HomeMy WebLinkAbout22-15 - ADMIN Resolution - Economic Development Authority - 2022/04/18EDA Resolution No. 22-15
Resolution granting a temporary construction easement to the
Metropolitan Council for the Southwest Light Rail Transit Project
(Green Line Extension)
Whereas, the City of St. Louis Park (the “City”) and the Economic Development
Authority (the “EDA”) have been working with the Metropolitan Council, host cities, public
agencies and public transit funders to plan for the Southwest Light Rail Transit Project (the
“Project”); and,
Whereas, the Project is an approximately 14.4-mile extension of the METRO Green Line,
which would operate from downtown Minneapolis through the cities of St. Louis Park, Hopkins,
Minnetonka, and Eden Prairie; and,
Whereas, the City residents, businesses, and workers will benefit from the Project
because it will provide an attractive transportation option for residents and workers, and
increase redevelopment opportunities in the City, potentially strengthening the City’s tax base
and expanding employment opportunities; and,
Whereas, the Metropolitan Council, as part of its Project planning and design
responsibilities, identifies properties and right-of-way that are needed for the construction and
operation of the Project; and,
Whereas, the Metropolitan Council has identified certain real property currently owned
by the EDA (the “Property”), a portion of which the Metropolitan Council requires access to
during construction of the Project; and,
Whereas, the Property is subject to a preliminary development agreement between the
EDA, as seller, and Wooddale Station LLC, a Minnesota limited liability company, as Developer
(the “Developer”); and
Whereas, there has been presented to the Board of Commissioners of the Authority a
form of Temporary Easement Agreement (collectively, the “Easement Agreement”) to be
executed by the EDA, as grantor, and Metropolitan Council, as grantee, and consented to by the
Developer, with respect to the proposed temporary construction easement to be granted for
the property legally described therein; and
Now therefore be it resolved, after due consideration, that the EDA hereby approves
and authorizes the grant and conveyance of a temporary, non-exclusive construction easement
over as further described in the Easement Agreement; and
Now therefore be it resolved, that the EDA authorizes the execution of said Easement
Agreement by the President and the Executive Director and the approval hereby given to the
Easement Agreement includes approval of such additional details therein as may be necessary
and appropriate and such modifications thereof, deletions therefrom and additions thereto as
may be necessary and appropriate and approved by legal counsel to the EDA and by the officers
authorized herein to execute said documents prior to their execution; and said officers are
hereby authorized to approve said changes on behalf of the EDA. The execution of any
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EDA Resolution No. 22-15 2
instrument by the appropriate officers of the EDA herein authorized shall be conclusive
evidence of the approval of such document in accordance with the terms hereof. In the even t
of absence or disability of the officers, any of the documents authorized by this resolution to be
executed may be executed without further act or authorization of the Board by any duly
designated acting official, or by such other officer or officers of the Board as, in the opinion of
the City Attorney, may act in their behalf
Reviewed for administration: Adopted by the Economic Development
Authority April 18, 2022
Karen Barton, executive director Margaret Rog, president
Attest:
Melissa Kennedy, secretary
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