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03/16/2009 - City Council RegularAEI'VDA EAAI~ DITY Oi3N~~L ~~ A 1E~~1N11~AL ENT~F~ BLH~DIN 1b~AR1~1 '~~, ~0~ #. ~O~L BALL AND PILED~E ~F A~t,EIANE I ##. AD~IPT AGENDA I€~. ~t~CO~NIT~ON3 AND PREEIENTA3I~N IV. DNS~NT AGENDA ~orrssr~t ~t~ms ara acfed are w~~h arse rno~far~ r~rrfess a ~,eq~r~sf rs made fog air f~,am to be,v+~ffed r dfsc~ssioro~ `~. A. API'1~OE RU11tdl#TE *'~' E, PEROi~E~ I~EIUt API'i~OE hec~C Registers ~ p, API'RQE ~~$ budge# ad;"ors#ments ~elatecf to pa€Ic~ se~~r~ty k~r Re~~l~loc~r~ ~!~#I~e€ ~nv~r~#ior~ arkd cvos~Etar~# ~~~#s i-ar ar~pneher~~FVe I'ia~ ~apda#~ ~~ E. Al~7HO~##E the fifty Atkorney to €r~it~ai<e coiiectian e~#ar#5 ega~r~st ~espans€~ke ~ar#~es 1=v~ deb#s 3~c~rred t~ the Ci#y re€ated #~ improvemea#s meads #a ~ X85 orporafe eater t]r~ve ~1 F. REE~IIE Frel3mlir~a~y Assessment fall a€~d schedule P~b~ic I-€e~r~t~g {+4~rtl ~ , ~~8~ k~r P~'~~ec# 9~~~ (~~r~~ A~res~l-.e~en~r~ Hllis I~egiv~~l P~r~c - # ewer Ir~proveme~ts} #z} ~, AP~R~1{E J~in# Powers Agreerrxer~t w€th ~a~CV#a ~ocnty far Traf#3c ion#ra~ igr~a€ system ~4~difioatlor~s ~ ki. AP~€t~1{E ,f~in# Powers A~reerr~er~i<wl#h ~a~v#e ~o~nty for F~eg€ar~al Roadway ysfem 1llsior«~r~~ Study ~ ~ I, AP~l~~1{E ,#~Fr~# Powers Agreerr~ent w€#h De~CO#a ~orrnty for ~o~traot g8-4~ {alff€ey Road & ~at7rE #~oad R~~rkdaba~at - St~ee# pail Irr~proverrxer~ts~ ~ 17 ~. Al~~ttOE Arr~er~drn# to ~#alnt dowers Ag~eerr~ent w3tft Dait~ta ~o~nty for TrafFic Oo~tro! ~fgr~a] ystar~ f~alnter~ance ~ A~F~t{31~E Cl~a~~e order f~~, ~ #~~ C~r~tract 08~~1 {Leing#or~-D~fFley Wafer Tare Reoorkditlonmg} ~? 1 ~ L. RECEIVE 131cts aid Aw~rct Contract ~~-0~ (ttywide street Overlay ~r~pravemenfs} Q. ~, Ai''PR~~fE art agreement Ravi#h fit, Croix i-lay€ey €]av~c#sor~ #o lease two m~torcyc~es fir t#~e po€Ice de~ar'krroer~t's #~aftic ur~~t, ~, ~.~ ~#. A~PR~E an agreemert# with Carnlx #ti~~ey a~low~r~g Ea~ari !'ofic~ O~cers to lro ak the lac€Elty #ror~ A#~rll ~ 9,2~, ~. ~. At1E=P~` ~ar~a#ed eran he~llars~ frorr~ the Ea~ar~ ~it~ze~'s erne Preve~,taor~ Assooia#Ion ttlat wlii ~e used #ar #I~e #~a€iee de~ar#rr~s~rt's ~ unl# V. Pi~BL~C FEEAR~NC~S 1~#. ~IiD 8t3INESS V#I. NSW BU9kF~ES 1~1#l. t.E~tLAT~11E f ~I~~ERC~O1fERhiIMRENTAt AFEA~RS t~Pl~A7E I ECONDAA~ DEV~t_OPIMRENT AL~T~IOFtfTY A. ALA TO OR€]ER B. ADOP7 AEI~DA ~. C~lVE~fT AGENDA D. C~~ ~~.IIIdES E, h~E ~€JIIdES ' ' p ler~ #~r ors snary ortcept I ~, EDAFt ~pE REDEELDP~1EtwfT DIT~~~T - A~p~OVe F#evlsed ~feiir~ Afea Redevelop~er~f. ~ ~. CEDAR Of201JE REDEELOPtU9Et+fT DI~`I~iCT - A~~rov~ i1+Easter Reai Est'a#~ P~r~l~aas~ Agreeer~t Wk~l~ I~orar~ P~tf, F. ~~HER Bk~SINE ~_ AD,fOIIRi~t ADM#~iIS~`1~A711fE A~EI~I~A I. V#S#T~R~ 7~ RE HEARD {#o~ tlh~se ~erso~s ~u# oe~ agezrtia~ ~l. CLOSED £$~~N I~~. ADJ~kJ~tl~l4~~1~7 ciiy oI EaQa~ ~c~o ~~: ~i~~YR.13~ Y~~t AID CITY '~UCIL 143 1+1~~1 C'~'1' All14'~lN1'!'l2A'!'E) 1~E13(~E~ T)AT~: ~VIARCF! ~3, 21~~9 CJTC:T: A{:F~1~1 k'~Rr~T~~ ~+'E}R i1'~~C'~i ~. l~Q ~'~Y C`~TICIL ~~T AllC}Y'~' ~1~1 ~1~~~• ~pp~ova~ is givc~ #a #Y~c ~rc~ 1{~, 209 it}F C`o~~c~il m~e~d~, #l~e ~ol~oin~ it~~s aye i~ ~arc~~~• for co~sidc~~#~ar~. A~e~~clti ~nfiar~iion ~n~i~ Ivlch 1 (~4~ 1~'~~at~ C~~p ~'c~ul~cil Il~ee~i~ C`1~IT ,~ F~:]Y1A Tl-le f~llc~v~~li ~€e~.~.s l~rl~ec~ #.o €~s coiiselt~ I#.ems req~lie vile ~ l~ ~110~1017 by the i~}' ~~~it~cil, Il' lie C,~F C`o~axiail v~~is~les to c€FSC~ss any ~f tic ~tcm~ in I~alel~ dei~, #h~se i#.ems s~ia~i~ ~c ~crr~o~Fe~l ~5'crfYi tf~~ C~~nsnt 1~gcnda a~~~ p~aCCd uticle~ (~lcl o~ l~ 13~~si~l~ ~u~3~.ss t~iG disci~ssfor~ rccl~~ircc~ is brie; A. ~~'~'l~~l+; ~TTi; '~'r~1~1 T'(} R~ C:4)1~14ii}F.RF~~I: T~ a}~~~x}~+e lh~ t~zi~~~~~ c>i' ire ivl~xrs;~~ :i, {~f)~1 ~eg~tlar ~~it C;o~it~c~l tzic~#i~tg as presclitd o~ lnoc~ihecl, ~1T'I`t1~T: • Il~i~l~>tcs of plc lVl~ich 3, U{~~3 ~cg~~ar i# ~'o~~icil rr~ee€i~ng eri~lo~~e~i c~xi ~~~ t~iro~~gh .~ i?IA#1~#4JT~ OF A R~~LAR NIEET~I~G ~F TAE ~AAD# DITY CiDL~A1~~L IFa~~arF, Mir~r3esn~a Mar~#~ ~, 20419 A #.istee~ir~~ ess~ar~ was heic# at 6:00 ~.rr~, ~ri~r t~ tine regular i#y 41our~cii ~neetir~g. ~reser~# were Mayor aguire~ o~r~cilr~err~#rars F3ek~3s, 7ikke~r, ~alcice~ arrct I~anser~, There were ~o visitors whe wisi~ed #e be hearc#. A reg€~iar mee#i€~~ of the k<a~a~ pity o~€~cii was field ors Tuesday, 1~11aroh Q09 a# fi;fl ~,r~, of the Eagan @U9~r~ioi~a~ ester. Preser3tweee vapor k~aguire, o~~eikmembers F3ekds, Ti•kep, 9akkcen ar~d F~ar3ser~, Akso ~rese~t were Itp Acfr~ir~istrator tom F~ec#ges, 4~orr3tr~~€aity Devaio~mer~i Direotcr Jor~ l~er~stelr~, pity I~lar~t~er IUlike i~ic#ley, ~'~#}lic ~rk~s I~irec#~r'~orrt bert, Ass3s#ar~# 4~i#y Erg€r~eer ,~vl1~ 4~~~-d~r, pity Attotr~ey ~9ika ~oug#~e€ty, ar~cf Adr~ir3ist~rative ecre#~ry { De~u#y clerk #V4ira Pepper, A4~f N DA €ty Admir~lstrator Flec#ges noted t~tat are item re~ar~irrg or~a~3zattar~a€ blES~3"kESS would 3~e acfdect to the Ac#mir~istrative A~er~da_ 4~o~t~ciii~err3~er Balclcer~ moved. o~r~cikmer~ber ~iiiey se~ao~~~ a rr~~t€ort t~ a~~rova ~e a~e~da as ame~tded. A}~a; ~ k~ay; ~ F~~~Cs3TI~A1~ AA1D PF2E9EA1TA~14?I+1S T~iere were rke recegfl~tloros or ~reserrtatia~s. 4~E}NENT AGENDA 4~o~r~ciier~ber F~ekds rr~ovect, ot~r~oilr~e~~er ~ikkey sed~t~ a o#~ar~ t~ approve tY~e Cor«se~t Agenda as presented, Ape; 5 day: {3 A. #t was recorrsrr~er~c#ecl #o a~prave t11~ rr3ir~~tes 4~ 4~e Fel~reary ~ 7, t9 reg~kar 4~~ty 4~o~r7cii wee#i~g ~r~d tie Fe~7riEarp ~4, ~Q~~ special ~'rty ~ur~ckl meekir~~ ~s pr~seri#2c~. B. ~erserinellte~rs, 'k, Approved cl}ar~g~ in I~~c#C ~+lie~tkkeurioz from a tzar#~t3rr~e c~sto~ia~ to a t~ii-time c~stod~a~_ ~. ft was recomrne€~c#ed to ratify c#~eolc registers dated ~ehr~ary ~~, ar~d l=et}r~~ary 2fi, 2409 as presented, D. It was recommended #a approve a Tree ~Uia3nteo3rice 4f~rot3'actor License for ~lai3ey free Service, Ir~c, E. It was recommended #~ a~~rove the #em~orary ~~-sale E~q~or ~ioerfse a~~d waive the k~car~se #ee for the pagan l-ounda#iorr #or a wire tasting ever~# ~r~ A~rGr 23, 0Q9. F, ~t was recomrr~ended tv accept the dor}atior~ ~f Otl firar{r Dao#a ~~ectric to support ti~~ ~or~e anc# Le~s~re ~o. It was recommended to ap{~rove the engage~er~t o~ ~iessi and lai-r~~r to prov€d~ 3egisia#ive represer3tailon for tie pity regardir~~ tl~e cedar Grove ~ec4ave~opment Distr~c#. !