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88-02 HOUSING AND REDEVELOPMENT AUTHORITY CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: September 22r 1988 MOTION BY: RESOLUTION NO: 88-02 Whitehill SECONDED BY: Horn A RESOLUTION ENCOURAGING THE DEVELOPMENT OF A MEDICAL ARTS FACILITY ON WEST 78TH STREET WHEREAS, the Housing and Redevelopment Authority has established a preferred location for the medical arts facility within the downtown redevelopment area; and WHEREAS, the Housing and Redevelopment Authority is desirous of entering into a development contract with the Medical Arts Group as well as CHADDA for development on that site; and WHEREAS, it will be necessary for the Housing and Redevelopment Authority and Medical Arts Group to enter into a development contract specifying the terms and conditions for each in carrying out such a development proposal. NOW, THEREFORE, BE IT RESOLVED that the Housing and Redevelopment Authority instructs the LeFevere Firm to start preparation of said development contract in accordance with the general guidelines previously agreed to (see attached Exhibit A), including construction of a new medical arts facility generally located as shown on Exhibit B; and BE IT FURTHER RESOLVED that the Housing and Redevelopment Authority hereby guarantees to the Medical Arts Group that the Housing and Redevelopment Authority will be in a position tO guarantee the availability of said site and to enter into a jointly agreeable development contract on or before December 1, 1988. Passed and adopted by the Chanhassen Housing and~~~__ Redevelopment Authority this 22nd day ~, 17· C. L. Whitehill Chairman ATTEST: Don ~[~l~worth Executive Director