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HomeMy WebLinkAbout89-13 - ADMIN Resolution - Economic Development Authority - 1989/10/02RESOLUTION EDA -13 RESOLUTION REQUESTING CONVEYANCE OF PARCEL OF LAND FOR REDEVELOPMENT PURPOSES WHEREAS, The Hennepin County Regional Railroad Authority, the "HCRRA", owns a parcel of land in St. Louis Park located at 3723 Monitor Street (PID17-117-21-44-0050), the "subject parcel"; and WHEREAS, the subject parcel at one time contained a spur line which no longer exists, and WHEREAS, the subject parcel continues to provide access from the end of Monitor Street to the main right-of-way owned by the HCRRA, and WHEREAS, a redevelopment project has been proposed on a site that includes the subject parcel, and WHEREAS, as part of the redevelopment project the vacation of a portionof Monitor Avenue has been proposed, which vacation would result in elimination of access to Monitor Avenue and the public street system from the subject parcel, and WHEREAS, the Larsen Partners have indicated that they are willing to provide an access easement along the westerly 25 feet of the development site in order to provide access from Monitor Avenue to the main right-of-way of the HCRRA. NOW THEREFORE be it resolved by the Economic Development Authority of the City of St. Louis Park that the HCRRA is hereby requested to convey the subject parcel to a party designated by the Economic Development Authority of the City of St. Louis Park, Said conveyance to be contingent on the conveyance of an access easement to the HCRRA along the westerly 25 feet of proposed redevelopment site stretching between Monitor Avenue and the main right-of-way of the HCRRA. Adopted by the St. Louis Park Economic Development Authority October 2, 1989 loliewt L t� William C. Dixon, EXECUTIVE DIRECTOR Thom y PRESIDENT Attest: