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3) That the City authorizes execution of the Purchase Agreement with RM Property <br /> Management LLC. to sell the Property. <br /> 4) The City authorizes the proceeds from the sale of the Property to be used to pay off <br /> RALF Loan L06-03 and to be remitted to the Met Council. <br /> 5) That the City authorizes execution of an Early Termination Amendment to Lease <br /> Agreement Between City of Ramsey (Landlord) and rm Golf Carts,Inc. (Tenant) if the real <br /> estate transaction is completed prior to existing Lease termination date on May 31, 2025 <br /> 6) That the City hereby authorizes the City Administrator and Mayor to sign any and all <br /> documents necessary to transfer the Property to RM Property Management LLC., <br /> consistent with Charter and State law requirements. <br /> The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br /> Buscher, and upon vote being taken thereon, the following voted in favor thereof: <br /> Mayor Heineman <br /> Councilmember Peters <br /> Councilmember Buscher <br /> Councilmember Riley <br /> Councilmember Specht <br /> and the following voted against the same: <br /> None <br /> and the following abstained: <br /> None <br /> and the following were absent: <br /> Councilmember Olson <br /> Councilmember Stewart <br /> Whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this <br /> the 25th day of February, 2025. <br /> r <br /> ATTEST: <br /> ty Clerk <br /> Resolution #25-037 <br /> Page 2 of 3 <br />