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01-086
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01-086
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<br />I: <br /> <br />j ... ~ <br /> <br />.! <br /> <br />.' <br /> <br />,I <br /> <br />2.02 The Council hereby states that the authorizations relating to the Second <br />Amendment presented to the City as of this date supercede past City authorizations <br />as to past second amendment terms presented with respect to the Contract. <br /> <br />Section 3. Authorizations. <br /> <br />3.01The Mayor and the City Manager (the "Officers") are hereby authorized to <br />execute and deliver the Partial Release Agreement and the Second Amendment I <br />when the following conditions are met: ' <br /> <br />A. Substantial conformance of the Partial Release Agreement and <br />the Second Amendment to the form of each agreement presented to <br />the City as of this date, with such additions and modifications as the <br />Officers may deem desirable or necessary as evidenced by the <br />execution thereof; <br /> <br />B. Payment of $2,500.00; and <br /> <br />C. Execution and delivery of a Contract for Private Redevelopment <br />by and between the City and New Brighton Leased Housing Associates <br />I, Limited Partnership with respect to Tracts 3 and 4 of the <br />Redevelopment Property, which contract shall be in form and content <br />acceptable to the Officers as evidenced by their execution; and <br /> <br />3.02 Upon execution and delivery of the Partial Release Agreement and the <br />Second Amendment, all officers and employees of the City are hereby authorized <br />and directed to take or cause to be taken such actions as may be necessary on <br />behalf of the City to implement the Partial Release Agreement and the Second <br />Amendment. <br /> <br />Adopted by the Council of the City of New Brighton this 13th day of November, <br />2001. <br /> <br /> <br />Steve Larson, Mayor <br />/1 }} <br />, ./ /. .., <br />r;/ ,Ii.! /-_. .. <br />Matthew Fulton, City Manager <br /> <br />ATTEST: <br /> <br />~CW>"" fJ~ <br />Kar n Hatley, City Cler <br />
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