomingtoD,MN 55431
Telephone:{611)S96-3m
Fax: (612)'8!J6:;3717
J_ It. Walstoa
BqI1y1D MPJU!nta Hei8bts
Mendota Heights
200 Dakota Financial CcDter
1060 Dakota úrive
Mendota Heights, MN 55120
Telephone: (651) 905-7000
Fax: (651) 405-3775
January 17,2000
Mr. Todd GerluJrdt
Assistant.cïJ;y:l\4" ''":¡gt'r
City of Chanhassen
690 Coulter Dñvc
Box 147
Chanhassen, MN 55311
Re: --H~-DanWriglJt'f C.......uads Plaza 3rdAddition
Our FileNo. 671-002
Dear Todd:
Enclosedp1ease find:
1. Termination Asreement signed by H. Dan Wright; and
2. QuitClaim Deed covering Lots 2 and 3, Block 1, Crossroads Plaza 3rd Addition
signed by H. Dan Wright.
Please have the T::nnination Agreement signed by the Mayor and City Manager. Please
forward fully 5igned copies to:
Randy Dowdy
Carver COIIIIty Abstract andTitle
. -411Chestnllt S1rœt
·01as1œ,MN55311!
H. DanWri,gbt
970 He1_Avenue North
Oa!rll"'.., MN ssm
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Mr. Todd Gerhardt
January 17,2000
Page 2
Jobn Sheehan
Cambridge Commercial Realty
4901 West 77th Street
Minneapolis., MN 55435
Please also send a copy to me.
By way of this transmittal. I am requesting Randy Dowdy to release the $15,000.00
earnest money to H. Dan Wright upon Randy's receipt ofa copy of the signed Termination
Agreement Horn you.
Please retain the original Quit Claim Deed in the City's file.
Please call if you have any questions..
Sincerely,
JRW:rlt
Enclosures
WALSTEN, WALSTQN &-TE SLAA, P.A.
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By: -/,;:-
James R: Walston
/
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cc: H. Dm Wright
John Sheehan
Randy Dowdy
TERMINATION AGREEMENT
WHEREAS, the undersigned acting in relation to the Real Estate Purchase Agreement
("Purchase Agreement") attached hereto as exhibit "Au between the CITY OF CHANHASSEN
and H. DAN WRIGHT covering Lots 2 and 3, Block 1, Crossroads Plaza, 3'd Addition, Carver
County, Minnesota. hereby agree that the Purchase Agreement shall be terminated.
Upon execution of this Agrel'ment and the execution and delivetÿ· of a Quit Claim Deed
in favor of the CITY OF CHANHASSEN by H. DAN WRIGHT, the earnest money covering the
property descnòed above in the amount of Fifteen Thousand Dollars and Zero Cents ($15,000)
shall be fully refunded to H. DAN WRIGHT. The CITY OF CHANHASSEN and H. DAN
WRIGHT each agree that no party has any further claim against one another arising out of or
otherwise relating to the attached Purchase Agreement.
Dated:
1--7-Uð
By:
CITY OF CHANHASSEN
By:
Its: Mayor
Dated:
By:
Its: City Manager
671-«>2150986
.
(Reserved for Recording Data)
QUIT CLAIM DEED
Individual(s) to Corporation
STATE DEED TAX DUE HEREON: $
-
Dated: ~"'114'Y'1 1 ,-l-9~
FOR V ALUABLE CONSIDERATION,
H. DAN WRIGHT, a single person, Grantor, hereby conveys and quitclaims to THE CITY OF
CHANHASSEN, a public body corporate and politic under the laws of the State of Minnesota,
Grantee, real property in Carver County, Minnesota, described as follows:
Lots 2 and 3, Block 1, CROSSROADS PLAZA 3RD ADDITION, according to the
recorded plat thereof, Carver County, Minnesota.
together with all hereditaments and appurtenances belonging thereto.
TOTAL CONSIDERATION FOR THIS CONVEYANCE IS LESS THAN $500.00.
GRANTOR CERTIFIES THAT GRANTOR IS UNAWARE OF ANY WELLS ON THE
. ABOVE-DESCRIBED PROPERTY.
1
.
. .
AFFIX DEED TAX STAMP HERE
STATE OF MINNESOTA )
WAsh' -h,,) ss.
COUNTY OF DAK()~ )
The toregoing instrument was ackllowiedged bt:fore me this -2 day of
d ~~bY H. DAN WRIGHT, Grantor.
(NOTARY STAMP)
e APRil L KE RSHAW
NoIaIy Public
Minnesota
My Commission Expires Jan. 31, 2005
O¡¡Ju~ d ~()~J)
Not Public
Tax Statements for the real property
described in this instrument should be sent
to (include name and address of Grantee):
City of City of Chanhassen
690 Coulter Drive
Box 147
Chanhassen, MN 55317
THIS INSTRUMENT WAS DRAFTED BY:
Jamcs R. Walston
WALSTEN, WALSTON & TE SLAA, P.A
200 Dakota Financial Center
1060 Dakota Drive
Mendota Heights, MN 55120
Telephone: (651)905-7000
#671-002IS0987
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