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<br />.. <br /> <br />2. . The Ci ty Council hereby approves the Development <br />Agreement substantially in the form presented to the Council <br />and hereby authorizes the Mayor and City Manager to execute <br />the same on behalf of the City, with such addi tions and <br />modifications as those officers may deem desirable or nec- <br />essary, as evidenced by their execution thereof. <br /> <br />3. Upon execution and delivery of the Development <br />Agreement, the officers and employees of the City are hereby <br />authorized and directed to take or cause to be taken such <br />actions as may be necessary on behalf of the City to imple- <br />ment said agreement, including without limitation, upon the <br />commencement under the Development Agreement of the City's <br />obligation to acquire the Development Property, all actions <br />desirable or necessary to acquire the same through negotia- <br />tion, option to purchase, or the exercise of the City's <br />power of eminent domain, which in such events the Council <br />hereby determines to be in the public interest for the <br />effectuation of the Development Program and necessary for <br />public uses. <br /> <br />4. The City Council hereby determines that the execu- <br />tion and performance of the Development Agreement will help <br />realize the public purposes of the Act and are in further- <br />ance of the Development Program. <br /> <br />Adopted by the New Brighton City Council on December 22, <br />1987. <br /> <br />R~ <br /> <br /> <br />ATTEST: <br /> <br />~t~t(s1~t\ -' /., <br /> <br />.Ma'rgare~,: A '-,Egan <br />Fina,nc~ Director /Ci ty Clerk <br /> <br />. .,.-" <br /> <br />( SE~~ ) <br /> <br />- 2 - <br />