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2013_1118_packet
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Attachment B <br />FIRST AMENDMENT TO MEMORANDUM OF UNDERSTANDING BETWEEN CITY OF ROSEVILLE <br />MINNESOTA) AND HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF ROSEVILLE <br />This FIRST AMENDMENT is hereby made and entered into by and between the City of Roseville ( "the <br />City ") and Housing and Redevelopment Authority in and for the City of Roseville ( "the RHRA ") as of the <br />dates of signatures below. <br />Recitals <br />WHEREAS, the City and the RHRA entered into a Memorandum of Understanding on October 22, 2012, <br />for the purpose of articulating a general understanding of responsibilities regarding the redevelopment <br />of land parcels generally located at the corner of Dale Street and Lovell Avenue ("Property "); <br />WHEREAS, the Memorandum of Understanding provided for modification of the terms of said <br />Memorandum of Understanding through mutual written consent of the parties; and <br />WHEREAS, the parties intend to modify a provision of said Memorandum of Understanding by way of <br />executing this FIRST AMENDMENT. <br />NOW, THEREFORE, the City and the RHRA hereby modify their Memorandum of Understanding as <br />follows: <br />1. Paragraph B.3, shall be stricken and amended to read in its entirety: "Property will be conveyed <br />to the RHRA prior to the RHRA entering into a final development agreement with a third party <br />regarding the Property." <br />1 All other terms of the Memorandum of Understanding remain unaltered. <br />IN WITNESS WHEREOF, the parties hereto have executed this FIRST AMENDMENT as of the dates of <br />signature below. <br />CITY OF ROSEVILLE <br />Mayor Date <br />City Manager Date <br />HOUSING REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF ROSEVILLE <br />Chair Date <br />Executive Director Date <br />
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