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Agenda - Council - 03/24/2015
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Agenda - Council - 03/24/2015
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3/17/2025 4:02:53 PM
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3/25/2015 10:18:25 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
03/24/2015
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EXHIBIT A <br />CERTIFICATE OF COMPLETION <br />CERTIFICATE OF COMPLETION AND RELEASE OF FORFEITURE <br />The City Ramsey, a home rule city organized and existing under the constitution and <br />laws of the State of Minnesota (the "City") and The Housing and Redevelopment Authority in <br />and for the City of Ramsey, Minnesota, a public body politic and corporate under the laws of the <br />State of Minnesota (the "HRA"), hereby acknowledge that , an Indiana <br />limited liability company ("Developer"), has substantially has completed the construction of the <br />"Minimum Improvements" as defined in that certain Development Agreement by and between <br />the HRA, the City of Ramsey, Developer, and F & C Ramsey Member, LLC, dated as of <br />, 2011, and recorded in the office of the Anoka County Registrar of Titles <br />on , 2011 as Document No. as the same may be amended from time <br />to time (the "Development Agreement") and has fully satisfied Developer's obligations to <br />commence and complete construction of the Minimum Improvements under Section 5.4 of the <br />Development Agreement. The HRA further expressly acknowledges and agrees that Developer <br />has satisfied all of the conditions subsequent of the Right of Reverter that is described in Section <br />4.3 of the Development Agreement and reserved in the Limited Warranty Deed from the HRA to <br />Developer dated , 2011 and recorded in the office of the Anoka County <br />Registrar of Titles on , 2011 as Document No. and that said Right <br />of Reverter has terminated and is of no further force or effect. <br />THE HOUSING AND REDEVELOPMENT <br />AUTHORITY IN AND FOR THE CITY OF <br />RAMSEY, MINNESOTA <br />By <br />Its Chair <br />By <br />Its Secretary <br />STATE OF MINNESOTA ) <br />) ss <br />COUNTY OF ANOKA ) <br />The foregoing instrument was acknowledged before me this day of <br />, 2011, by and , the Chair and the <br />Secretary, respectively, of The Housing and Redevelopment Authority in and for the City of <br />Ramsey, Minnesota, a public body politic and corporate organized and existing under the laws of <br />the State of Minnesota. <br />A-1 <br />2695614v16 <br />Notary Public <br />
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