Loading...
Resolution EDA 2005-1OTSEGO ECONOMIC DEVELOPMENT AUTHORITY COUNTY OF WRIGHT STATE OF MINNESOTA E.D.A. RESOLUTION N0.2005-1 RESOLUTION APPROVING CONVEYANCE OF A 5.9 ACRE PORTION OF CITY PROPERTY TO RANDALL L. BEGIN WHEREAS, the City of Otsego desires to acquire a 32.5 Acre parcel from Randall L. Begin ("Begin") in order to construct a future Public Works Facility; WHEREAS, in order for the City of Otsego to accomplish said land acquisition, the 32.5 acre parcel must be split from property that will be retained by Begin that includes his residence; WHEREAS, the parcel to be split is owned by the City of Otsego through the Otsego Economic Development Authority (EDA); WHEREAS, as a result of the said property split, the resulting parcel containing Begin s residence would not have eventual access to 90Street to the South; WHEREAS, current access to Begin's property is to Napier Avenue over a driveway easement that follows the northern boundary of the 32.5 Acre tract to be acquired by the City of Otsego; WHEREAS, the City of Otsego desires to convey to Begin a 5.9 Acre tract located between Begin's southerly property boundary and 90� Street; WHEREAS, said conveyance will provide Begin with access to the South in the event that there is further development of Begin's parcel at which time the current driveway access easement will terminate pursuant to an agreement between the parties; 1 WHEREAS, the 5.9 Acre tract graphically depicted on Exhibit A, and the conveyance of tracts and related conditions discussed herein are described in the Vacant Land Purchase Agreement between the City and Begin. NOW, THEREFORE, the Otsego Economic Development Authority, Wright County, Minnesota, hereby orders: 1. That the 5.9 Acre trace owned by the City of Otsego through the Otsego Economic Development Authority depicted in Exhibit A shall be conveyed to Randall L. Begin pursuant to the Purchase Agreement and in the manner and form approved by the City Attorney. Motion for adoption of resolution by Member Scharber seconded by Member Heidner a meeting of the Otsego Economic Development Authority on the 1 lth day of April, 2005. OPPOSED: Larry Fournier, Jessica Stockamp None Vern Heidner, Dan Scharber, and Mark Thorsted OTSEGO ECONOMIC DEVELOPMENT AUTHORITY 2