~. It was recor~mer~dec# tv direct s#af€ #o ir~a#ia#e ari ~rdknartce Arr~endmer~t #e #~apter ~ ~, spec'rf~call~ as 3t relates ~a orea#ir~~ reg€~kations for ~~#door pa#3os ~ro commercial districts. I. It was recornmandec# tv directs#af€ #a initia#e an ~rrttr~ar~ce Ar~endme€~t to hatrter ~ ~, specii#~caikp as it relates #o irr3p~e€~er~#i€~~ the Jo3r~# Airport are~ng Board star3c#ards {.~A~}, ,i, i# was recorr~m~rtde[# to approve a ~errrarand~m of ~r3c#erstar~dir~g to car~tir~~e tote Hi~~ ~erforrn~roce Parfriers#~ip {Hi~~}- i# was reeorr~rr,er~de~ t~ approve the ~ia~s arkd s~eci#ioations for ors#ract 49-~~ {~#y~ride street irraprave~er~ts}, 2rlthert~e t~~ actver#isemerr# fcr ~ did o~er~ir~g to ~e hekd at ~~;3Q a,m- on Ti,~rsday, Aril , ~9_ 3 Ct#y C[~~~~c3~ .~r~~icx March 3, ? Y~ge ~„ ## was recorrsrrker3[#ed to aF~rove #~~ ~~ans at~d spec~ficatkar~s far er~~ract ~9-9~ {~~#yw€de ar~ktar~ fewer €_~r«~rfg) and a~ttt~rize the adverfkseent for a ~kd o~ero~ng to ire ~ekd at 'k ~ ;4~0 a.rn, are Tt3ursday, ~aroh ~S. ~0~ at t#te t~tkktty Bu€€dir~ ~ooatect at 34'k9 ~at7an Poir3t, i~9_ €# was recarn~er~c#ed to tt~reof s#a~# t~ ir~itlate aro Ord~~anoe Arraencf~en# to dap#er ~'k, s~ecificak~y as ~t ra3a#es to ~€~i€diri rna#eria~~ #€r~ish starodards. ~!, kt was reoarn~er~c€ed to approve a reso~~tkar~ #o ~rohfbit ~arlctr~g on Opper~ar~ ~~€v~ 3~etwear3 Highway ~ ~~ ar~d Arger~ta bra€~ and are#~ar~ze the ~9ayor aid pity 1srl~ to execute a€~ re~atad door~rr~ents. PEJ~~I~ HEARINC~~ PRQJECT 987, RAH[~L~FF READ ! LEFF LAFtE ROAD ~ €~AH[~ ROAD TRF~T ENIPRQVEMENT ~kty Ad~tt~n€strater I--le~~es Ir~trod~ced #hES ita~ ~ega~d~rtg street i~~rover~eni:s fay ~I~r~ci~i:# I~~ad, ~Ii~F ~a€ce Road ar~d Ra#~n Road. ~~~~~c Works €}irectar oEbe~# lava an ~ve~v~ of tf•Se ~€t~s ~~rr~~re~eros~ve Rave~er~t ~arkage~en# Ryan. Assistant pity i=rrginaer Oo~der lava a staff re~er#_ I~eyar age€r~ aped tt~e puhkic #~ear~r«g_ Thefe being ~o lau~i~c cor~~er~#, he turned the d€s~~ssian I~ac~c #a tie ~o~r~ci~_ ~nci€r~e~t}er ~akckera moved, ~o~n~lr~er~ber F~ekds seconded a ~atior~ to close tl~e fr~~iic hearir~~ ar~c# approve P~oj~ct 98~ , Rahr~ciaff Roac# ! skiff k_a€te Road ~ Ral~r~ #~oad {Street Im~roverr~ents} as ~reser~#ed wifh #txe fok~owEr~g conct~taora~ Aye: 5 day: 0 ~. 3nn~~cte tl~e Akt~rrkate, €€f# t_a~e Road ¢~ed€an Lar~ctscape Irripravernants; and aufl~~ri~e #tre ~re~aratkaro of detai€ec~ pkar~s arrd speoifica#~or~s #~at may #~e let witty€r~ two years after sa€d appra~+a3, ar~d the aoq~~s~tion of rtg#~t~of-wa}r and easerne~t~ ro~~P~ c}~iclc-tale ~inet3i !]o~air~, 3f nocessary. P#2O.~E~ 9~4, ~fAhtftEE DOOQ~E ROAD lYA.NEE ~~ttVE T~tEET tMPR~VEMENT~ t1i#y Adr~kn~strator Hedges ~ntroc~~ced th€s items regard€ng street €rrapr4ve~er~#s far `lar~~COe €}ood€e Road and ~`arEkee ~rRVe_ Assistant pity Er«g€raeer gave a st~i~ fepo~#. Mayor ~19agukre eper~ed the p~b~ic ~ear~rfg, ~f~era ~ei€~g no ~~~ll~ cv~men#~ ~e turned disoussaori ixaok to tie ounoi€_ o~neilme~n~r ~+~1ey moved, o~nc~lraernber Ha~ser~ seconded a mo#3er~ #e close #l~e ~u~iic k~oarirs~ and a~~rove Project 9B~, ar~~ee Drave (street ~rrfproverr~er~ts} as presented and at€#l~cr3ze t#~e prepar~tkan of detalked F€ar~s and speoificat~ons. Ayes ~ fay: {3 OLD BU~INEE ~~09 f~81#l ~1TY OF EAGAN COALS €#y Adrr~i~as#ra#or Hedges d€sc~ssed ttte ~t}t79 l O'i0 goads, r3o#€ng #~at #~e Ckty ~o~n~k #teid a boa€s Refract ie ,~ara~ary for tt ~~rpose of review~r~g t#~e g~7J~~ goads arod aooornpkkshrr~er~ts #o-date far each of those gaals, ar3d dksonssecf recorn~enda#ict~s I•or goa€s in 209 ~ {i9 E}. our~c~~roern3~er f-la~nserk moved, ~o~r3o~irx~ernber Fiields secar~[tad a rnot€er~ to ra#ify e 200912~~~ pity of Eagan aai~ as #cilows; Aye: ~ day; Q tey C:a~a~cil Arii~~~es ~~~c~ 3, 2Q09 t'~tge 3 • I'r~s~rve ar~d ex~arkd ~a~ar}'s eor~~rnio v~#a~i#y by a~a~#€ng ~ar~d use aid f~scai poiicles ti~at er~cvnrage ~a~r~tena~ce art~# ro€nves#~ent 3~ Ea~ar~'s resic#ential anct conl~rc~al ~ra~erties- • hAa~flka€n tie qty's ~or~g stanc#i~g f~sca~iy ~ruc#ent and respor~sit~ie i~~~~~f#ng ap~ro~~h wk3ile ~~rs~Fr~~ Breaker levels o~frsca3 €n~e~er~der~~e ~n~ self Te~3arrce in ~on~-kern ~~dekin~- • l=nsnfe fhe e~o~~fnic carx~~etitive~ess of Eagan's k~~s~nes~ anc# res~dantlal oan3trrkities i~ tt~e global rraarlcetplaoe k}y an#lcl~at~t~g at~c# adc#rsss~r~g the eve~v~rx~ "~rx#vstr~c#~are" #~a~c#widtl~, capaca#y anc# speed reeds al• pagan's res€dsnts, f~us~r~esses ar~d er~p~oysrs. n~port prrk}lio ar~d private ~r}r#€aiaves adc#ressir~~ Ehe C~#y's ~ha~g~r~~ deograp~~cs, ir~cl~dtng lil•~style deeds of tl~e aging ~~p~~at't~r~, Exernplity a bread-based an+~ comprehensive corrrmi#rrxer~t #a envirvnmen~a~ susta~rkab~~ity ar~c# energy el=f€clency E~y 2d4p#irg cor~serva#ROr~ end alterrkative er~er~y strategies ps~rsr,'srr~ #Fre use of local, non-~ol~utl~g, reroewa~ie, and reo}+~e~ res4~rces, while er~co~raging resider~t,5 ~~d k#usi~esses to do I€icewise. • #regkhe~ ~~r corcrr~ur~xky tl~r~~gl~ ~+olurikeerlsm ar,d ci~ric engage~er~t €n t#~e conlr~~rt-sty. NIE BtJ31NESS there ware rya r«ew buslr~ess iterr~s. iLEGILA7IVE ! ~NTEt4~OV~RNMENTAL AI=FAkF~S iJIPDATE Ti~ere were no iterr~s to ~ discr~ssed- The rrieefir~g was recessed at 7:'i~ !