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Section 2. Findin�s. 2.01 The City does hereby fmd and determine that: (a) the Redeveloper has made reasonable efforts to acquire the Redevelopment Property; (b) the Redeveloper has offered what appears to be a fair price for the Redevelopment Property based on an appraisal; (c) the Redeveloper has agreed to provide the security set forth in Section 33 of the Contract to cover acquisition and relocation costs; (d) the conditions set forth in Section 3.4 of the Contract have been met; and (e) the City determines that the requested acquisition will primarily serve a public purpose Section 3. Authorization, 3.01 Pursuant to the above findings and pursuant to the Contract, the City does hereby authorize and direct its attorneys, Krass Monroe, P.A., and staff to proceed immediately to acquire the Subj ect Properties identified on Exhibit C pursuant to authority granted for the acquisition of property for public use by eminent domain under Mins�. Stat. Sec. 117.011 et seq. The City further authorizes its attorneys to settle and resolve any such condemnation action in an amount acceptable to the Redeveloper which, under the Contract, will be solely responsible for the payment of all such amounts, as well as all costs and attorneys' fees incurred in the condemnation action authorized herein. 3.02 The City does hereby find that it is reasonably necessary, proper and convenient, and in the interest of the public health, safety, convenience and general welfare, to acquire fee title to the Subject Properties and other rights and interests in order to construct and implement the Twin Lakes Project. Adopted by the Council of the City this day of ,2005. The motion for the adoption of the foregoing resolution was duly seconded by Council Member and, upon vote being taken thereon, the following voted in favor thereof: and the following voted against: WHEREUPON said resolution was declared duly passed and adopted and was signed �y the Mayor and attested to by the City Clerk. Mayor �