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CCP 04-12-2011
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CCP 04-12-2011
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CITY OF NEW BRIGHTON <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> RESOLUTION NO. <br /> A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY <br /> OF A SECOND AMENDMENT TO THE CONTRACT FOR PRIVATE <br /> REDEVELOPMENT <br /> WITH APi GROUP HEADQUARTERS, LLC <br /> BE IT RESOLVED by the City Council (the "Council") of the City of New Brighton <br /> (the "City") as follows: <br /> Section 1. Recitals. <br /> 1.01. It has been proposed that the City enter into a Second Amendment to the <br /> Contract for Private Redevelopment (the "First Amendment") with APi Group <br /> Headquarters, LLC, a Minnesota limited liability company (the "Redeveloper"). <br /> Section 2. Findings. <br /> 2.01. The Council hereby finds that it approved and executed a Contract for <br /> Private Redevelopment as of May 10, 2007 with the Redeveloper. <br /> 2.02. The Council hereby finds that it approved and a First Amendment on <br /> October 14, 2008 with the Redeveloper. <br /> 2.03. The Council hereby finds that the Second Amendment promotes the <br /> objectives as outlined in its Development Program established pursuant to Minnesota <br /> Statutes, Section 469.001 et seq. <br /> Section 3. Authorizations. <br /> 3.01. The Mayor and the City Manager (the "Officers") are hereby authorized to <br /> execute and deliver the Second Amendment when the following conditions are met: <br /> 1. Substantial conformance to the Second Amendment presented to the <br /> Authority as of this date with such additions and modifications as the <br /> Officers may deem desirable or necessary as evidenced by the execution <br /> thereof; <br /> 3.02. The Officers are hereby further authorized to execute and deliver the <br /> Second Amendment. <br />
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