~•m, #~ ~rr-srrtedia#~ly convene a eating of kf~e i=co€~ornic Qevelo~n# A~thvri#y. The regn~ar pencil men#ing was recar~ve~ed a# ~;~~ p.rrr- ADM~l~11~TlFtATIVE AGENDA City Adr~~r~~s#rator Hedges rr~fed fhat a cp~y of #ha ~lk_~ ~av~rrimerGt A#lairs t_Iptlate fed keen provided. ~pur~cl~~rterr~ber Tilley s#a#ed #hat she void ~~k~ #a res€gn as the cur«c€I re~resentat3ve to the ~+9TA 1~4a1`~ ^~ ~3~`~CttlrS- pur~c3lrr~erx~ber Balclcen ~ave~, ~r~cilmerr~t}er Fields seconded a ~atior~ to acce~# c4~rrcllrneber Ti€key's resi~naticr~ from #I~e 9kJ11lTA Board p~ Direc#4rs. Aye' ~ Ne}r; fk ayvr ~U1a~oire r~orrkit'i2~#ed ~o~ncilrr~err~ber 1-lans #a serve O!3 tie RU~VTA Boarc# of Dlrecfors. pnr~c3lrr~err~ber Fields seoor~[ted tk~e rrarninaticr~. Aye= 5 -- EVay; g i1kS~TOftS T~ BE H~AI~D T€~ere were ~~ visifors who w3sller# #a be heard. 5 C~#y t~kanc3~ Tv~inu~C:x Iv~arch 3, 2.~Q~# ~"k~ge ~ AQJ~URNMENT OE~13C3~1"I"k~l~3b@~ ~3EkdS ~T~Ved, ~o~,E,c1Ern~~[~er ~i~ley Sec~r~d~~ a En~tE~E~ #a ad~aur~ the rr3ee~i~kg a# ~;'~ Q ~-~. D~#2 At~~€r~ts~i-akive i~cr~#ary ~ Dep~~y 1e~E€ gc~~d~ 'o~~~.#~on c~~o larch ~ ~0 ~aga~ ~'~ty C.ia~nci~ e~~i~3g 13, 1~1~14(}IV1V~L I'~'~~Vl 'I'k~crc arc ~o ~'crsoiuic~ l~~tns to ~~; c~~t~sic~ al if~~s ~~m~. A~ret~c~.~ ln~~r~a~~or~ exr~c~ ~via~'c:l~ X15, {k(}9 Eagan ['~f C?cx~~~cii iViee~i~~ C.. RAT~F C~I~Gi~ ICE{TI~T~,l2~, 'TI~I~Y T~ B~ C'1~I?~RL+'ll: '1'o r~.#~'y the cl~ecic ~~gisters r~a~~d c~ ~, ~0~1 anr~ I1~"Irc~ ~ 2., ~4 presented. z`z'r.~v~': • hc.~c i~~~stcrs dated ~V~arc~i ~, 209 ~~d ~~i~~ ~ ~}0 €~e erlclasec~ itho~~t gage t~~~tn~cr. A~~i~ ~r~iorn~ati{~n ~~tc~ ~rTarc:~ ~ ~4, 2.{1{}9 ~;~~a~~ CiE}~ ou~~ci~ ~r~~e~~r~~ ~}. ~~~r~~~e #l~8 b~de# ~d,~ns~~f~e~t~ ~rel~te~ t~ }police sec~riEty ~Uf' the e~Y~~r~ican I~s~~i~~~~,~ :~~nv~:~,t~+~~ s~~d ~:~}~~~l~s~r~# ~~~sts ion #.#,e C:~-~n~rch~'~xs~vt' t'~~r~ u~d~tte. '~`o a~}~I'o~'e ~~~~ ~713C~~Et ~C~~liSttl]~1~~5 rlatc~ t0 ~ro~LCe 8~CE7f'fty for tEi{~` ~t'~~ll~}i~C~il Ala#ior~ai C:ofivof~#io~ and c{~~ts~] €ar{t casts for t~ ~'~rn~rri~efisivo Y~a~ l~p~~tc, ~t is c~~st~m~ry for tic ~'ol~~cii #o ~'o~t~a~f adjust talc ~l~c~~ct cr tic ~-~ar i:s oorfc~ndec~ ~-fd staff ~~s ooi~~a~icc~ a fist of~~teri~~ ad.~~asef7#~. T~ic~~~y, ~uc~ ajt~st3r~er~#s ~~+e~e a#a~~c~vec~ ~~ t~c~r~c~~t ~,y ~1~~ Cc~~anc~~ ~~ ~n el~~~ tiri~e, bud ~~e b~d~e~ v~~~~s riot foifn~i~~r ~.ci~i~ci, + '~`~ ~c~,~k~st~~cnts are }~ro~•rrkscd for #c 2{}(~~ ~l~d~ot: o ~~cfcas revcr~~{~s ~r~d ccr~c~it~tres ~~F 105,8C~~ for t~~ a~d~ticana~ ~aca~i scct~r`st cc~~t~ ~~~ as~c}ci~~~~c~ rc~vci~~cs fear sci~i~cs ~,rca~i~~.d ~~~ ~i_ ~~~~ ~«r E~t{~ ~~~~~?~i{:.~xt~ ~:io~i~~ ~'o~~ve~~tio~ ~~~ A~~~GS~. o ~r~c~ease omni~f~ity ~]~vel~pnie~t-~'~~nr~ir~~ e~cpeuc~it~~r~s ~y 45,~~~, iti~ ~ cor~csp~~lc~~t~g rcdt~ctiofito ~k-fe orftiencv ~cco~a~t, f~~• scrvicc~ r~t~~crccE #ta ~iois~r~gtcat7 oegl~~• E~~'ot~~ rc~atcc€ to too C}otra~rc~cr~s~~c ~'~ar~ t~~a~a~o. 1•Eer~ ttte ~r~~~~~a{~3 ~,~~~gcts ~erc r~iaarci, it 'vas ~~ilyc~~3a~e€t ~~{13-k3~7 ~'3~r~ ~'{]~7S~aE~117.~ CC],5~~ C]f~~{~ ~7~ S~7TE;[lLt {~V{:;T' {}O~ •c~~3{~ ,~~Ff, bLll ~~e b~~l~C oi't~~e ai vas coil~~~etec~ ~~ ~~18, • o~~. 11~cncfa in#'a~lnt~~iot~ c~no I~iarc~~ i~, (~{~ ila~an C'i~y C:ot~~~i~ ~eti~g F.. A~t~~~~r~~c #~c '.qty t#a~ney #o ini~i~#e colicct~o~x cf#o~-#s aa~n~t #~~~ r~.sp+~~sebic ira~-#ies fay ~a~ts in~~i~-ed #o tie C.`i#y ~elatec€ #o ~~n~~ove~n~~~#.s ~n~dc to ~.8 C"orpor~#e C;ente~ ~l~rive. `f c~ ~~~l~~c~ri~ ~~~ ~~~~p A~~c~r3~ey t~? 3~iiti~~e cc~i~ecfio~ e~'['t~r~~ ~~;~k~r~st #Y~e res~or~si~ile ~~rtfes ~o~ ciek~[s i~c~~~~c~ [o ~Y~e City reiated to ~rovei~ents ~~~ tt? I~ Corporate cf~#~e~~ D~~~~e. • ~'t~~~s~~~r~t. to ~n prii SOS a~~dit co~iti~eteti ~y ~et~~apoiitan Catancii - ~nvirorn~~n#ai crvic~~ ~IviC:L of ~r r~v~i}.a~iiity ~'~€rr~es ~~~1} ~o~lct~d ot~ cot~str4ic#io~ itY~~,ri~~vcn~cr~ts, are ~d€~itia~~ai one [~ l~ni# and rc~~tcc~ City ~rl{' and '~"rcatment ~1a~t c13~~-~es ~r~ tie Ec~E~~ ~~~r>~~i~t {~f ~~,~l~b c~c~e ~ti~~e€i €c> tie ~r~~iy ~~~t p~~~eci ~~e b€~iiin~ permit, • "1'~c s~~c o#'t~c interior im~aravcrncnt prajcct was ore e~~cc~~~i~atcd t~a€~ what was previol~si pro~oscci ar~d ~,a~d #or, res~i#in~ ire a hicr 1LC' col~n#.. • T~~~ i ~ ~}~ ~a.~ i~a~ci ~h~ tiditioai~i ~S,A~' c~~a~•~e ~<} iV~C`~;fi_ • Tie pr~~erty aw~er did i~ot resporlc~ t~ tie City's rec~€~es~s ~'or ir~.y~te~t. * "i'~c C}i#y ~lttort~cy gent ~ ~ayt~tcr~t dc~~an€~ letter o~~ ~a~l~a~v 3~, .(~{~5~, hnt ~o rc~i~c~~sc,~4+~~ rec~aveci. * Tine City A#tor~c iii sic #`or recovery of tine ., i}~nce tY~.rot~g~ conciliation court. r~TTCI~1V~l~T: * i3cand €ct#cr ~e~t y City AEt~•noy rkn .~an~ai 3{}, ~{}U~ ot~ pa~cs _~ ~.- ti~ro~~ii ~• ~ s. ~s~nr JAMES F, SsiH~-.DQT4 £~QiA~. ~, [.,G~TBRTYp MFCfirL. $. IvgQi..EPl~}A$ LQ1~EN M, .Sgci.~fS~ *~ S[iAiZ~N IC f~S RpSHR'i` ~. BACTER" Q ~rdCE A- M~d2~1'~F~ Ae~R+F~'P ~ ~-4R{~AR~'f 3'PEPF~F A. ~i` EE1~1~T, Y,~ON, A P~[]~SSIOP`~AL ASSOC:JATlOi~T Pk'I~R.YS AF S.rIW 3~'i'8 504 734 WFS'~' lA'IT~T ST'R~33~` A~pT.fi YALL~Y, b~C~A 551~4•d5t7 {~52)~432t3~3~ '3'~F~.FSiAX h'iFlrf~$R (~S~) 43~-3780 ~{Li1~i' 3{~, ~~~ vrww.seve,~sa~shesldan.ca~ E-C.iAA.: b~eaaeve~xot,slsrid~on.cwn ~~ I P#~ri~ ~~533~55 ~~IIx If~C. fi,~0 ~rS P~ ~ I~e~t ~~~] ~2~5~ 'ar1]oxa#e ~`.C3~#er Dr~Ye ~~'1Q]3 ~E}f]l~ S#35 ]~e~ ]~ O~ 5.: rwun~*r~x J, ~A.SS~E,i,EiFS$ J3RF.~kN ~. w~S~7pRR'~ hiT["S~ARE. EJ, R'! .RhhMTi-* 1iMYf .Y ~4~C 1V~iE.~.I.4M5 ~9~ J. 5CHAA~ 'f~iO~fAS &, FJONBE,Y 1~"~4Ai 3, ~~S ~~ M. Fii ERIN. ~, S~SRS~#8~. T~.x~ oc~ serves €ws ~egai c~ase~ to tote z#y ~~ fag. 't'he Ci#y ~ssue~ a Buiid~g ~er~t e. ~~}75~75 ter ~u i~rove~en# to ~r~~erEy o~~ed bar yoga. ~. cnctsari with e .l~~i~d~g Pern~~~ you a respo~szble fog etropnlit Cvci1 i?nvi~anmez~al ~vnces ~Iv~~ a~~3 City fewer ~v~fi#y k~arge~ ~~~ as ~ res~1.# o~ tie ~rn~oseci ~ro~er~c~ts. 'mac r~, charges are used on a~#ic~p~te~ sewer usage o~ str~ctiu~es. ~n a r~cen# ~ud~~ it was scovc;ed ghat ~o scope at tie i~teri~r itr~provernen~. project was Coro c:~~cc.r~txate~ t~s~ ~v~at was ~v~tisi~ promised aid pa#~ tor, and t~xerefa~e tine A~ co~xt ~s h~.giter. Eased on ~e ax~dit, ire ~rovi~le fol~owi~~ suati~n: Fee a ,~xrnaan# due ~ ~ urki,t~ i~~.# Ci SAC ~ ~Q4.#}(# 'I"~e fifty of Eagan has ~~rr~vio~s~y xeq~.est re~hurse,e~ a the regnest far payrnerrt has Seen igr3nrec~, ~ie~se ~o~arc€ a ch tie mount of $,,~~ to ~e t.Fndersi.gx~.e~ aw later #han Febary 9, ~0 ~£payment is not received, e ,~ri1~ req~ae,~t r~a~ ,e City ocxi .