Agenda - Economic Development Authority - 01/08/2015

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R-1 Fbsidential. The intent of this district is to accommodate single-family dwelling units on suitable land with the Metropolitan Urban rvice Area at a maximum net density of three units per acres or four units per acres through the use of Ranned Unit Development (PUD). DELARAl1ON OF RESTRICTI ONS AND COVENANTS The LCA was signed by Waste Management and the MPCA, and was filed with the Anoka County Recorder on March 11, 1998 as document no. 1326786 (abstract) and 308557 (Torrens), item K vatC 'C s/oos■A Cwhich runswith the LMAland, prohibits: • constructing any structure on the LMA without the written approval of the Commissioner of the MPCA; and • installing any drinking water wells on the LMA without the prior written approval of the Commi ssi oners of both the M PCA and the Minnesota Department of Health (M DH). LCA Attachment K 5s1'In416■ ci±w§f Ct#C 6■e Ant / octs■A.C2 was signed by Waste Management and the MPCA, and was filed with the Anoka County Recorder on March 11, 1998 as document no. 1326784 (abstract) and 308555 (Torrens). The Dedaration, which runswith the land, prohibits: • installing any drinking water wells without the prior written approval of the Commissioner of the M PCA and the MDH as identified in LCA Attachment J— t'rta'rC Co L'stj L'41'lir Co r ock.s 1'octs■A.C�E STATE BOND R NANO® PROPERTY The MPCA used proceeds from the sale of Bate general obligation bonds for capital costs of environmental response actionsthat MPCA undertook at the Landfill. Asa result of this expenditure of Bate bond proceeds, the publicly owned property where the environmental response actions were taken became "State Bond Financed Property" as that term is defined by Minn. Stat. § 16A.695. As the owner this Bate Bond Financed Property, the MPCA is subject to the requirements of M inn. Bat. § 16A.695 and any orders or rules adopted by the Commissioner of Minnesota Management and Budget (MMB) under that statute. Minn. Stat. § 16A.695 and the MMB Commissioner's Fourth Amended Order Relating to the Use and Sale of Bate Bond Financed Property (the Order) impose certain requirements on any sale, mortgage, or other disposition of Bate Bond Rnanced Property, or any lease or contract for the use or management of the property entered into by the MPCA Commissioner. The statutory requirements include, but are not limited to, obtaining the approval of the Commissioner of MMB before the MPCA Commissioner enters into any such transaction (sale, lease, etc.) with respect to the property. In order to assure that the requirements of Minn. aat. § 16A.695 and the Order are carried out with respect to all aate Bond Financed Property, the MMB Commissioner requires that a Dedaration be recorded on the property records indicating t hat any sale of the property may be subject to the M M B 4