Agenda - Council - 11/12/2013 - Laserfiche WebLink

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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #13-11-195 RESOLUTION GRANTING REQUEST FROM SOPHIA-RAMSEY, LLC FOR RELEASE FROM ALLOCATION AGREEMENT ON LOTS 1 AND 2, BLOCK 1, RAMSEY TOWN CENTER 3RD ADDITION. WHEREAS, on September 17, 2003 the City entered into a master development agreement (the "Master Development Agreement" with Ramsey Town Center, LLC; and WHEREAS, on February 28, 2005 the City approved the First Amendment to the City of Ramsey Master Development Agreement for Ramsey Town Center (the "First Amendment"); and WHEREAS, on December 22, 2004, the City entered into an allocation agreement (the "Allocation Agreement") with Ramsey Town Center, LLC and RAMDANCE, LLC related to allocation of improvements, sureties, assessments, and other obligations related to the plat entitled Ramsey Town Center Addition (the "Plat") and the Master Development Agreement; and WHEREAS, on June 25, 2009 the City approved the Termination of Master Development Agreement and Parkland and Trail Plain Agreement; and WHEREAS, the required improvements, sureties, and other obligations as required by the Agreement have been completed. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the City Council hereby certifies that the City has no outstanding assessments that have been levied against the Property pursuant to the Allocation Agreement; and 2) That the City Council hereby certifies that the Property is not otherwise encumbered by any outstanding obligations owed to the City pursuant to the Allocation Agreement; and 3) That the City no longer has the authority to levy assessments against the Property pursuant to the Allocation Agreement as the Master Development Agreement has been terminated. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember , and upon vote being taken thereon, the following voted in favor thereof: