Loading...
HomeMy WebLinkAbout1992-232 .II,;;. 1 "l Ill; RESOLUTION NO. 92-232 r WHEREAS, the City Council of the city of stillwater, Washington County, Minnesota, (the "City") on October 20, 1992, considered and passed its Resolution No. 92-227 approving a development contract, (the "Contract") between the city and the Minnesota Zephyr, (the "Zephyr") a Minnesota corporation; and, WHEREAS, in order to complete the action contemplated by the Contract, it is necessary that certain documents be prepared and executed by certain officials of the city. NOW, THEREFORE, BE IT RESOLVED: 1. That the City Attorney, Community Development Director and the city Clerk are hereby authorized to prepare certain documents consistent with the development contract and to review documents prepared by others in furtherance of the contract. 2. The Mayor and the city Clerk be and they hereby are authorized to execute such documents, deeds and mortgages, subordination agreements and estoppel letters as might reasonably be required to further the purposes of the development agreement and to transfer real estate to the Zephyr in furtherance of the development contract. r Adopted by the affirmative vote of all the members of the city council this /0 i:::IJjay of November, 1992. d~rgt:1~ ATTEST: t!~/~1~~ r' .II,;;. 1 "l Ill; RESOLUTION NO. 92-232 r WHEREAS, the City Council of the city of stillwater, Washington County, Minnesota, (the "City") on October 20, 1992, considered and passed its Resolution No. 92-227 approving a development contract, (the "Contract") between the city and the Minnesota Zephyr, (the "Zephyr") a Minnesota corporation; and, WHEREAS, in order to complete the action contemplated by the Contract, it is necessary that certain documents be prepared and executed by certain officials of the city. NOW, THEREFORE, BE IT RESOLVED: 1. That the City Attorney, Community Development Director and the city Clerk are hereby authorized to prepare certain documents consistent with the development contract and to review documents prepared by others in furtherance of the contract. 2. The Mayor and the city Clerk be and they hereby are authorized to execute such documents, deeds and mortgages, subordination agreements and estoppel letters as might reasonably be required to further the purposes of the development agreement and to transfer real estate to the Zephyr in furtherance of the development contract. r Adopted by the affirmative vote of all the members of the city council this /0 i:::IJjay of November, 1992. d~rgt:1~ ATTEST: t!~/~1~~ r'