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<br />,I. U <br /> !! <br />-- H <br />II <br /> II <br /> II <br /> r <br /> 'I <br /> !! <br /> il <br /> tl <br /> r! <br /> I' <br /> ,I <br /> 11 <br /> " <br /> .' <br /> ,. <br /> " <br /> 'i <br /> ,.. <br /> II <br /> ~r <br /> I' <br /> I <br /> II <br /> II <br /> i' <br /> I! <br /> Ii <br /> jl <br /> ~ <br /> 1: <br /> jl <br /> I' <br /> , <br /> i' <br /> :1 <br /> it <br /> :j <br /> p <br /> " <br /> i' <br /> ~ 1 <br /> <br />RESOLUTION NO 2554 <br />, <br /> <br />. I _, <br />~ -In .. <br /> <br />I <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br />RESOLUTION MAKING MCCULLOUGH & COMPANY SUBSTITUTE REDEVELOPER <br /> <br />WHEREAS, the City of New Brighton desires to see the old <br />downtown area redeveloped, and <br /> <br />WHEREAS, the City has entere~ into a Development Agreement'l <br />dated December 18, 1981, with Kra~s-Anderson Development <br />Corporation for the redevelopment! of the downtown area, and <br /> <br />WHtREAS, Section 10 of the Development Agreement provides <br />for K r au s - And e r son top r 0 po s e s u b;s tit ute de vel 0 per s tot h e <br />City, and <br /> <br />WHEREAS, Kraus-Anderson has :proposed that McCullough & <br />Company, an Illinois Corporation, be named substitute developer <br />for the hotel parcel as defined i:n the Downtown Development <br />Plan, and <br /> <br />WHEREAS. McCullough & Company has been diligently working <br />on a proposal for a hotel for the downtown area. <br /> <br />NOW THEREFORE BE IT RESOLVED the City Council hereby <br />approves the designation of McCullough & Company as substitute <br />developer for the hotel parcel as defined in the Downtown <br />Development Plan. <br /> <br />..... ,'1.. .' <br />BE IT FURTHER RESOLVED thatlCounCll approval 1S glven <br />subject to all provisions contaihed in the Development <br />Agreement, dated'December' 18.'\ 1981 between the.. City of New <br />Bri ghton and Kraus-Andetson Deve~ opm~nt Co)"pot"at~oll. <br /> <br />11 <br />H <br />~,~ <br />:1 <br />" <br />~ l <br />,I <br />Ii <br />ii <br />II <br />Ii <br />" <br /> <br />Ii <br />n <br />t ~ <br />II <br />'I <br />Ii <br />!I <br />I' <br />! <br />I' <br />,l <br />II <br />I' <br />.! <br />Ii <br />il <br />d <br />~ ; <br />i' <br />Ii <br />:1 <br />'I <br />Ii <br />h <br />l' <br />t! <br />h _ <br />'I' . ..-o- <br />j- <br />ll~"'~~_,,- <br /> <br />;#"" .".'. <br />:; -.: ~ - <br />.1 _ <br />'1- .;. <br />~1~ <br />-; ~::.- <br />ti -'.,.0 <br /> <br />Adopted this <br /> <br />26th day of <br /> <br />JQ.n~ary <br />'. <br />i <br /> <br />. 1982. <br /> <br />.~6~ <br /> <br />r e go B. Hare us. May 0 r <br /> <br />ATTEST: <br /> <br />.:0--... J.,..-. ~ " ..p e... <br />Jame:R'w. -Fornell, Manager <br /> <br /> <br />(SEAL) <br /> <br />..-...................... <br />