92-77 CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
RESOLUTION
Date: July 13, 1992
Motion By: Chmiel
Resolution No.
Seconded By:
92-7 _-7_
Dimler
RESOLUTION APPROVING ~SSIGNMENT BY
LANDCO OF LOAN AND BOND PURCHASE &GREEMENT
WHERE~S, the City of Chanhassen is a party to a Loan and Bond
Purchase Agreement among Landco, a Minnesota General Partnership,
City of Chanhassen and First National Bank of Wayzata, dated
September 1, 1982; and
WHEREAS, Landco desires to assign its interest and obligations
thereunder to B. C. (Jim) Burdick.
NOW, THEREFORE, BE IT RESOLVED,
1. The City of Chanhassen hereby consents to the transfer of
Landco's interest and obligations under the Loan and Bond
Purchase Agreement to B. C. (Jim) Burdick; and
2. That the Mayor and City Manager are authorized to execute
on behalf of the City the attached Consent to Assignment
by Landco.
~)OPTED by the City Council of the City of Chanhassen this
13th day of Ju]y , 1992.
ATTEST:
Don Ashworth, -0lerk/Man&ger
Efonald J .~h~iel, Mayor