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Councihnember Pearson introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #03-11-292 <br /> <br />A RESOLUTION RELEASING AGREEMENT GUARANTEEING COMPLIANCE WITH <br />DEVELOPMENT CONDITIONS. <br /> <br /> WHEREAS, the City and LaiTy Milless entered into an agreement titled "Agreement to <br />Guarantee Compliance with Development Conditions Established by the City of Ramsey," which <br />Agreement is dated October 26, 1981 (the "Agreement:"); and <br /> <br />WHEREAS, the Agreement encumbers the real property described as follows: <br /> <br />The South 835 feet of the East 417 feet of the Southeast Quarter of the Northeast <br />Quarter (SE¼ of NE¼) of Section 28, Township 32, Range 25 as measured along the <br />East and South lines thereof, Anoka County, Minnesota. <br /> <br />and <br /> <br />The North 209 feet of the South 1044 feet of the East 417 feet of the Southeast <br />Quarter of the Northeast Quarter (SE¼ of NE¼) of Section 28, Township 32, Range <br />25, as measured along the East and South lines thereof, Anoka County, Minnesota. <br /> <br />(the "Real Property'); and <br /> <br /> WHEREAS, the Agreement was filed for record November 17, 1981 as Anoka County <br />Recorder's Docmnent No. 581838; and <br /> <br />WHEREAS, the City has no further need to keep the Agreement in effect. <br /> <br />NOW, THEREFORE, be it resolved by the City Council of the City of Ramsey, Anoka County, <br />Minnesota, as follows: <br /> <br />1. That the City does hereby release the Real Property from the lien of the Agreement. <br /> <br />2. That the Mayor and City Administrator are hereby authorized to execute on behalf of the City <br /> any additional legal documents necessary in order to effectuate the release of the Agreement. <br /> <br />The motion for the adoption of the foregoing resolution was seconded by Councilmember Elvig, and <br />upon vote being taken thereon, the following voted in favor thereof: <br /> <br />Mayor Gamec <br />Councihnember Pearson <br />Councilmember Elvig <br />Councilmember Cook <br />Councilmember Strommen <br /> <br />Resolution #03-11-292 <br />Page 1 of 2 <br /> <br /> <br />