€~u#h~rize o o£~,en to ~~arsue all ~v~.~IIbie ~ega~ romcc~ies £or tk~e co3~ection ~~ #~e sa,~e. iNrr£YY~IIAi. kTNRxrSYS ALSU Y.~~srFSHD ~IOW~ wESCrnVSmi A2dD IsiISSDL~i #QLW.Eb~fiO C!'$iF~ AS . ~FNAPR RilLS ] ]d UK7H8 2rSII~R~P,50fF'd C3E9$. RUE.H9 OF~RAI'A'FCP ,fFt~r,7s7'r3~ ral&'.4~T4st~x *ta13$A ~Q.4R~ ~G RF.A1 _ PROT'BR~'Y SPEG'fpta3T D~ gad Pr'air'ie Br~sirress errr~r, ~~c, cf~ 7~'~1f~ Pra,~er~t~r fax Dept .~~T Page Very #ru~y your, ~~ l~ober~ B. B~.~~ RB~f~m cc: ~~e c~xoe~~~e~, ~~ie~~~~.~l~~g Qia~ 7"0~ Peep, Chief I~~tartci~l ~~fice3r ~a Age~tda ln~'n~rtns~t~r~n Niem~ a~rc~ y4S, 2~i~11 F~g~~ £:~ty o~nei~ ~Yrec#~~~; ~`. l'1~£l~~i~J('T 9i]~R, i,ii,Ii'~F~IY I~II,Ift itF~~ I'~IL~1 AC:C'~ 'I'~~214~T ~~1 -1~'I1V~I.~ ~1~.14~T'I' It(I~~ AC'TI~1 'I` RI~~ ~'~l~€1~I:~i}: cccivc tY~c ~_~ ~lsscssrltcrYt i~o~~ ~r~r ~~rc~jec~ ~3(}53~ {~c~?ar~oii Hills c~~o~al Par~Cllsnr~g acres ~- ~E'r~zr~~C ~S~~rrr~ ~~~~~~r ~n~r~~c~r~~~t~ ~~c~ sc~edr~ie a ~ru~~ic hri~g to Fac ~~~ c~1~ A~~~~ 2.~, 2049, ~'C"Y`: ~'rc~~cct ~~{~~~ p~'o~ri~~d ~~-~€i3~t st~~nn sevw'cr ~r~prc~v~me~~~ 1'rc~~~ sc~~t~ea,~t Fa~~n ~~,on~ c~~'e~ ~ev3~~r~,cn~lC;~tr~ ~t~~ P~~~~~~ ~~~€c~ aid l~~rc~~t~~s T,~~ra~cu~ T~i~~~ ~~~i1~la~ ~'~rk LIIIP} ~~ way c~ €' ~~ :~~ ~ ,eke a~tc€ iv~c]~c~~.c~~i ~~~c to #~~e ~~~~b13 c stc~~'~~ seu+e~' sy stein ~t Paid L~-S ~ ~~d irtcit~deci tie up~~'cie ~~~' tie ~~~ii~ ~,a~ce lift stop. the project Ac~c~i'csscci tic hooding concerns a~ Li~ItP's drain~~c ontict ire tic ~rc~ izart,~~~cst ~#' Iv~cot~aug~ ~a~CC, yr~c~r~di~g ~.li~'f` l~oac€. '~'Y~c S~Qrr~l sCC~' 3Y13p1'{1~'l'31~GrfF~ 'UVC~'C COF~SirLi~tGC~ AS L)1~~1~ri~C~ drt~ d~~c~sseci 37~ ~~7~ 1'casiil~t~ rc~~rt. • This ~~'oject SAS been s~bstarYtia~~ co~c#cc~, iii ~~~ tic fin~i cofnpor~cnts o#`t~c 1i st~~tir~r~. i~cc only t~~3irk ~tiiit~~ ir~provccr~~s v~F~rc crr~stil~c#cd, tic asscssc€~t_~ ~n~ere tt~~u~a~eci ~~ tic {}(}cJ i:~c ct~:.d~~~e rain ~ikr tie l~~rn-3 ewer '~"s~€~i3~C lJtil~ty a~,d iY~e ~ina~ u.~se~~inent rc}Zi has l~~er~ ~re~~rec~ acco~di~.~l}~, e ~sse~s~nts ire ~aseci upon #.~.~ pity cif ~aga~'s pec~i~i Asse~s~nez~G ~'c~iicy for ~~ stash asscss~ble propei~.ies. ~ '€is ~o~~ is ~ov~F nc7~ rer~ie~ [c~ tie C:c~~nci~ fc~r ~~i~it' co~si~er~ti<}~ c~~'~c~edt~iing ~ ~~~b~~c ~~:a~•i~g to for~~a~i pr~s~i~~ t~~e ~in~t~ casts ~{> ]~~ 3evied ags~r~s~ ~h~ ~~~~~i ~e~ prc~pet~ies, • A ie~ter will die sent #~ *~c iin~actcci ~ropcr~v owners eiicctarAg~n~ thi7t #~ con~a~.# stai`f with c~nestia~s o~' concerns ~rio~' to too ~~ai asscssr~~ct~t ~c~ring. ' `~ ~~i~a1 asse~s~t~~r~€~ a3-e ~~sed ~~cn tine cu3~'~r~~~ ~xp~rc~veci fee ciiec~tkie ~~i' fire Storms e~ve~' Tr~kr~~C ~iz~.y rite as was referenced in tl~e #easi~iitty' i~~3{}rt ~resentcc~ at t~tc p~~biic ~l~c'krlrl~ ~i~~~ On A}' ~, ~~~~. !3 11gc~d~* ~n~~}r~~#i~~n ie~+~ 11~are~x ~[, ~9 Ii:r~~~~ i~ C'a~~cil 11~cc#i~ig {~. I)~)'!`A C.[1~1~V'I`Y TItARFIC' ~!{Y11cAL 1N1~'~t~Y:1V'~' A{~it11~1V~~'!' ~1,C`Ti[lN T[} IF3R C:~11~II~1~~F,i?: Alx~~'c}~+~ a '3"ra~~ie (;~}~3#ro~ Srtg~a~ ~l}~~or,~~~~t ,~~it3~ the Dols o~r~ty for t~~af~c siis rz.i~~~ a~~.ee ~c}~~si~e ~c}aci ~3d i'i]c~€ ~~c~b cad end ant~ori~e t.~e Ivlayor and City C;~criCto eec~xte €~ rei€ttec~ t~oc~~nents. Y+'A~'~: 'the ~~e#~ C`a~n~.y '~'rar~s~ortation f}cpar~.rr~ent has sciied~iec~ i~~reve~ents to cr~~in exis~in~ t~`~f#i~ sig~a~ sys#oms asY 'Yankee ~3oodie o~c~ for the s~t~rn~r of ~,{1{}9. "!'1~cs~ irnrr~vcr~tcr~ts i~c~~~s~c #1~o it~~#a~ation of ~~'iasY~.n~ ~Yciio rr~ ~!= ~l~ ~+ii~ tY~o scl~odu]er~ ~i~Fn~~ 3~eb~itd at t~~; 13~i~c Cross Road a~c~ ~'oacl~s~~a~ load i~~ter~ec~ic~~~ weir ~s ~nin~r ~edesi~'iar~ ~~~~ ~}L~t~{1rE ~~ti~difi~ali~»~~ at €~~ Feci~3`~l ;L]rive intersection, `~ {'«~~t~€}r ~~~c~ it~~ s~!}eci~~ec! is~~~ri~~varnct~ts to tic ti~nir~ ~attcrt~ and si~xia~ ~~~tcrcc~r,~eet e€!ui!}~er3~ ~e]a~ed ~o ~ek'~'~~ e~ct`s~i~g sig~a~ systctns on !'iiot ~{71~1~? E2oad fc}r the su~~iz~er and fi cif {~~~, e ~}+sle~n~ i« ~e ir~~,r~~~~ec! are l~x1aE ~~ tie ls~~~t~ Oaf Read, esca~. load, ~]ccrv~~ooci oci, ]~~~'i.~e oac~ ~~x ~:lii#' Itc}d i~~torsections. '!'~c row in#orco~r~cc~. cclniprncnt. wild i~~~ for fire c~nordin~tion ofthe t~`aE'i~~e sy~r~at s~~si~;r~~s c~r~ ~c~~ Knob load froth ~~~ple alit to ]_,or~o a~C f~o~d. Tral~ic ~i~n~al cc~~~~'cii~~a~ic~n prc}~+~cie~ ~ ~~a~ts ~- r~~ic~ c scgn~cc cgin anci ~} ~f ~een ii<~hts is esta~}lishec~ ~iong ~ series c>I" l~~€"die ~i~,~~~~ ~c} d]]c}~~ liar i~prc~~reci traffic flov~~ between these tr~#fio si~rka~s. • Tie ~'<}~ic;~ T}~~S~r~m~~s~ has ~,lsc~ rec}~e~~~c~ tai it~staliatior~ of "~it~o ~igiits" t~~ assist i~ Ehe cn€~~~'ce~e~~E c}~' ~•ed-ii~ht vic}i~li~~~s, T~~e oaet ]oc~ticrt~s r~~ ~itc ~,I~c ~i~,~s ita~rc not been c~eter~ined at t~s time, ~t~~ i]~ ~i~Cet}+ he in~1]t~ ~1 tie a~~]:t~e ~~ociiel~'iiot tto~ ~ci, ~Catco oodlel~le~m~rk eve aiic~ ~'iiot. Ia~ID~ciCt~oc~ i=lr ire#orscctir}~s. '~~~osc i~,rr~~+}~c~ts ~~~~~1 ~c cott~picteti in the simmer and fail cf ~~9. • An €tgree~nent ~e~.een tiie City of ~a~ z~~c~ t]ze ]~alCC~[~ Cc~~~~~l `i'3'a~x~}c}x'~~Ezcu3 e~aitrnent ii~s ~ecn ~rcparcci prav~~in~ for tie cr~sE, rnai.~.ie~~~z~.ce, and c~~er~tit~ii off' the aforctncntior~cc€ tra#~c si~~~~ irn}~ro~Foments. s set fni•~Y~ in tY~e ~~rcemcnt, the C;ify`s i~i~a~cia] ~~,are «3k ~]~e~~ i~i~r~}ver~~cnts €s 5{}°0 of etc co~~str4~ctia~, c~ginecrir~g, ~~d ar~~~rec~ic}~1 cc~s€s resuitin~ ire ~~ e~li~att:d c:c3st a~`iici~ratii~ri ~'rc~tr~ ~'aga~ oi` 91,~~ #ar tl~e ~` ~S,f}0 for e inte~-cc}3~~~c€i<»~ a~~ci ~,(}Q{1 ~~~~ ~~e R~~.e l,3~~t ~;L;stirrr~te~d 'i`ot~i = ~ i x,{}40}. T]~e agre~~~~r~t has ~e~n rev~~~ci dry fife C}if~~ rlttort~c~ anti ~'t~~iic arks ~}~par#ancr~t end i~ ~,~ ~~~ci~~ ~i~r ~~~rorai}~e c~~t~t~i~ a~~~~~r,. Yt~~: • "'his praject is got inci~cicd tho pity of E~gau'~ ~-ez~~- C:~~ital ~in~r~ve~nent l~ro~r~~ 403 ~ - {} ~ 3~, Hncvcr, seve~~i of the ~i~ned Q4 intersection ir~~rnvcsnc~t }~ro~~cts i~~ ~~e C;it's C'~!' iii nog. ~e consti~~cted this veer die to c~~7~~es ire ~~~'c}~e~~ ~~~~ira~. '~.