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RESOLUTION AUTHORIZING THE ACQUISITION <br />OF CERTAIN PROPERTY FOR PUBLIC USE <br />BY RIGHT OF EMINENT DOMAIN <br />WHEREAS, the City of Roseville, a public body coiporate and politic (;;City°): with <br />such additional authority granted City under Miim. Stat. � 459.04S-4b9.06S, 1�as adopted E�Zat <br />certain "RESTATED DEVELOPMENT PROGRAM for DEVELOPMENT DISTRICT NO. 1", <br />a copy of �vl�ic�i is marked Exhibit A, attached hereto and incorporated herein by reference as <br />though set fo�-ti� in full; and <br />WHEREAS, tlie City has entered into that certain "CONTRACT FOR PRIVATE <br />REDEVELOPMENT By and Between THE CITY OF ROSEVILLE, MINNESOTA And <br />ROSEVILLE TWIN LAKES, LLC" �'`� vi7!r.���''-��. a copy of �v�iicii is �narlced Exhibit B� attached <br />hereto and incorporated herein by reference as though set forth in full. fil�e project, as <br />contein�lated =_� the Contract, is ���:++��� as tlie "T'��vi�l Lakes Project"; and <br />WHEREAS, pursuant to the Contract, Section 3.1, Roseville Twi� Lakes, LLC <br />('`�tec�eveloper"), was obligated to diligently pursue acquisition of the Redevelopment Property <br />as the same is defined in tlie Contract; and <br />WHEREAS, tlie Redeveloper has provided the City with a report setting forth its efforts <br />to diligently pursue �he acquisition of tlie Redevelopment Pro��rty but l�as beei� unable despite <br />such diligence to acquire six of the Rede�teLopia�e��t Property Parcels as the �ame are refe�red to <br />in tlie Con�ract (the "Subject Properties"), which properties are set forth on Exhibit C, attached <br />hereto and incorporated herein by reference as though set fortl� in fi�ll; <br />NOW, THEREFORE, BE IT RESOLVED by the City of Roseville as follows: <br />l. The City does hereby find and detennine that: (a) the Redeveloper has n�ade <br />reasonable efforts to acquire tlie Redeveiopznent Property; (b) the Redeveloper has offered ti�hat <br />