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B-2. Conveyance of EDA Property to City0 CITY OF CAANHA3SEN 7700 Market Boulevard PO Box 147 Chanhassen, MN 55317 Administration Phone: 952 2271100 Fax: 952.2271110 Building Inspections Phone: 952,227.11 80 Fax: 952.227.1190 Engineering Phone: 952.227.1160 Fax: 952.227.1170 MEMORANDUM TO: Todd Gerhardt, Executive Director, Economic Development Authority FROM: Kate Aanenson AICP, Community Development Director DATE: November 10, 2014 0 SUBJ: Conveyance of EDA Property to the City PROPOSED MOTION: The Chanhassen Economic Development Authority adopts a Resolution Approving the Sale of Property. Approval requires a simple majority vote of the Economic Development Authority. BACKGROUND Finance Phone: 952.227.1140 The Economic Development Authority (EDA) is the owner of property described as Fax: 952.2271110 Outlot A, Chanhassen Retail Second Addition. The property is being replatted as Chanhassen Retail Fourth Addition to accommodate the Shops of Chanhassen Park & Recreation project. In order to facilitate the platting process, the property needs to be conveyed Phone: 2v.110 to the City. This will be accomplished through a Resolution Approving Sale of Fax: 952.2271110 Property and a Quit Claim Deed. Recreation Center 2310 Coulter Boulevard ATTACHMENTS Phone: 952.227.1400 Fax: 952.227.1404 1. Resolution Approving the Sale of Property. 2. Quit Claim Deed. Planning & Natural Resources Phone: 952.227.1130 Fax: 952.227.1110 Public Works 7901 Park Place Phone: 952.227.1300 Fax: 952.227.1310 Senior Center Phone: 952.227.1125 Fax: 952.227.1110 Website www.ci.chan hassen mn. us GAPLAN \2014 Planning Cases \2014 -28 Shops at Chanhassen \Recording documents \EDA Staff Report Conveyance of Land to City Council.doc Chanhassen is a Community for Life - Providing for Today and Planning for Tomorrow CHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY CARVER AND HENNEPIN COUNTIES, MINNESOTA RESOLUTION NO. 2014m RESOLUTION APPROVING SALE OF PROPERTY TO THE CITY WHEREAS, the City has agreed to convey a portion of the Property legally described in Exhibit A attached hereto to a developer for development of a commercial building ( "Property"); and WHEREAS, the Property is owned in fee by the Economic Development Authority in and for the City of Chanhassen ( "EDA "); and WHEREAS, to facilitate the conveyance for development, the EDA proposes to convey the Property to the City; NOW, THEREFORE, BE IT RESOLVED that the Chanhassen Economic Development Authority does hereby approve conveyance of the Property to the City. PASSED AND DULY ADOPTED by the Chanhassen Economic Development Authority, this 10' day of November, 2014. Thomas A. Furlong, Chair ATTEST: Todd Gerhardt, Executive Director (Seal) 178595v1 EXHIBIT "A" Legal Description of Property Outlot A, CHANHASSEN RETAIL SECOND ADDITION, Carver County, Minnesota, according to the recorded plat thereof. 178595v1 2 (Reserved for Recording Data) QUIT CLAIM DEED STATE DEED TAX DUE HEREON: $1.65 Dated: .2014. FOR VALUABLE CONSIDERATION, the Chanhassen Economic Development Authority, f/k/a Housing and Redevelopment Authority in and for the City of Chanhassen, a public body corporate and politic under the laws of the State of Minnesota, Grantor, hereby conveys and quitclaims to the City of Chanhassen, a Minnesota municipal corporation, Grantee, real property in Carver County, Minnesota, legally described as follows: See Exhibit A attached hereto and made a part thereof by reference. together with all hereditaments and appurtenances belonging thereto, subject to the following exceptions: None THE GRANTOR CERTIFIES THAT THE GRANTOR DOES NOT KNOW OF ANY WELLS ON THE DESCRIBED REAL PROPERTY. The consideration for this transfer is less than $500.00. CHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY M 0 177889v1 Its Chairperson Its Executive Director STATE OF MINNESOTA ) )ss. COUNTY OF CARVER ) The foregoing instrument was acknowledged before me this 2014, by day of and , respectively the Chairperson and Executive Director of the Chanhassen Economic Development Authority, a public body corporate and politic under the laws of the State of Minnesota, on its behalf. Notary Public Tax Statements for the real property described in this instrument should be sent to: City of Chanhassen 7700 Market Boulevard P.O. Box 147 Chanhassen, Minnesota 55317 THIS INSTRUMENT WAS DRAFTED BY: CAMPBELL KNUTSON Professional Association Attorneys at Law 317 Eagandale Office Center 1380 Corporate Center Curve Eagan, Minnesota 55121 651- 452 -5000 AMP /cjh »7a89vl EXHIBIT A Outlot A, Chanhassen Retail Second Addition, Carver County, Minnesota, according to the recorded plat thereof. (Abstract Property) 177889v1 6 6 aalY J / �I I LLJ C) j z Q / �� �C Sv Z 0 < LLI U V) Yl is Rag 43 -D O og zz aZ ax O og zz aZ