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<br />'I <br />'I <br />'I <br />'I <br />1 :1 <br /> <br />.' <br /> <br />, I: <br />" <br />I: <br />I <br /> <br />CITY OF NEW BRIGHTON <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION NO. 05-029 <br /> <br />A RESOLUTION AUTHORIZING EXECUTION AND DELIVERY OF <br />THE FIRST AMENDMENT TO A CONTRACT FOR PRIVATE <br />REDEVELOPMENT BETWEEN THE CITY OF NEW BRIGHTON, <br />MINNESOTA AND BEISSWENGER'S NEW BRIGHTON <br />HARDWARE, INC. <br /> <br />BE IT RESOLVED by the City Council (the "Council") of the City of <br />New Brighton, Minnesota (the "City") as follows: <br /> <br />Section 1. Recitals. <br /> <br />1.01 The City and the Company entered into an agreement upon a <br />Contract for Private Redevelopment (the "Contract") with <br />Beisswenger's New Brighton Hardwarel Inc. (the "Company") on <br />October 15, 2003, relating to the parcels at 1823, 1853, 1873 and <br />1951 Old Highway 8, New Brighton, Minnesota (the "New Site"). <br /> <br />1.02 It has been proposed that the City enter into a First <br />Amendment to the Contract for Private Redevelopment <br />("Amendment"), so that the Company's business may be relocated to <br />the New Site. <br /> <br />Section 2. FindinQs. <br /> <br />2.01 The Council hereby finds that acquisition of the Current Site <br />and acquisition of the New Site for conveyance to and relocation of <br />the Company promotes the objectives outlined in its Restated <br />Development Program established pursuant to Minnesota Statutes, <br />Sections 469.124 to 469.134, as amended. <br /> <br />'i I <br />.11 :. <br />:: ' <br />I! I <br />