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<br />612-334-3382 CASSERLYMOL2AHNFLINT 55? P02 <br /> <br />OCT 22"93 09!2la <br /> <br />"" <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MI~SOTA <br /> <br />RESOLUTION NO. 93-131 <br /> <br />A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF A CONTRACT POR <br />PRIVATE REDEVELOPMENT BY AND BETWEEN THE CITY OF NEW BRIGHTON AND <br />THE ROTTLUNO CC>>lPANY. <br /> <br />BE IT RESOLVED by the Cit.y Council (the "COuncil") of the <br />City of New Brighton (the "City") as follows: <br /> <br />Section 1. <br /> <br />S,citals. <br /> <br />1.01 It has been proposed that the City enter into a <br />Cnntril~t. for Private Redevelopment (the "Contract") wit.h The <br />Rottlund Company (the "Redeveloper"). <br /> <br />Section 2. Findinas. <br /> <br />2.01 The Council hereby finds that the Contract. <br />promot... t.h. object.ives ac outlin@d in ; ts Mnn; fi.An DAvfllnpment <br />Program established pursuant to Minnesota Stat.utes, Sections <br />469.001 !It. ag. <br /> <br />2.02 The Council hereby find. that. it has approved and <br />adopted Tax Increment Financing District No. 18 and the Council <br />haa Gpp~oveo QnQ ~doptcd the Tax Increment Finanoing Plan <br />relating thereto pursuant to Minn,sota statutes, Sections 469.174 <br />through .6~.179, incluaivQ, OQ amended and supplemented from time <br />to time. <br /> <br />Section 3. <br /> <br />Aut.horizations. <br /> <br />3.01 The Mayor and the City Manager (the "Officers") <br />a.re hereby QUt.hUL'.i.~tlU Lo execute and deliver the Contract when <br />the following condition 1s met: <br /> <br />Subst~tial conformance of a Contract to the Contract <br />presented to the City as of this dat.e with such <br />additions and modifications as the Officers may deem <br />desirable or necessary as ev!oenced by the execution <br />thereof; <br /> <br />Adopted by the Council of the City <br /> <br />this 2D- day of Ortohp.n <br /> <br />~ <br /> <br />1993. <br /> <br />At1BST :~-'" <br />(~':)?LtI1jAI\"',':'{i1ffii/:tltJ <br />City Man~g'er/ <br />[ / <br />'\ "U_'/ <br /> <br />-- <br /> <br />~- <br /> <br /> <br />.~.,..- <br />c,~ <br />