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Commissioner Ramsey introduced the following resolution and moved for its adoption: <br />RESOLUTION #HRA -12 -10 -009 <br />A RESOLUTION AUTHORIZING THE HOUSING AND REDEVELOPMENT <br />AUTHORITY CHAIRPERSON AND HOUSING AND REDEVELOPMENT <br />AUTHORITY EXECUTIVE DIRECTOR TO EXECUTE THE AGREEMENT, QUIT <br />CLAIM DEEDS, AND ALL OTHER DOCUMENTS NECESSARY TO RECORD THE <br />PLAT OF COR TWO <br />WHEREAS, on October 16, 2012, the Ramsey Housing and Redevelopment Authority <br />(HRA) approved an Agreement relating to the Plat of COR TWO between the HRA and Sophia - <br />Ramsey, LLC (the "Agreement "). In the Agreement, the HRA agrees to execute a quit claim <br />deed in favor of Sophia - Ramsey, LLC to convey to Sophia - Ramsey, LLC any right, title or <br />interest the HRA may have in or to Lot 1, Block 1, COR TWO and agrees to execute a second <br />quit claim deed in favor of Sophia- Ramsey, LLC to convey to Sophia- Ramsey, LLC any right, <br />title or interest the HRA may have in or to Lot 2, Block 1, COR TWO (collectively the "Quit <br />Claim Deeds "). <br />NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF <br />THE HOUSING AND REDEVELOPMENT AUTHORITY, IN AND FOR THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />1) That the HRA's conveyance, via the Quit Claim Deeds, of any right, title or interest the <br />HRA may have in or to Lot 1, Block 1, COR TWO any right, title or interest the HRA <br />may have in or to Lot 2, Block 1, COR TWO is hereby authorized and approved, and the <br />HRA Chairperson and the HRA Executive Director are hereby authorized to execute the <br />Quit Claim deeds on behalf of the HRA. <br />The motion for the adoption of the foregoing resolution was duly seconded by Chairperson <br />McGlone, and upon vote being taken thereon, the following voted in favor thereof: <br />Chairperson McGlone <br />Commissioner Ramsey <br />Commissioner Backous <br />Commissioner Elvig <br />Commissioner Strommen <br />Commissioner Tossey <br />and the following voted against the same: <br />None <br />and the following abstained: <br />Commissioner Wise <br />Resolution HRA -12 -10 -009 <br />Page 1 of 2 <br />