4B, Resolution 2011-041 Adopting the Special Assessment Roll fof Lexington Avenue Sidewalk Improvements

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__ .. .. .. . .... .. . .. .... � EN HrLLS CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 2011-041 RESOLUT�ON ADOPTING SPECIAL ASSESSMENT ROLL FOR THE LEXINGTON AVENUE SIDEWALK IMPROVMEENTS WHEREAS, pursuani to an agreement between the City of Arden Hills, a Minnesota statutory City ("City") and Inland Shannon Square Cub, LLC, a Delaware limited liability cornpany ("Inland Cub") and Inland Shannon Square �hoppes, LLC, a Delaware limited Iiabiiity company ("Znland Shoppes"), the parties agree as follows: 1. The City would construct certain sidewalk improvements; and 2. Inland Cub and Inland Shoppes would each pay 1/4 of the improvement cost incurred by the City far the construction of the sidewalk ianproverrients. WHEREAS, T�iland Shoppes is the record fee owner o� tax parcel 2370234400�5 located at 3673 Lexington Avenue North, Arden Hills, MN; and WHEREAS, Inland Cub is the record fee owner of tax parce127302344Q013 located at 3717 Lexington Avenue North, Arden Hills, MN; and WHEREAS, the City had campleted the construction of tt�e sidewalk improvements; and WHEREAS, Inland Shoppes and Inland Cub have each acknowledged that their respective parcels will receive a special benefit equal to the proposed special assessment as a result of the co�struciion of the sidewalk improv�rnent and, each waives their rights under the pravision of Minn. Stat. 429, inclnding, but not limited to, the notice and public hearing provisians oi Minn. Siat. 429.031 and Minn. Stat. 429.061; and the appeal provisions of Minn. Stat. 429.08I. NOW THEREFORE, BE �T RESOLVED by the Mayor and City Council that: Such proposed assessment roll, a copy of which is attached hereto and made a part hereof, is hereby accep�ed and shall constitute the special assessment against the lands na�ned therein, and each tract of Iand therein inclu�.ed is hereby founc�. to be benefited by the proposed improvemenis in the amount of the assessment levied agaanst it.