2010-05 CHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY
CARVER AND HENNEPIN COUNTY, MINNESOTA
DATE: MAY 10, 2010 RESOLUTION NO: 2010 -05
MOTION BY: Tjornhom SECONDED BY: Ernst
RESOLUTION APPROVING SALE OF PROPERTY
WHEREAS, the Chanhassen Economic Development Authority ( "EDA ") is the owner of
property legally described in the attached Exhibit "A" (the "Subject Property "); and
WHEREAS, the Subject Property consists of public parking areas that are in need of
reconstruction. The City of Chanhassen ( "City ") has agreed to be responsible for completing the
reconstruction of the parking areas upon conveyance of the Subject Property to the City; and
WHEREAS, the Housing and Redevelopment Authority in and for the City of
Chanhassen ( "HRA ") holds fee title to the Subject Property; and
WHEREAS, by Resolution 97 -29, adopted April 28, 1997, the City created the EDA and
transferred to the EDA all activities, programs, operations and authority of the HRA; and
WHEREAS, to facilitate the reconstruction of the parking lots, the EDA proposes to
convey the Subject Property to the City;
NOW, BE IT RESOLVED that the EDA hereby conveys the Subject Property to the
City.
BE IT FURTHER RESOLVED, that the EDA hereby authorizes its Chairperson and
Executive Director to execute all documents necessary in the opinion of legal counsel to quit
claim the Subject Property to the City.
PASSED AND DULY ADOPTED by the Chanhassen Economic Development
Authority, this 10 day of May, 2010.
AT S � I
ejl , i ) 7_ ,a-J---k-A T dd Gerhardt, Executive Director Thomas A. Furlong, Chair
YES NO ABSENT
Furlong McDonald
Ernst
Litsey
151084v1
EXHIBIT "A"
Legal Description of Subject Property:
Outlots B, C and D, Medical Arts Addition, according to the recorded plat
thereof, Carver County, Minnesota.
(Torrens /Certificate of Title No. 27018)
AND
Outlot A, Chadda 2nd Addition, according to the recorded plat thereof,
Carver County, Minnesota.
(Torrens /Certificate of Title No. 19536)
AND
Lot 2, Block 1, Chadda 2nd Addition, according to the recorded plat thereof,
Carver County, Minnesota.
(Abstract)
151084v1