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Councilmember Kuzma introduced the following resolution and moved for its adoption: RESOLUTION #17-06-159 RESOLUTION AUTHORIZING STAFF TO COMMENCE AN ACTION IN ANOKA COUNTY DISTRICT COURT SEEKING AN ORDER RE-VESTING TITLE TO LOT 2, BLOCK 1, COR TWO, CITY OFRAMSEY WHEREAS, on February 26, 2014, the housing and redevelopment Authority in and for the City of Ramsey, Minnesota executed a Quit Claim Deed conveying Lot 2, Block 1, COR TWO, Anoka County, Minnesota to McDonald’s USA, LLC; and WHEREAS, the Deed contained a right of re-entry in favor of The Housing and Redevelopment Authority in and for the City of Ramsey, Minnesota. Pursuant to the terms of the right of re-entry contained in the Deed, the HRA may commence an action in Anoka County District Court seeking an order re-vesting title to the Property in the HRA if either of the following conditions are not met: a) McDonald’s does not commence construction of the improvements on the Property within 720 days after the date of the Deed (deadline was February 16, 2016), or b)McDonald’s does not substantially complete the construction of the improvements within 1080 days after the date of the Deed (Deadline was February 10, 2017); and WHEREAS, pursuant to Resolution No. 14-12-262 and Resolution No. 14-11-236, The Housing and Redevelopment Authority in and for the City of Ramsey, Minnesota was dissolved and all of the property and property rights owned by the HRA were transferred to the City; and WHEREAS, McDonald’s has not obtained a building permit or taken any steps to commence construction on the Property by the required deadline (February 16, 2016), and McDonald’s did not substantially complete the construction of the improvements by the required deadline (February 10, 2017), so both conditions in the Deed have not been met and the City can commence an action in Anoka County District Court seeking an order re-vesting title to the Property; and WHEREAS, City has an interest in the immediate development of the Property; and WHEREAS, McDonald’s desires to continue to hold the property and develop the site at an unspecified future date; and WHEREAS, City has invested substantial resources into the platting and development of the McDonald’s parcel and the adjacent site in reliance upon the previous agreement with McDonald’s, and desires to see return on its investment. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: