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04-61CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA RESOLUTION NO. 2004-61 RESOLUTION APPROVING AGREEMENT BETWEEN THE CITY OF OTSEGO AND D&Y FAMILY LIMITED PARTNERSHIP RELATIVE TO DONATION OF LAND TO THE CITY OF OTSEGO FOR FURTHER CONVEYANCE TO THE STATE OF MINNESOTA FOR CONSTRUCTION OF AN INTERCHANGE AT STATE HIGHWAY 101 AND WRIGHT COUNTY 42 WHEREAS, the State of Minnesota has proposed upgrade of a portion of State Highway 101 lying within the City of Otsego to freeway status with construction proposed to commence in 2006; and WHEREAS, the City must provide Official Municipal Consent to the preliminary design of the proposed upgrade to State Highway 101; and WHEREAS, the original design proposed by the State showed an overpass at the intersection of State Highway 101 and County Road 42; and WHEREAS, the City requested that the State of Minnesota meet with the affected property owners, including the D&Y Family Limited Partnership, and try to reach agreement that would allow an interchange at the above stated intersection; and WHEREAS, the State did meet with D&Y and arrived at an interchange design which the State of Minnesota deemed acceptable; and WHEREAS, the City has determined that the interchange design primarily benefits D&Y properties located around the interchange; and WHEREAS, the City has determined that the interchange does provide some benefit to the overall community in providing additional convenient access onto and off of State Highway 101; and WHEREAS, D&Y has agreed to donate certain lands owned by it to the City which will subsequently be conveyed to the State of Minnesota for purposes of constructing the proposed Highway 101 project which includes on and off ramps at the intersection of Highway 101 and County Road 42 directly benefiting property owned by D&Y; and WHEREAS, the City has met with D&Y and has agreed to provide various means of compensation, in exchange for the lands donated and in recognition of the benefit provided to the City in general due to construction of the interchange; and WHEREAS, the City has drafted an Agreement, attached to this Resolution which Agreement contains descriptions of the parcels to be donated, the terms upon which the City will accept the donations, and recites the consideration that the City will provide in exchange for the donated parcels. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Otsego, Wright County, Minnesota as follows: 1. The City hereby accepts the donation of those lands as described in the attached Agreement upon the terms and conditions stated in the Agreement. 2. The City hereby approves the Agreement and directs the Mayor and the City Clerk to execute the Agreement as presented. 3. The City hereby directs City staff and the City Attorney to proceed to take all necessary steps to effectuate escrow and eventual transfer of the parcels as set forth in the Agreement. ADOPTED by the Otsego City Council this 13` h day of September, 2004. IN FAVOR: Mayor Fournier, Councilmembers: Vern Heidner, Virginia Wendel and Dan Scharber. OPPOSED: None CITY OF OTSEGO ti Larry Fo ier, Mayor 1A