`]~e3-e~i~~~e, acie~tc fi~ndi~g is ~vai~a~c irs too ll~~or €~~eet ~'~nc~ €c} acct}i~~nnc~r~te file recess{~'y trn}~`t>ve~3~or~is f1~is agreer,~ent ~rc~vicies. /~ g~~d~t ~~tfo~m:~t~i~r, Il~etno 1~~~rc}~ ~, 2~~0 R,g~~ C'.~ty ~~~c~l 11~cc~i~g ~Y..~~t~.l11(:'i' i13-A-1, 'i'~-A~~~VC: ~~~,14'i~N`C ~iJa~~ri, ~nv~r e-~w~'~. i~ei~h#~, f~akrr~x~ C.~t~r~#.y~T..~. RTs(:ri£1~1,r~,~~ ~}t1T~+:14T f~i(}l~il+i~ TiJ~ t~C"~'~~l~I T(~ RF C'[~11~IB~~~: pgrtve a~~eement ~1~. t~#.~ t~unty ci ~rkv~r ix~ve ~~eiits to condti~~t a rog~~i~a~ roa~~~+~v ~y~te~i ~'~s~or~ st~ic€v of the ~orthcr~st~.r~ fag, rio~-tl~o.~tcrs~ ~s~~-cr (;rave i~cits, IV~c-t~~ot~ ~~~ights a~ci ~n~ish ~ ~~i~~; ~rt-cca, ~~d a~t~orir~ the i~yc~3' ar~c~ ~'~t cs~crlc #a ccck~~c ail ro~~tc~l do~~~lr,o~€. i<C-~1': * "L'l~o City a~ ~sagar~ c~~~rc~~~lec~ a "~Vrrr#I~~as# L•'agar~ ~,a~d ~Js~ ~~id~r'' d~ir~7~g tie sk~~~~~r o#-2.{}(}~ t~ ev~~~~a~e lie i~esi a~c~ ~~os# a~ror~a#o ~is~ Fc~r tl~e r~~r,a~~~ir, u~3r~~v~]c~~?ec~ a~~ ~~idei•-deveiop~cl ~~~.d i~l ~t~ia~~n 3. {'.~~~c~a~re~~€ly, the City .~, Inver Give ileits has E~ccn c~ilclt~ctin~ simFla~• evk~aticris o~ the pra~eity lac~tcc~ within the Ior#hv~Fcst arca ~~ th~ii• pity ac~~~cen~. #~ a~r'arthcast corrkca•, (}~~ o~t~~rtr la~tc~ rise s~e~~ri~>s ~n~ludos a ~,~t~~tial now i€~tcrc~a~gc orgy ~~4~)4 ~~a~ «r j~s~ e~~t c~~'t~e c~~xek~t Cc~. .d, 3 c~ver~?~~s. * ~n .{~~~, the [~it of ~,aga~ also ~o€~dtii~t~c€ a 'i'i•~ns~ortation Tn#'rastr~ict~~rc I~cccEs Analysis ~"i'I~V ~i~id ~~ ~der~ti~~S' t#~o scol of ~otonti~l f~r~ #rar~spor~a#ion i~~~,~~~vemer~ts a~~ r~~~ted €3~~~~c3i~ ~t~:-eds noccssary #r~ ~~ee~ t]~e }~•~>~ec[eci der~z~~1c 13~~z-~ cle~~eioprrient. k~iid-t~~t, ~}~r~~ c~f'l~t~ 1~'~r~x~sx~-€~xEit~~~ ~x~eds ic~en.~if~ed i~ this s~uciy hid ~o be limit~cl to cailcept~ ii~r~riZe~7t~ ~ndl~r ~eome#ric can~i~k~ions d~~~ #a lack o#' dctaal~d ~#`arinatiai~ far mature vari~~ls i~ land ~3sc trig g~cratir~r~ at~c~ ~:is~i~t~~~~~~~~tial rcgioi~~i trai~is~ortation ac~css points, • Thy i~esk~iLs off' t~ie~e st€~dies, co~rkE~inecl v~~it~ tie ~'~,f~Flc]~3' prc}~ec~ed c~~vth off` se~~er ct~i~inunities ~ D€~lcata C'o~~rkty ~c}~€k~ c}~`F.a~ a~~c~ Inver drove ~~ei~Ykts, ~rec~icted t ft~t~~rc traf~ie vol~ai~-ics Fli e~ceeci the c~t~~zci#. a#`the end iac~~, county ar~d sta#o ~ra~s7•€a#ion ~acrtlitics i~~ the cneral viciuFty of :V~; ~a~a~ a~cl 1~ 3~~~,1fs. • In ~~~y ~~7, i_]a~COta ok~t~t, the City ~~' diver Czrove ~Ieits anci the iF ~~ ~~~~n co~plctccl c I~ort~-Sol~~h orrFdor '~r~.~Fel ~eiriat~~ ~tt~~y. -~'#~c st~idy c€evo~opc~ ()~{} t~al~~c ~~~3'~t~ts a~td prr~vidcd ,r~~i~ninary ~r~alysis f~~r a'variet rri~ ~•{x~s~ay c~}~tic~r~s ~c} adclre~s tie ~u€ure €a•a~'Itc ,~~rrlu~s i~~ fh~ r~c~~l~-c~r~€~a~ ~€~~tic~~ off' ~al~.~,ta County, • ~3a.~cd on tho ros~]fs c~I' t~~ '~lr~rtit~~ok~th t;orric~or '~'ra~Fel ctt~a~c{ St~id~F, i~ is apparc~t #1~at a rr~~~ti-~~~n~y ~+isir~~ ~`or t~~ roadway systorn its the nrkr#h-~ce~~ra~ pc~r€i«~~ ~>f" ~~kc~~a i~ ~.ecess~a•p•, `~~i~ vi~io~ v~•i~l }~ro~~~~e ire I"r~~x~ec~rk ~«r recoir~ne~~c~ed trsp~~r~ation irri~rove~.e~~.ts, xec~~3rec~ ~~~~ey ~p~~~o~'s, #`~nc~in~ s#r€~te~ie~, i~nri Esc c~ccisions and dcvc~a~ment gh~i. ~'h~ agr~c~e~i ~i~~• lie 3•c~~c~ay v~~~~}r~~1~g s~t~d i~as hccn rcviow~;cl a~~ ~~e~c~e~ a~~ i~eir ~-es~ec~ive ~tt~~riiey~ ~xkci ~~}~~~ ~{~ he irs r~rs~ ~~~r ~~v{~r~~~e c~ur3t~i] co~xsicieiatiori, 'the esti~rkated cost wi~1 ~e dkvzded ~nc~r~~ l~~e ~ge~xcies with ~~C~t~ County ~eiri~ res~onsil~~c €or twa-thErds o~ study ~:ost, the City ~~ ~n~er love ~Iei~h#s res~onsi#~~c for one-.~it~ arkti ~ City of ~~.gark i~espoiisif~ie #`or onc-sixth, '~`hc iV~~or erect ~t~~d ~i~l ~~a~~c ~,aga~'s ostif~atcd sil~rc o~ ~37,~0{). !S A~nc~~ l~xf•~~~ati€,n Nl~mn l~'~arc~ ~~, 2f![!9 i;~~~ C:xty C:uu~c~~ ~'~er.~#~r~g ~. ~~!'1`itA".'i` 4-i~+ Dlk!{Ll+~ lA~_c.~.'~V ~A ~t[}EJAlFIA~i[IiJT Al~~il 'i'i~,~ii, i14'[P#)~1~l~~V'i`~ A(~Ii;it,l4iii,':VT A~'~~~ `[" ~ ~11EID~~I~r3: ~Lp~rave point ~'c~~~+er.~ ~~reennent v~•~th the a~Cr~#.~ C;ot~~ Tr~x~spnr~atr~r~ ~}~~,ar#~no~t ~`~~` t}~c eonsti~actinii anr~ m~~tenance of Contract ~9- ~ ~}iff~o ~2oad ~ ~~~~~~ Read ~~~t~nd~hi~t ~- tl~cct c "~'raii ~rr~r~vcrr~o~t~) ~~d a~~t~c~~ixe ~]~~ iv~ay~~~ ar~d ~'~~ ~er~ tc} eec~a#~ ~~] ro~a~c~ do~~r~o~ts. i1 ACTS: ~~~art~v~~~~f~ Ec} tie i~~~'~~e}~ toad a~tc~ ~a~kn Rr~ac~ irk~~rsect~~~r~ a~~~ t~a~] ~~xzprc~ve3~ers~s c~~ ~~ke ~~orl~ ,~ic~e ~~~~ ~}~~~]e ~t~xa~ ~'~'c~irk ~~~~ i~a~ t~ ~~~ctt~ttt~C Rc}~d a ~~€~~~ned i~ e pity of 11a~~n's -eax aPi~a] ~~~~~'c~~+erk~e3~~ J'rc~~~•a~a~ ACTT'} anc€ ~cata Co~~t~ty~'s ~-~Ccar TT'. • `T~xe T]akc~fa ~'.t~~~s~y Tra~~s~c~r#x~t~c~n J-1~~~r~~~~ ~a~ c~t~ tic ~cad~ag~~,cy ii~r ih~ p~~T3a~~e€~c~n c~~"~~na.I co~ns~x'action ~~~, ~pec~~ycaty~~~7s ~i~~ r~~~,t-oi' ~uav accT~~~-k€3c~i~ ~c~3` the cor~~ct~on of ~ ~~~ti-~~nc ro~n~~.~x?~t a~ e ini~•~ec€~~}n c~~` i~~~e}~ Road and ~ oa~i ~s vw~c~l tt~o dosig~~ ~f a trail on the no~•~ side of ~if#~ey Road fi`a Rfr cad ~o [3~ac~C~ka~v~~C Redd. * ~.xe ~'o~~~Cy ~ka~ a~.ed t~~e ~'i€y tt~ be .e ~e~c~ ae~c ]~o~` corks#r~tc~ior~ ~r~~1~a~r,~~rkt c~~' the ~rc~~o~ec~ irn~rnveents. `t'he ~'~t his ~cceT3ied the lead a~erkc ~ro~e ~ a~ ~~eirr~r~t ~~:l~e~t the ~'it~~ o€' ~a~an axed tau ~a~ca~a a~~n#~r Tkansnr~~~~x T~c~arik~~e~YE. t~~s b~c~ ~rc~~ai~cd PA'o~v~d~s~g #or ~ac~ ~e~~~c'~ cn~~ 3•~s~is3~~1~»~kty #~~]` t~~a ccra~structirri3 end !S'3FE 3~'kt~~lcl9~{;~ ~1s sot forf~ in tic a~.rcco~#, tic ['i#~-'s financi~i i~esponsihiht~~ for the eol~str~3~t~~n c}~'th~ rcxu~r~ac~k~i d~td €ra~I ~]~ ~e 45°~. "I'~o [}i#y i~~ ~c X00°~ ros}~ot~sii~~c for ~~ir~or ~tt]it}~ trk~~rkve~kerkt~ ~c}n~p~e~eci as ~~ri c~ [' Eh~s prrr~~c~, ~;stirr~atci "~"ota~ C;~~~,st~`kx~tin~ Coot- ~,~~~,f3~~. Ci#.}f Share-- ~~,fl~f3, The iV~a~car Street ~u3~c~ will 1~rk~nve the F#.V's sire oft~le cysts. ~.~~{~n c~c~~rk~s~e#~c}~~ c~!' the ~xujecl. ~~e Ci€y ,~vi~~ c respnsi~lc for ~(}~~- r~ft~i~ p~r~ct4u~~ in~.i~~€e~a~ace casts ~~f the ~c~scr~tx~ d st3•~~t ~i~k~~~g. • "~'hc agrccrncri# has ~cctY rcvicvcfcd ~,~F th City llttorr~e €~nd P~~~ic or~CS ~lcp~rt~e ~n~ fs ~n order for fav~rak~~a £~r~~tnci~ ac#ion. ~igcn~~~ ~~~r~rma~~+~r~ 11~cxn~ arc} ~, 2~fl0 ~~~an C'~ty our~c~~ 11~~e~~n~ 1V~~il1Y'1'1~~1A1~C.E 1TH'~'1~~ A~'~'A (;~~1V'~'Y 1~T~~~I ~'~ ~T ~`~Dl;l]: p~~~~~e Sri Asnenc~~-ne~~t to the eis#~rl ~o~r~t ~'oers A~~ment ~~YtL~ i~~ ~}~€cota o~r~ty t~ ~r~~~~do intc~~ncc s~rviocs o~ C.~t owned and o~cratcc€ tr#~c sigtta~~. ~C"Y': • "3'~crc aro b~) tra#~t~o s~g~,~~ sy~tet~s cx~at~r~g i~ #~c C;~t o~ ~aa~t. '~'~'ie '1~ir~a~~~~~ta ~7artont cif `~'~•ar~~~,c~r~~t~c~r~ ar~~]1~~~ f]~e ~~c~~#a ~;ott~# '~'rans~r~~t~ti~»t ~}ea~l~~e~}€ m~ani~i~, ~ ~~' i~e~xi, e City is res~,nsz~~e ~i~x ~na3r~€~~a~~ce cal' #.lx~~ee 3 s~a1s ~ocat~ec~ er~tlie~ on focal city strcot intcrsoc~io~s. • ~~~ a ~.~]{~7, t~~e '.aE Cc~~~xczl ~p~~ovecl a ,SPA if~~ ~)alCC~ta ['~~s~~t tax vide basic m~irtt~~~rtce st~k+3ccs c~~x ~hcse t~~e 3 s~~Fna~~ ~i~~ a ~e€ a~r~ua~ ~ay~x~e~~ of i,~4Q ~e~~ sly sy~te~~, "I'~ic ~aro~ar~scd ~Lrr~~~tc~lne~t ~~c~vicle~ rn~~t~~r ~;~ar~~c:at~nt~s #r~ tct-m~ use 3r~ the ,l3'A a~ ~~~ a~ rt~oc~y~ir~g tie ar~x~~~~ ~a}+rr~€ ~{~3` tote ai~,~e~~t~ce ~erv~ce~, ~l~~eclive Jz~~~~a~y ], .{}~9 #~rxo~ ~lece~r~ber 3 ~, ~1~, #.~~ an3k] cc~~t will ]~e $x,250 der si~;nnal system based ors c~.y's a~ticipatcd st~~ #`o~ thew tirnef~•a~e, ~`he County u~~lll ~~cc~a~~~atc the a~zal rate #'or t~c.~c services ~'or th.c ~eiioc~ ~cgl~t~t~g ~at~~ary 1, 2{]~ t at some point i~ #~c f~t~r~;. C`c}~~~ ~'t~x his ~~.~.nter~uice service hfi~~e ]~ee~x ~~~c] ~~ecl i~ tie 209 bucl~e~, * 't'he Amendment his ~ccn rcvicr;d ~~F tl~c ~'~birc Tasks ~le~artmcnt at~c€ fo~~d to he in order #`or ~avor~h~o Ct~nc~1 acti~~y~. Agenda ~~xfo~-m~~o~x e~xo ~4Tserch ~6, 2~~ii}9, Eags~n (:~E C~,~r~c~l lVle~#x~x ~L~II~[tT{lNll~l~'~'LLI' TA1C ~t~,(:C}l~l~l'~'~1~ilrV{~) A('TI{l~! T[~ B~. C:1~1~~1}~~l~F~: Arc~ve C'1~a1~e ~}r~icr ~~ try [}o~i~rac~ ~1R-{k7 ~Leii~onl.~lii~~e~, '~' ~{ecorlc~itiog~ d a~t~~c~rt~e e iv~a~r~~~ ar~c~ ~'it ~'~er~. tc~ cect~te ~~~ i~iated c~ae~~c~nts. • ontr~~t 0$-~7 ~rovic~o~ for tic rceol~~i~~ot~iri~ €~d re~a~ o~'e ~ein~to~ll3iffle aril ~a~arrt ~oscr~Foirs. hge artier #1 provi~cs #`or the fohoin~: ~ ~`he ori~irial tio~itrat;t cstirri~ted 4 ~~~ee~s t~f t~eha~~ikt~i~ic~t~t~i~ itiY ore ~r~.it for in#t;~€or }~a~i3~~ng. ~~ s~Y~scciizc~i~~y too~C 6' wce~CS with ~tiits. 'Phis cha~~e c~~ci~~' ~e~~3~es ~~e ~a}~~~te~ti ~~~rs from a wce~C~ ~~it i~rietl bass ~o a x~e~otiated ~~~p ~~~. ~Ai=li=] ,0~{}~ a The corlti~~ctor #`~i~cc€ to ~ee~. the spec:i~~ec~ cop~et~c~n dale E~]~]'~ i 0,{x{}0} ~? evisc t1~o c~~x~~~~~t~~~r~ c~atc ~'r~~ corrcctivtF work repairs ~~l~l C'~~IC~Ia; n {a7~g~ tie ~~}~~.~ezxi ~~el~~t>ci ~i~r d~~~i~iiffeatitx~ for tic Sa~a7~ '~'a~k ~ror~~ a eelp. ~•a#.e to ~~~~ Sim base (() {'HA~1£~~; o I~~mera~as chr~n~es to the ~p~ro~ec~ speciixcatxo~.s ~~~r tine ~#~ri Tank ~.o rnir~irni~c f~ttr~tial fi~tl~~c t:~an~c orders {!~[~ ~`~IA~ • Ties ~`h€~~e ~r~er i k~oen iv~eweti by the ~'~b~x~ ~c}r~.s sty#f' d City I~ttorn.e~F's ofFFCC, acec~~cri b t~iC t;or~tractor arit~ #~,aric~ to ~e in order #`or favora~~c nsi~it<ratii~n. A~~~a In~urm~t~un 11~e~~ 11~arc~k ~ Ofl ~~~g~~ E#y C:~~~ei~ 1~~~;ct~~g ~. C:C~1~r'~'T ~~-~~, ~T~'i~~ ST~tEF'~' ~14~~'{)~~FI~i'~' AC:'~'~E}~c T{~ BE E}1~~ll: A~~~ird Co~xtJ-xc~. ~-~1 ~~:ii.~~vw'idc trcu;~ fm~rt~ver~lertEs} aa<~ ~~c ~~#erJ~ate bic# to ~i~1Jli'ESIiCkEES ItoE,t~~ys, ~Jic., #'or tC1e ~~se hick ainE~~nt cif $1,7~7,134.~{~ aJ~d a~sthcx~i~c. l~lC iVlatxr a3~d Ci#y (}~er~C #a ex:ec~xte ~~~ rela#ed doc~Jlrleix#s. • "~}~~ ~trcEr~# im~r~vc~rrcnt~ ~~ c~ ~.C1ilc Ciao 1'VatC~E•s CC~~ {S~~~e~.s - [',it ~i'n~e~ct i)7~.} C) a~hit~~tot~ ]~k`i~c1 ~1~ t~ccF1 ~`~t~oJ`~l 17ri~e (~'rrs~e~t {~7~~ o H~i~'Ex~#~?~~ ~~ig~tsl totY~ P~ir~tJ ~~ac]c~la~v~C {i ~~rl ~Prn,~ect ~)~~~~ o D~pcrt~.~t~ rive (~rojcct ~~~i} o B~uc fict~ti~~l ~aEtd ~Prl~,~~lit I~03~ are ~i~ ~rEx~r~rr~~~:c€ fog 209 azr ~~a ity's 5-c,~>~ Capin] ~rrE~r~xve~3~~n# Pr~xgrast~ {0{}_?{1€ 3~, ^ {~~ ecembc~r ~, 2~0~. the C~Ey' cx~~lrci~ a~J€~~c~rizcd tic s~J~~#. itx~~~J`o~'c#n~Etts #'or ~,~txc ~~{ ~JVatcr~ Area {97~~, ashirtgto~x drivel 81~` ~r~~i{ ;F'cc~i~~ ~ivc X974}, C)p~~t`t~nart rive ~1~0~}, atYC~ F3~uE; Cier~tia~x ~aad {~~~~}. • [)~~ Jar~tila~y 2~, i~0~, t~~~ ~.ity C:n~Enci3 a~ot€xo~'trec~ €hE~ s€i~c€ isl~prc~vc~m~:nis fE]i- ~r~x~tt~n He;ts~ S~oEley I'ni~~t1 €3€~lck€xav~~C (~€en Eleig~~f~o~'hcxxd ~~U~). # 1'CZ~iSe p~'{}~~CtR ~3~V~ ~7~~f7 CC1313~3EEl~d J1~3dEs3' L1tle {:{}3ZtTii{~t ~E]33~.I"ilC:~. ~~-~~~, tE} 3r1C7'er'.i`J'~ ~{:{}rk{]ixli~`~ C}f scExle_ C)~~ ~{e~>rsx~ry ~, 2{}~~<}, t~l~ C'cruExci~ Ei~>praved the ~x~ar~s arld a~EthcxrlceE~ #~~e Kldvei'tis~rlerl€ fca'r srxlicitEi#i~l~ ~# cnElxpe~titi~-c bids #i~r {'~r,#r4c# {}t}-{}] . • Cln ~+3aJ~c~~ 18, 2.~i{}8, the C~~i~ci~ ap~rnved #C1e Ilse off` best-v~x~la~ sE]~icit~~tialx o#' ~iids, as a~ioec~ by ta#c c#rltutcs, prnvidi~~~ #or #hc ~rrElRi~cJ'JrtinEx crf b3E~ders ex~ectec~ }rfE~rEx-Etlii~e ilx re~a#inE~ to their ~~l~kllEttcd ~3E~, At ]{1;3~? ~.r~, ~~~ aJ~ch 12., fnrErlfl€ ~~ids K•lnd tec~7x~ic.~•l~ per~orJ~~ance ~~rn~osa~s frarr~ ~ac~l hic~d~r o~~c ~~ccci~Fcc~ ~'Ok` t~kis p~`o~~~t. • A~~ ~~ds ~aavc ~cctx k'~vi~~vc fo>?' ~crrEZpxiaEtcc i~~ tC1e bid speci~~~tinns ~xEZd aGE~FIt'4C]f nn uo~it pri~.e exictisi~~~s a~~d sutxYt~atial~s, T't~c base hzd fi~Ell E3itrxrrEinn~ls €~oExday~, IEIC,, €~Er75 C3e~tx reviewed by tie ~tYgit~~~rit~g i~risia~~ ~? ~rovid~. t~EC ~cst ~~a~l~e and is i3~ isJ~der fnr #~xvnrEx~~e C:crxxElci~ ac#tlC}J]. ~~~U~: ~1~i ac~<~ ~€~>ur~~€c ]~i<~ ~~' 5,3~ fc~>< fir-c~JJ-~~ s#~~J~g#h C€}EtCJ~t~ ~{lJ' ccra~or~t~ eExtr~txcc repC~xceEx-EersE,sJ r~.pai~`s vas t~~so rlic~:i:vc~c~. ~~c a~€~ratc ~i<~ ~~ r~ceiveE~ to evEx3~iExte #~~ Ei{7~t #i~r pi7n~~`sding Cxig3~- e~Er~y si~er~~~~ cts~ici~ic~ fc~~ ~~: c~rr~ercial ctY~a~~oc.R #i~r t~~ hel~~#i# n# riiE;i~g talc ri~3~~xirlt rrf tiors~ ~~rexi~;rE~~l 3 days aec~~c~it~n~ xxe~:de4€ foi` cuE•i~~ t}xe crrJ~cre~e hefnr~ it gaiE7~ Ott#'~ici~~Elt str~E~a ~l €~ ~lcccal~+~ia~~ v~hic~~ lr~lf~'~c. `~ ~~ ad<~i.