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EXTRACT OF MINUTES OF MEETING <br /> OF THE <br /> CITY COUNCIL OF THE CITY OF ROSEVILLE <br /> * * * * * * * <br /> Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of <br /> Roseville, County of Ramsey, Minnesota was duly held on the 11th day of May, 2015, at 6:00 <br /> p.m. <br /> The following members were present: Willmus, Etten, McGehee, and Mayor Roe. <br /> and the following were absent: Laliberte. <br /> Member Etten introduced the following resolution and moved its adoption: <br /> RESOLUTION No. 11221 <br /> RESOLUTION APPROVING A PREDEVELOPMENT AGREEMENT WITH THE <br /> GREATER METROPOLITAN HOUSING CORPORATION BY THE CITY OF <br /> ROSEVILLE <br /> WHEREAS, the City of Roseville (the "City") owns or controls certain land that comprises the <br /> Dale Street Fire Station Redevelopment Project Area(the"Project"); and <br /> WHEREAS, the Greater Metropolitan Housing Corporation (the "Developer") has requested that <br /> the City enter into a Predevelopment Agreement with it in order to provide the Developer with <br /> certain rights and obligations to facilitate the redevelopment of the Project; and <br /> WHEREAS, the City found and determined that entering into a Predevelopment Agreement with <br /> the Developer is in the public interest. <br /> NOW, THEREFORE, BE IT RESOLVED, that the City Council ("Council") of the City of <br /> Roseville, Minnesota as follows: <br /> 1. The Council approves the Predevelopment Agreement, subject to modifications that do not <br /> alter the substance of the transaction and that are approved by the City Attorney, provided <br /> that execution of the Purchase Agreement shall be conclusive evidence of approval. <br /> 2. City staff and officials are authorized to take all actions necessary to perform the City's <br /> obligations under the Predevelopment Agreement as a whole. <br /> The motion for the adoption of the foregoing resolution was duly seconded by Member <br /> McGehee, and upon a vote being taken thereon, the following voted in favor thereof: Willmus, <br /> Etten, McGehee, and Mayor Roe. <br /> and the following voted against the same: None. <br />