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2019-31CERTIFICATION STATE OF MINNESOTA ) ss COUNTY OF CARVER ) I, Todd Gerhardt, City Manager of the City of Chanhassen, Minnesota, do hereby certify that I have compared the foregoing copy of Resolution No. 2019-31 "Resolution Vacating Public Drainage And Utility Easements At 8077 Century Boulevard (Control Concepts)" adopted by the Chanhassen City Council on June 24, 2019 with the original copy now on file in my office and have found the same to be a true and correct copy thereof. Witness my hand and official seal at Chanhassen, Minnesota, this 24th day of June, 2019. -V � /I Lw odd Gerhardt, City Manager CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE June 24, 2019 RESOLUTION NO: 2019-31 MOTION BY: Campion SECONDED BY: Coleman RESOLUTION VACATING PUBLIC DRAINAGE AND UTILITY EASEMENTS AT 8077 CENTURY BOULEVARD (CONTROL CONCEPTS) WHEREAS, pursuant to Minnesota Statutes § 412.851 the City Council of the City of Chanhassen has conducted a hearing preceded by the statutorily required two (2) weeks published and posted notice and mailed notice to the abutting property owners, to consider the vacation of easements for drainage and utility purposes as legally described in the attached Exhibit A ("Easements"); and WHEREAS, in conjunction with the lot line adjustment for the property in which the Easements are located, new drainage and utility easement will be provided; and WHEREAS, it was determined by the City Council that the Easements are no longer needed for public purposes. NOW, THEREFORE, BE IT RESOLVED by the Chanhassen City Council: 1. The Easements are hereby vacated, conditioned upon recording the lot line adjustment for Lot 2, Block 1, Arboretum Business Park 7th Addition ("Property"), and the easement required as a condition of site plan approval for the Property. 2. The vacation shall not affect the authority of any person, corporation, or municipality owning or controlling the electric or telephone poles and lines, gas lines, sanitary and storm sewer lines, water pipes, mains, hydrants, and natural drainage areas thereon or thereunder, to continue maintain the same or to enter upon such way or portion thereof vacated to maintain, repair, replace, remove, or otherwise attend thereof. 3. The Clerk shall forthwith transmit a certified duplicate of this Resolution to the County Auditor and County Recorder for recording simultaneous with the documents approving the lot line adjustment and the easements required for site plan approval of the Property. PASSED AND ADOPTED by the Chanhassen City Council this 24th day of June, 2019. ATTEST: ihNK jst-- Todd(Gerhardt, City Manager YES NO Ryan None Campion Coleman McDonald Tjornhom Elise Ryan, Mayor ABSENT None EXHIBIT A Legal Description of Easements to be Vacated All Drainage and Utility Easements as dedicated in Lot 2, Block 1, ARBORETUM BUSINESS PARK 7TH ADDITION, Carver County, Minnesota, and all Drainage and Utility Easements as dedicated in ARBORETUM BUSINESS PARK, Carver County, Minnesota, Lying within said Lot 2, Block 1, except the north 5 feet, west 10 feet and south 5 feet thereof lying west of the following described line: Commencing at the southwest corner of said lot 2; thence on an assumed bearing South 89 degrees 32 minutes 15 seconds East along the south line of said Lot 2, a distance of 546.74 feet to the point of beginning of the line to be described; thence North 00 degrees 27 minutes 45 seconds East 280.88 feet; thence North 89 degrees 32 minutes 15 seconds West 49.31 feet; thence northwesterly 99.88 feet along a non-tangential curve concave to the southwest, having a radius of 129.00 feet, a central angle of 44 degrees 21 minutes 42 seconds and a chord that bears North 62 degrees 28 minutes 43 seconds West, thence North 00 degrees 12 minutes 17 seconds East, not tangent to said curve, 29.14 feet to a north line of said Lot 2 and said line there terminating. CERTIFICATION STATE OF MINNESOTA ) ss COUNTY OF CARVER ) I, Todd Gerhardt, City Manager of the City of Chanhassen, Minnesota, do hereby certify that I have compared the foregoing copy of Resolution No. 2019-30 "Resolution Adopting Post -Issuance Debt Compliance Policy for Tax -Exempt and Tax -Advantaged Governmental Bonds" adopted by the Chanhassen City Council on June 24, 2019 with the original copy now on file in my office and have found the same to be a true and correct copy thereof. Witness my hand and official seal at Chanhassen, Minnesota, this 24th day of June, 2019. jj:k-- TaA Gerhardt, City Manager CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: June 24, 2019 RESOLUTION NO: 2019-30 MOTION BY: Campion SECONDED BY: Coleman RESOLUTION ADOPTING POST -ISSUANCE DEBT COMPLIANCE POLICY FOR TAX-EXEMPT AND TAX -ADVANTAGED GOVERNMENTAL BONDS WHEREAS, the City of Chanhassen, Minnesota (the "City") from time to time will issue tax-exempt and tax -advantaged governmental bonds; and WHEREAS, under the Internal Revenue Code of 1986, as amended and related regulations (the "Code"), and Securities and Exchange Commission (the "SEC") the City is required to take certain actions after bond issuance to ensure that interest on those bonds remains in compliance with the Code and SEC; and WHEREAS, the City has determined to adopt a policy regarding how the City will carry out its compliance responsibilities via written procedures, and to that end, has caused to be prepared documents titled Post -Issuance Debt Compliance Policy and Post -Issuance Debt Compliance Procedures; and WHEREAS, The City Council (the "Council") of the City has reviewed the Post - Issuance Debt Compliance Policy in connection with the Post -Issuance Debt Compliance Procedures and has determined that it is in the best interest of the City to adopt the Policy. NOW THEREFORE, BE IT RESOLVED the Council approves the Policy as shown in the form attached; and BE IT FURTHER RESOLVED; the City staff is authorized to take all actions necessary to carry out the Post -Issuance Debt Compliance Policy and Post -Issuance Debt Compliance Procedures. Passed and adopted by the Chanhassen City Council this 24th day of June, 2019. ATTEST: / -' I"� L J.-�t TAM Gerhardt, City Manager YES NO Ryan None Campion Coleman McDonald Tjornhom �� Azrn Elise Ryan, Mayor 61 ABSENT None