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<br />Motion by Councilmember Elvig, seconded by Councilmember Jeffrey, to enter into a Purchase <br />Agreement with PSG, LLC for the purchase of the parcel of land located adjacent to 6811 <br />Highway 10 NW, Ramsey, Minnesota (PIN 34-32-25-21-0014), for a total purchase price of <br />$757,700.00 which amount is to be funded by a Metropolitan Council RALF loan. This motion <br />is contingent on formal approval by the Metropolitan Council of the purchase agreement and the <br />purchase price and upon City Attorney approval of the Purchase Agreement's legal terms upon <br />[mal negotiation with the Land Owner; AND, to authorize the City to enter into a Loan <br />Agreement between the Metropolitan Council and the City of Ramsey for Protective Acquisition <br />of Highway Right-of-Way for parcel located at 6811 Highway 10 NW (PIN 34-32-25~21-0014) <br />in the City in an amount not to exceed $800,000. <br /> <br />Motion carried. Voting Yes: Mayor Ramsey, Councilmembers Elvig, Jeffrey, Dehen, Look, <br />McGlone, and Wise. Voting No: None. <br /> <br />Case #6: <br /> <br />Consider Resolution Authorizing the Termination of the Ramsey Town <br />Center Master Development Agreement and Parkland and Trail Plan <br />Agreement <br /> <br />City Attorney Goodrich reviewed the staff report. He noted that Attorney Tom Bray is present if <br />the Council has questions. <br /> <br />Councilmember Jeffrey stated that he thought terminating the Master Development Agreement <br />would happen simultaneously with closing or would be contingent upon closing. <br /> <br />Mr. Bray stated that this is correct, and this resolution notes that the termination would not be <br />executed until the closing. He noted that there is one change he would suggest in Section 2. He <br />stated that he would like the language to be stricken that states: "This termination is effective <br />when and only when this instrument is recorded in the Anoka County land records." <br /> <br />Councilmember Dehen left the Council Chambers at 8: 16 p.m. <br /> <br />M-otion by Councilmember Elvig, seconded by Councilmember Jeffrey, to adopt Resolution #09- <br />06-135 authorizing the Termination of the City of Ramsey Master Development Agreement for <br />Ramsey Town Center and the City of Ramsey Parkland and Trail Plan Agreement for Ramsey <br />Town Center, with the language in Section 2 removed that states: ""This termination is effective <br />when and only when this instrument is recorded in the Anoka County land records.". <br /> <br />Motion carried. Voting Yes: Mayor Ramsey, Councilmembers Elvig, Jeffrey, Look, McGlone, <br />and Wise. Voting No: None. Absent: Councilmember Dehen. <br /> <br />Case #7: <br /> <br />Consider Proposals for Legal Services . <br /> <br />Assistant City Administrator Nelson reviewed the staff report. <br /> <br />Councilmember Dehen returned to the Council Chambers at 8: 18 p.m. <br /> <br />City Council! June 23, 2009 <br />Page 8 of 11 <br /> <br />P12 <br />