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94-058
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94-058
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<br />1. ~~ <br /> <br />-;.::: <br /> <br />~ '\. <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 94-058 <br /> <br />A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A FIRST <br />AMENDMENT TO THE CONTRACT FOR PRIVATE REDEVELOPMENT BY AND <br />BETWEEN THE CITY OF NEW BRIGHTON AND STONY LAKE PROPERTIES, INC. <br /> <br />BE IT RESOLVED by the City Council (the "Council") of the <br />City of New Brighton (the "City") as follows: <br /> <br />Section 1. <br /> <br />Recitals. <br /> <br />1.01 It has been proposed that the City enter into a <br />First Amendment to the Contract for Private Redevelopment (the <br />"Amendment") with Stony Lake Properties, Inc. (the <br />"Redeveloper" ) . <br /> <br />Section 2. Findinqs. <br /> <br />2.01 The Council hereby finds that the Amendment <br />promotes the objectives as outlined in its Modified Development <br />Program established pursuant to Minnesota statutes, Sections <br />469.001 et seq. <br /> <br />2.02 The Council hereby finds that it has approved and <br />executed a Contract for Private Redevelopment between the City <br />and the Redeveloper dated as of September 3, 1993. <br /> <br />Section 3. <br /> <br />Authorizations. <br /> <br />3.01 The Mayor and the City Manager (the "Officers") <br />are hereby authorized to execute and deliver the Amendment when <br />the following condition is met: <br /> <br />Substantial conformance of an Amendment to the <br />Amendment presented to the City as of this date with <br />such additions and modifications as the Officers may <br />deem desirable or necessary as evidenced by the <br />execution thereof; <br /> <br />Adopted by the Council of the City this <br /> <br />day of <br /> <br />, 1994. <br /> <br />~~ <br />Mayor . L~_ <br /> <br />~k- <br />c ty Manager <br /> <br />~~- <br />
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