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2003-01CITY OF CHANHASSEN ECONOMIC DEVELOPMENT AUTHORITY CARVER AND HENNEPIN COUNTIES, MINNESOTA RESOLUTION Date: March 10, 2003 Resolution No. 2003-01 Motion By Ayotte Seconded By Bohn RESOLUTION APPROVING CONVEYANCE OF EDA PROPERTY TO THE CITY WHEREAS, the City of Chanhassen ("City") is in the process of platting SCHNEIDER PARK SECOND ADDITION; and WHEREAS, one parcel of land that will be part of this plat is legally described as Lot 1, Block 2, SCHNEIDER PARK (the "Subject Property"); and WHEREAS, title to the Subject Property is in the name of the Housing and Redevelopment Authority in and for the City of Chanhassen ("HRA"); and WHEREAS, by Resolution 97-29, adopted April 28, 1997, the City created an Economic Development Authority CEDA") and transferred to the EDA all activities, programs, operations and authority of the I-IRA; and WHEREAS, to facilitate the platting process, 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 Chairman 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 Economic Development Authority in and for the City of Chanhassen, Minnesota, this 10th dayof~ fl~ .~c~~_j~March, 3. ~ ~ Thomas A. Furlong, Chairma~{(