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Commissioner introduced the following resolution and moved for its adoption: RESOLUTION #HRA 14-07-143 RESOLUTION AUTHORIZING THE EXECUTION OF A DECLARATION OF BOND -FINANCED PROPERTY RELATED TO THE COMMUNITY FOREST BONDING GRANT RECEIVED TO PURCHASE AND PLANT TREES ON OUTLOT A COR THREE (NORTH COMMONS) WHEREAS, on January 24, 2012, the City Council authorized City Staff to apply for Community Forest Bonding Grant monies to install landscape improvements (trees) in North Commons, which parcel is legally described as Outlot A COR THREE; and WHEREAS, on March 21, 2012, the City received notice that its application for funding was approved in full by the MN DNR; and WHEREAS, on June 26, 2012, the City Council approved Resolution #12-06-088, which authorized executing a Declaration of Bond -Financed Property. WHEREAS, on November 8, 2013, the City was notified that Resolution #12-06- 088 and the required Declaration of Bond -Financed Property were rejected for recording by Anoka County due to certain missing elements; and WHEREAS, on May 13, 2014, the City Council approved Resolution #14-05-085, authorizing the execution of a Declaration of Bond -Financed Property. WHEREAS, on June 3, 2014 the City submitted Resolution #14-05-085 and an updated Declaration of Bond -Financed Property to Anoka County for recording; and WHEREAS, on June 11, 2014 the City was informed that Resolution #14-05-085 and the updated Declaration of Bond -Financed Property were rejected due to the lack of a legal description and authorization from the fee title owner, which is the Housing and Redevelopment Authority (HRA); and WHEREAS, the City must provide evidence of recording of the Declaration of Bond -Financed Property to the MN DNR no later than December 1, 2014, which is the last remaining required component of the grant. NOW THEREFORE, BE IT RESOLVED BY THE HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the Ramsey HRA hereby authorizes the Chairperson and Executive Director to execute the attached Declaration of Bond -Financed Property for OUTLOT A COR THREE.