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NOW THEREFORE, BE IT RESOLVED BY THE CITY OF RAMSEY, ANOKA <br />COUNTY, STATE OF MINNESOTA, as follows: <br />1) That the City hereby declares the Property to be surplus City -owned land, and authorizes <br />the property to be sold. <br />2) That the City hereby authorizes the sale of the Property to MW Properties LLC for Two <br />Million and 00/100 Dollars ($2,000,000.00) contingent on final approval by the Met <br />Council and the contingencies outlines in the Purchase Agreement and Addendum and <br />Amendment to Commercial Purchase Agreement. <br />3) That the City authorizes execution of the Amendment to Purchase Agreement with MW <br />Properties 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 L05-05 and L06-09 and to be remitted to the Met Council. <br />5) That the City hereby authorizes the City Administrator and Mayor to sign any and all <br />documents necessary to transfer the Property to MW Properties LLC., consistent with <br />Charter and State law requirements. <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />, and upon vote being taken thereon, the following voted in favor thereof: <br />and the following voted against the same: <br />and the following abstained: <br />and the following were absent: <br />None <br />Whereupon said resolution was declared duly passed and adopted by the Ramsey City Council this <br />the 27th day of January, 2026. <br />ATTEST: <br />City Clerk <br />Mayor <br />Resolution #26-036 <br />Page 2 of 3 <br />