€s~iitt~ ~o~# (5,3fi{I} #i~r the r~dk~cEld C(SEl~i7C~fi, ~.k~J'J~l~; rtJ37]~ ~volJtd ~e lea res~t~usibi~i~.y o#' the €~~~iefiti~xa ~ropcr#.i~s via ~pcoiat aCSCSS911fiiE1~ in a~~orc]~Exc~ v4~it#~ t~x~ City ci~~ l~ss~sslx~~rEt ~'~+~icy. ~~. is the sit~~~'s 1'C~f1tlx]El1Qi]~,~tEQE1 #~a# Cris a~fcJ~~a#~c '~ir~ axe ~~rt~ec~ r~•h~x aarc~iiig the avera~l c~+rl:irat;~. ^ ~3id lamrElai, pag~~ , J~ i~A1VlE'')'(~'4 ifll;l[~11T1fiTC)~]~E3~ ~'~? 1'f ~i~A~~{JFiA L~ Ll {)vcrl~y :~ide~val€r CITY C~)N'1'R~1C`1' iF~)~1}rt Afi~ififlY(:T[}1V 1?RI~]~''~T{ ~'~>}~:~2.AL ~}l~ ~R~T 1V~ 9'74 {]vcrla~ O~`k~~.1V~A ~1R~E >~~c~,~rC~ . ~or,Y ~verE~y ~c '1: rzk~l BL~T~ ~;l~'~' GOAD Pl2£kiTCT 1V{l X111}3 {hfcrl~y Bit€ D~telTirne: 1{1;313 ~-rn-, ~huruit~}', ~Viarc~i i, X009 ~:t~r~tracta~~'x To~~l~~se>3id '1'ec~nic~1 Sco~~ ]..._ E33t~ti~xinausi~aadv~~ays.iE-ic. ~k,7(~7,135 ...- ...._. #~-S#i ~.. .. .-.-._kvf~~~l~smara. ir~c. _..~~,i{2{),274 ....~~-~.~ ............. . 3. . . NnrEks~~~~.s€ Asplr~lt, 3rtc, ....... f~~,794,??3...... 7i-C~2.......... 4- ~ . €~.~rdri~+cs, lnc, ....... ~2,i7~i1i, 179 !~-3 3....... . 5.-_.. Valley i'avlit~, laic. ~~.,K(}3,348 ...... ...._ ~-`~~ ~k3cst-vakac conti~aclut~; Adj~xtcr4 Score ="~`t~tat ~85C Eiid1~3'cclti~siEa] Score. Adi~stcd co~c~ 192x~i79 . .... 149.4$5 ...... ?~8.1~7 247.(,1 S ~ "( +Yy^ ~ 'J ~ ~" ~... J Y ~ Mnn Cn ,C* k. ~4.i°"°'~, ~.. 'o'{ x i 3~~{,~I ~ ~{"vv /~~tfi'~j,~y w ~{ ;"'~~ 'S; 4~]~V+"~ ";C~,~~~~ 7f~~ }'14 -71 iii / ,H,,,~;.{" ~.w."! ~s. E7.f ~ ~ ,e~~tf1J r: { ,~{y; !•,'~ ~J 1~2~S ~Lf'~~.v'. ~r MC"~.1"w. ~"'{ 4 4'p»'" ~l,M-+" .. "»,:.~+E .. "^5~ ~4+ ~,^„~~{y~,"»'~ ~~:,~,. ~'C~/'~F ~w ~.~ ~M;~",uM1' * M1-,+;,~C'`y'~:~ J' ». <~ ~r x ~ // ~~44.. ry. yl ~. k m,. i,4, /4+~ ~ .~}1 f~~w .. ~.44*~~.~tl~'~,~,1¢»*+<1~+~•%,.~+'^<,.'lM+w^Y. ~»S +";-S~~i 1f $~L ~rnn~M~i^^'" f:I:<'.%~1~14'#S~{4h ~iSE 7. ~ f~.'J{.~ iL~~~C w:'kyr." ... .. n ..... ........ ..n . 2 ~ b5 b,~ B ~ 7 ?,9 ~ Q .°o-73 - ] €~.5°~4 ~734,5~ ? 0 -1 i , 3 °~4 ~ 1 L { ~ ' 7 7 p / y / y ~ 7 980 ~Sb],557 ~~~~,C17Q -i1.9+~ ~C+25,980 -10,3°~~ lOt7] ',~`] 1{1,47 ~k 12,8iQ -2,3n .~~€ k7,730 ~a.4o 1 ~~;i 4~i{~,224 .°n1~3,7~(} - ] 8,8°~n 9;,53 -10,1°~~ ~'~t&1S aX}7137,X3 ~~,79~,~SU -4.8°l0 '~~,9Q7,~UU ~1U.5"1o ~, ? ~i~p 'v'~ i~fSSZ ~i§TS J"~"" ~f 3 '.k~} a a# ~. *`?~~~ 3~xF ir~'x ~~ „^/`~ ",~,.~~J 1 '' 1 x'~`~."„`,",,%,`''^^H,.~'z'M"~"`xC-.~"".`~~Y~~I~' 4if; . ;y;~;~' -wm.^d ~. .~. ~,-'.*~r{ s. ~ ~ ~~~,./.'~c..~' ,tJ ~'~l`~r~,.'- ! 1~.6. 'i"v,. ,.~,.n.-.R^"''~'~ ~' ~i~/r ~„/~~~,. ~ ~*,rc;:~ ^.^ .,c,'ti%,w^'^4. ~~nr„ ~.^'~I,`<~~r~e,f:~.":r'4'"'^',c%/'Nv"»„"~~ *~'„+<~<~N +;~v k,!'v,~v,~. ,*~!c~~•;,*;:,.~n!,~.~, ~ Y :~"•w,,,+"„f w! ~."~'"~~~,/' ~"~",(,+^~'r car ,.f+ult'tn ~~`_~''5' r~ ~~{' „"'J~„'`:'..k~,, °e. {„~(.,, ~"°~~ '~'~IJ,g¢'~ ~` ~ "°'.` ~ ~ r ^'°'' ~ ~~,vrw v„~ic,~.'n~T~^'^^J'~ ~/~"r`~~i~...~ -''' cs7.; EJ?~~1E~~,~,Y`~,n';'~%?i:2 ~fi#fi'~ v „r*e' ~,l o~. '{9i i'~'~{~;.w'"§`,~~w:. ~~~~~ ~"^~;" `i!y'a~1Si Ss~~i ~ ~.. ~~~f ~'~:~ ~,'+a<ii"{y~e'"yv. ,u~ ,~^"~,r~,~,.{"~'"~,;'~ a-," ~a ,,, .^~'/~ ~~Nx ~. ~~" d ;^{"'*~ `""~' r x w.l~n~*,w.w ~ '~ ~"'~^y/" w-,,,"G;„" ,r *", i'5' k .~w /rc~ ,!w!',•I:w. ^t;%;+, v ~~,:+'~a~~~ . ~~n.~.."~',!NS;I~°w ~•<`:: x';~~rxYf6;'v?,:!'~.~.'.' M'~`~;^'n :~.c;~,c:<S~."~,»,-";;~.~"n~c''! .;ir'~,~'v.~,~ . ,r~,~.,~°~,r „w, ,~ r. ,/,r'M „o~~ ~^'.1,^^:';: ~%• ~,~~~~ ~~[113~'1~#4 G1'~ojr~.~~.~.Const~rtsrtl9-nl,~sid Stiu;rriary Rest~~c~ 1311) ~#J1V)€N9t~Y l~C1i~1!; ~Af ~'4'A'!'~E~:~ .~E~~ P~t.{lifF,'~' I1I~. 7~ {hFerl~y ~o Agenda 'orinalinn ~VTemrx Iaa~c~h j 6, ~~ Ern i# ot~z}ci~ IeeEir~ ;~~Y~I~~'C A~IY~~ ilk. A~~~ror~c a r~ew Lease greer~icni. betwce~. t]~e City ~f l~a~ra3~ ar~d S#. Croy ~Iar~ey Davidson ATi[}l+~ 'TCI B~~ CI~]I~II~~D: '€'~~ ao~ion is ~o ap~~~vc a new case agreero~~t t~cieeri Lbc City of fag artc~ L. ~rni l~arlc}~ D~v~dso~. TT~c ap~ro~~~ r~#'t~is lca ~l~ enable #l~e ~ol~ departrnent~a lease ~~vn 0~ ~o~o~oyc~es €or orte year. Tic dca~ersbi~ ~~~ lc,ase both r~a~~t~~`cc~es is e c~~ at a exrst of ~ eaclx. FAQ: .inco {~{~3 the l~a~a~ ~'~}dice Il~part~zi~ i3as used ~otc~rcyo~os ~cri~ tra#f'ic enforceri~t and other o~a#xe~cl~ ~rograins ~c~ ~r~o~e af~ic sa~e~~ thr~~igbout l~agari. * ~1 ~i-ic~r lease acet?te~# ~va,~ ~eviced ~ ~~e ~agari City A.t~oe aril s~~~eied c~ge~ #o e c~cacxent were rnacio at i~at t~~ne. Ti~ere wcre no s~~s#~ive c~angcs ~o ~c {~{?9 t~ocume~t, Tfie rr~otorcy-c~es ~~evi~~~s~ leased c rctar~ed ~~ ii~e dealcrsl~.i~. By ar~~~i~g #his rtew lease agree~er~t, #~c p~iice c~e~arinie~t wail be able fc~ t~sc `~~e origil s#a~~~x fccs for #.~e Tra~`#ic l~~#`arcer~~~nt Unit were laid i~r~o~gl~ grants fi~in #~e Egan C:iii~erk's Cric Yreven~ion ,4ssrrci~tiarf ire ~~Q3. A~'~~-i~~11~1E~I`~ A cagy off` tl~o lc,ase ~greeix~e~i ~s ~itacl7ed a ~racs - tl~ro~iii . {~~19 F~ATt[1F-~IA~TISC~I la'Lr1'~~'~ LL;A~ T~~~ ~Tt~',~:TvT~:TV`T' ~~ ~x~~e a~~ci e~,~e~'~ci into this 16th ~~~F of farce, 2.{~{}~~ and #~ctu~ccn t, ~'i~ai ~~~xiey-avidsc~u, mac,, a ~Ti~isec~r~~i~~ c;t}~~c~r~i~t~~ ~~ict'e3~~a€~er t~~ '`~ ~~sc~r"} ~n~ tic [}itv of L?A~ai~, ~. ~t~i7esata ~~i}~ci~a~ coi~~]Qi'~tiC]il {hereiix~i~er Eire "~.~essee"~, #`t~i' the ~~r~~ose c~f'f~n+~ing try tic Lcsscc ~l~r1c~~~a~~~.~nn fr~tr~rc~'cics, V4'F~H,~2~.~~, t~~s ~lgrc~c~i is ~r~t~rcc~ E~to b~~ the ~'it ~iidei~ e authority a~At~. #~t., ~~,~~. i a~c~ 4 ~ .,..] . TfL~~l, the Ft~F is desiraus off' ieASiri~ ~.io~c~~'cp'cfe~ ~~»• ids ~}l~ce c~e~?at'~r~~e3~1 i~~e ~r~ p~trc~~ ~t~~ haw ct~forcctncn# city#~cs and T,cssar or c~esir~~~s ~~~ ieasin~ C:~it~1.Fi1 1lli7t{~i~Vi.~.es ~c} tie C.`i €y f i~r ~ r~~s~r~a~,lc; ct~st. 