RECORDED termination agreement with HRA A777147Document Number: Al 7 7 t47
Filed and/or Recorded on
Sep 11, 2024 8:21 AM
Office of the County Recorder/Registrar of Titles
Carver County, M innesota
Kaaren Lewis, County Recorder
Deputy NV
Document Recording Fees $ 46.00
DocumentTotal $ 46.00
Requesting Party: City of chanhassen
Pages: 4
This cover page has been added to this document by Carver County Land Records
and is now an official part of this recorded document
TERi\,IINATION AGREENIENT
THIS TERMINATION AGREENIENT, ljantcd A4fy;LA\ 20
ECONON,IIC DEVELOPNIENT AI-ITHORITY IN AND T'OR THE
CHANHASSEN. a Minnesota public bodl'corporate and politic (the "Aulhorit)'').
24, by
CITY
the
OF
WHEREAS, the Authority's predecessor. the Housing and Redevelopment Authorit) in
and lor the City ol Chanhassen (he "IJRA"), entered into a Contract for Private Redevelopment
Agreemenl dated August 9, 1997, between the HRA and Chanhassen Properties, LLC which was
filed lor record on December 22, 1997 as Document No. 220021 in the office of the Carver
County Recorder, Carver Countl, Minnesota (the "Agreemenl") and further entered into an
Assessment Agreement dated August 8, 1997, which was filed for record on December 22, 1997
as Document No. 220022 in the office of the Carver County Recorder, Carver County,
Minnesota ("Assessment Agreement").
WHEREAS, the EDA has been requested to terminate the Agreement and the
Assessment in thal the Authority has been paid the full amounl due under the Agreement and the
Assessmenl Agreement has expired by its terms.
WHEREAS, the EDA has determined that lI is appropriate to terminate the Agreement
and lhe Assessment Agreemenl.
NO\\', THEREFORE, BE IT RESOLVED BT' THE ECONONIIC
DEVELOPN,IENT AUTHORIT\'IN AND FOR THE CITY OF CHANHASSEN thAt:
l. The Agreement and Assessment Agreement are hereby terminated
2. The property described on Exhibit A is hereby released from the above descrrbed
Agreement and Assessment.
232270!l
ECONO]\II(' DE\'ELOP]\IENT AU'tHORITY
IN AND FOR THE CITY OF ('HANHASSEN
6/* //44/"^)By,
Its
i'ti. vl
2 - '-';; r-zr.';!1n'(z "''
Elise Ryan IIts: Chair
Laurie Hokkancn
Executive Director
STATE OF MINNESOTA
COUNTY OF CARVER
The loregoing instrument s,as acknowledged before me this & dl,y of Au,,, r,u,t
2{)21, by Elise Ryan intl Laurie Hokkanen, respeclively the Charr and Exel-urive bi..-.6i3i tn.
Economic Devcloprnent Authority in antl lor the City ol Chanhassen, a public body oorporate
and politic under the laws of the State of Minnesota. on its behalf.
JENNIFER ANN POTTER
Notary Public-Minnesota
My Commi$ion ExpiotJ.n 31, 2m7
Notary Pu
TIIIS INSTRT]\IENT \\'AS DRAFTED B\':
CAMPBELL KNUTSON
P ro fes s i o nu 1 .1 s s oc i a t ion
Grand Oak Office Center I
860 Blue Gentian Road. Surte 290
Eagan. MN 5512 I
SS
212270! I
ono,M
The follo*'ing property in Carver County. Minnesnta
Lot I , Block I , Frontier Cinema Addition, Carver County, Mirmesota, according to the
recorded plat thereof.
I l22ltl! I
EXHTBIl'.'A"