HomeMy WebLinkAbout88-025
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STATE OF MINNESOTA
COUNTY OF RAMSEY
CITY OF ARDEN HILLS
RESOLUTION NO. 88-25
A RESOLUTION APPROVING LOT SPLIT OF C. G. REIN DEVELOPMENT PARCEL
FOR TAX PURPOSES ONLY
WHEREAS, C. G. REIN COMPANY ("Rein"), a Minnesota corporation, is developing a parcel of
land (the "Development Parcel") located at 3751 Lexington Avenue North with an automobile
service center and a fast food restaurant, special use permits for which the City Council of the
City of Arden Hills (the "City") has granted Rein in connection with the City's Planning
Commission Case Nos. 88-14 and 88-15 respectively, and
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WHEREAS, Rein has requested that the City divide the Development Parcel for tax purposes,
and those purposes only, because two separate and distinct projects are being constructed on the
Development Parcel, each of the projects will be operated by a separate entity (i.e, Goodyear and
Burger King) pursuant to a triple net lease which requires the lessee, among other things, to
defray taxes assessed to its project (i,e., its portion of the Development Parcel), and
WHEREAS, it would be in the best interests of the City and its citizens for the City's Council to
grant Rein's request,
NOW, THEREFmE, BE IT HEREBY RE5a..VED by the City Council of the City that the
Development Parcel be sp11t for tax purposes, and those purposes only, into two parcels-- Tax
Parcels 1 and 2--the legal descriptions of which are set forth on Exhibits "A" and "B" attached
hereto and made a part hereof.
BE IT FURTHER RE5a..VED, that the Clerk-Administrator of the City be authorized and directed
to furnish certified copies of this Resolution to the Ramsey County Director of Taxation and/or
Assessor's office and to Rein,
Passed by the City Council of the City this 25th day of July, 1988,
Attest:
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GIIry R. Berger, Clerk-Mninistrotlr
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Robert WllldJurn. MltflI'
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TAX PARCEL I
Survey for: C. G. REIN COMPANY
DESCRIPTION:
That certain tract of land in the East ~ of the Southeast ~ of Section 27,
Township 30, Range 23, described as follows: Beginning at the East ~ corner of
said Section 27; thence run Southerly on the East line of said Section 27 for
1291.1 feet; thence run Westerly at right angles to said line for 90 feet;
thence Northerly and parallel to said line a distance of 250 feet to the place
of beginning; thence continuing Northerly along said parallel line a distance of
125 feet; thence run Westerly at right angles to said line a distance of 435.6
feet; thence run Southerly at right angles and parallel to said line a distance
of 125 feet; thence Easterly at right angles a distance of 435.6 feet, more or
less to the point of beginning.
EXHIBIT "A"
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TAX PARCEL II
Survey for: C. G. REIN COMPANY
DESCRIPTION:
That certain tract of land in the East ~ of the Southeast ~ of Section 27,
Township 30, Range 23, described as follows: Beginning at the East ~ corner of
said Section 27; thence run Southerly on the East line of said Section 27 for
1297.1 feet; thence run Westerly at right angles to said line for 90 feet;
thence Northerly and parallel to said line a distance of 375 feet to the place
of beginning; thence continuing Northerly along said parallel line a distance of
125 feet; thence run Westerly at right angles to said line a distance of 435.6
feet; thence run southerly at right angles and parallel to said line a distance
of 125 feet; thence Easterly at right angles a distance of 435.6 feet, more or
less to the point of beginning.
EXHIBIT"B'