'I~~I~, it is in tie ~e~•t ir~te~'es~ cif' i~~e ['its ate€~ i#s res~~€~rits ~'or ~~ to ~casc tic mo#orcvclcs frari~the Lessor ender t~~e tei~rrts ~n~ ct~~~c~~ti<>~~ c~~`t~i~ I~gr~et~~~rtt. jJ()1~4', '~'~~1~(}l~L, ~asc€~ an ~ ~oi'c~oin~. the ~'~trtaes ~e~etc} agree as folio~vs; ~ . F.~ui~r~~t~€€, {fff9 Ha~'~~y-f~a~+idsar~ Yolicc il~otorcycics F#~~ ~~ coan~icte c~esci'i~~it?~~ prc>v~~ecT c~r~ tie at€~c~eci ~~ec~f~c;ati~ri ~~cc#. '~'hc ~nor~c~ vk-i1~ ~~ ~€~ li~'f'k~T with wir~c~sY~ieid hez~eiriai~er tixe "Iv~~,t~,rc}'cies", 1L~,~ccir~cr~t "~'crtns. "f'~~s ~lgrccrnesit sYi~lli ~e ei~i~ec~ive ~~ oi' the d€e c>[' exec~~~iit~r~ fir a ~xc~~ c~i' ~~ve~v ~~ 2.} rrtt~nt~s. ?v~otai~ceics ~easeci ender this ~rccmeiit €~e #o ~e used i~oz- ~~o]~ce anc~ re~atec~ {kc:~i~~i~ie~ t~~~~y~. TVt~ Marc t~a€~ ~~ ~crsor~ s~a~~ ~,c on a fotarcy'cic ~cascd ~aixciei this ~i~reeir~eilt aid t~xe ~ersai~ r~pe~'~1~~~~ late iVfc~ic~r~ycle sital~ ~ ~~€1-oiftixe~ dry ~a~ ~~~ ~'it ~rn~icc ~o1ic to o~cratc tic r~otoi~ccic. ~'a~~.e~.i ~'eriot~, Lessee ~]3~]~ a~~ one ycar~ ~casc ~a~~mcnt off` (}nc l~o~~ar {!~ ~ .{}~} ~cr otoi~cic, Pa~-~nt ciocs riot iriciade e ct}~~ ~>f' t>~iic~~r~~ t~~ a~id~~Sc~naf ec~~i~n~e~~t ~{lt t~#~G!`374'~sc ~i~clndcd ~n the s}~ccrt~ca#lot~s O#`the Il~otorc.~cies ie~sed ixere~i~dei' As set ~o~'€il ire ~'~ra~~'a~~ ~ a~t~~•~, ~'~~~ rr~~~ir~i~arice «r ins~r~cc casts. 4, T~s€~xa~ace, ,A.t its ~}3~ ex~e~~~, ~1~e f~cscc s~a1~ carry casu~~ty insura~~cc ar~c€ pu~iFC iF€~bi~ity ~ricf ~~~erx c~~~-n€tge i~,~~€t'~r~ce ~uf~~cicr~~ to ~,rt~#c;ci ~hc ~~1~ va~uc of~ t~~c ~4'~otai~cvctes, aizc€ to protect the ~essar ~i~m ~t~il]t in aid ev~is. ~€'~e ises~ee ~~~a~f ~~~'}~ ~~vorkrna~'s cori~pcilsatioii insurance cavei•Fn~ ~ t~~' ]€s e~~i~~c~y~es ~~t~rkir~~; ~>~ ~~~' a~~a~a~ €]~e o~orcvcics. Upari rcc{t~cst, Lessee shaii riiiski to T.essc~r c~rLifica€e~ c}r c~~f~e.~' satis~~ec~ic~~'y. cvicicncc a~ all inst~i~~ncc covcr~gc €~cscri~cd a~iove recf~~t'ec~ ~e~ms ar~d ~:ar~c~iti~ns c}f~ t~i~ Arccl~cnt. 5- ~-Ic~~c~ Harin~~ss ~rtd~~r~ttificat~c~r~ F3~t~uct~ Yat~ics.. 'f`~c Lssc Y~~~`c~y~ ~~.~`c~s to ~Ji70#.eCt, c~ci~e~lc~, i3~tie~~.~a~~}~ a~.c~ ~~t~ic~ i3E~1'~ri~e4ti tt3~ t.~ss~~rs ~~~, to tic tim~t~ <r~' the ~E~~~c~i.3~~ irn~t~it~, as ~ra~idcd ~y st~tc stat~tc ~i~a~ a~ci against ~m)r and ~~~ io~scs, ger~ities, dairi~f~e5, S~~t~~t3~tEil~s, CC]~t5, char~cs or ether ocnsc~ or ~ia~~lit~cs ai`~sin~ ot~t ~#' tic ~c~~Egcr~cc Cx~ t~iEw Lessee o~~ ~ er~~].oyees iu i~ie use or oper~.iic~~~ cif lire [49c~forc~~clcs ~~~.~cs~ iter~E~n~e~, ~3E~~ ~lc>t ~<»' a€~~~ ioss, c~a~rn. darna~e, action ai` e ~ik.e arising obit cry' the r~e~ii~erzce acts ~~' the lessor, i~otl~~ng in tl~~s 1Lgrcctnc~3~ s1~a~~ he cot~s#r<~cd to ~~i~Fe ~ail~F ruts, ~riviic~cs, itn~nitics, or tart C~ki3-E~t~~;~ l~in~~t7~~r,s a~a~~a~~ t~} the ['~ty~ ~~r~dcr ~'~dara~ or str~tc ~~u~, i~t ~~~c a~•ar~# a~~F ~crsor~ ar p~~i•€}~ ~riri~s c~~r~ a~~i~xt the City as ~ r~s~3l c>E" too use nr oerat~c~t~ ~~€" a c~Ec~yc~~ 1o~scc~ ~~i~c~ei~ this ~;reeruent. f~. Lics~s. '~'hc Lcsscc siY~i~ slat dir~ectiy oi• inc~irect~y ~:~ate, incu~•, ~ssurrie err suer ~c~ ~;xist any rr~ortga~c. picdgc, ~ict~, charge, cr~c~lnbi~ance Oi` clams Un ~,r with respect tc, t~~e i~~f~~tc~rc~•ctcs, except with res~cctivc rights o#` the Lessor a~ herein ~ro~~ir~ed, Lessee sl~i prc~n~t?t~y, at is owe c~,cnsc, take suc~i actirr~~ as ciic, cr~c~arr~brx~.ncc or c~i~~n not expected t~~c}ve ~€"t3~e sart3c sha~~ aria at arty iz~~e tiuc t~~ Lscsscc's actiaii or inaction. 7. 'Fei7i~.s ~~xd Fees, 't'he Lessee si~a~~ ~,ay a~~ a~~arca~ariate t,axe~ c» secs, rar si~~~~ar ci~ar~cs iinposcc~ ~y ~-irtuc off' the Lessee's c}~~+r~e~;~h~~.~, ~c}ssessic~ri c}r ~tse c~~' tic ~4'[~~fc~rc~ctcs ~ii~ring tic farm of this f'~grccrncnt. 8. Care d LTsc of ~c~u~piricrz~., '~'hc t~e~sc}r a~~`~;chs t~~ mair~iai~ the ~~tc~rc.ol~;s ~r~rs~~a~t to tic inanu~act~ici•'s star~c€ard aril preve~.~x~+e ~~aa~xtc~~artce pi~~cedures a~.c~ rec~r~~-stt3or's~~ti[a~s. 11~~ rc~,airs arlc~ mair~tcs~ancc sh~l~ ~c ri7~de ~t #. i~Oi ~iai`ic-avir~sor~, Luc., ~Q~~ ~3~~~v~y 15~, T~e~4r Rtclzr~lc~nc}, i~c;c~rESin X4(117. 't"hc t.,csscc, at its o~~-r~ cost a~ci xpcrise, s~~ erts~~re c~eii~rei~y off' the il~otoi~cycle~ t<r the a~ro~7c as~~i~`css at ~~~1ar ~~ainte~at~cc ir~tcrva~s set up 6y~ Lessor in accordance with the sei~~+ice ~cl~eci~€1e ~s pru~~i.deci in tk~e c}v~~~' r~lar~tEa~. '1~c Lessee shad ~,rotcct the 3~~to~`cyc~cs fi~o~ det~erioi•~tian other tiinormai weir ai-tc~ tea~~. `fie t.~s~ee sha~~ ~~~e ~3~e icrtt~~cyc~~s ~~r~` ~,o~icc rcfatcr~ acti~-itics oii~, without a~sc, ails shah riot ~x~~k~ ~ne~c~~~.ic~€~cr~~, ~i€er~tions c}r txr~diti~~~s to tic otorcyc~cs a#hcr than s~ortr~a~ aperatin~ ~u:ces~o~r~es or c~?ntits} ~vitht~ut .e ri€t~,~ c~~rrsrlt c~~~ho ~.c~sc~r, ]~ych shat r~~~f ~,c t~t~rcasoria~l withheld, `i'he Lessor sham i~~xve ii~e ri~~t, ~~~~r r«~€~~j+~~ T,e~see, a~~c~ ctu~~~~g rcgu~ar ~~sit~css hods to cntei` upot~ t~~c premises where the 1~"~c~~c~rcyt~les a~-e ~c.~tec~ in t~xde~• Ecr incc#, a~scr~-c or othcrv4~isc protect the Lcssoi•'s iiite~rest, axx the ~-,essee shy a#~'orc~ t~iei~. tae re~~c~~ah~c rrpport~~nity to ~o so. ~}, an~a~e err Tleric~ra€~~}~~ ~r~` il~crit~rc;y'c€cs. ~u the c~Fcnt tic tl~otorc~Fcics arc partilp. c~x~ed o~• ciest}fec~ due to the ~~e~x~~t acty~~r~ of tic l~csscc err its cm~r~o~ccs price` to the end o#'tiie tei o#`tii~s Agreement, the Lessee v~~~1] i3r«7r~i~t~ have ih~ iv€~rt~r~-cycles ~-~pairod anc~ restored to thcii• oi`igir~a~ con~i#ion at~d orkir oic~e~r ~€ E11e~r ex~~e~se, T~~ ~Ze case a#'thei~ trr €c~~~~ ~c~ss ~~~ any ~~~` the ~atcr~`c;yc~cs, tic ~`cpiacc~ent v~~iuc of each Iv~otoi~cc~e sill die e~+exxte~n ~'~t{~usa~c€ T'rc~ ~ iu~ct~~ci ~~~c~ Tir~~ty ~)rri~~rs '~ ~ 7,~~~. 2 l{}, ~2~des~ l2csa~~€ii~ty ~r~d I'rivii~. '~'ha Lcssec shall he ras~or~sik~~a for ~ccci~g #~e IV€otcr~yc]~s} ~~~~r~ ~~~ liar ~'~po~'€tr~~ ~13y re7~•s nccd~~ #cr the lscssor. '~'ha ~.~~se~ r,~a~. a~~o r~~e~s Lo use t3x~ ~~~to~~yc~es to Lr~v~~ tt, a~xc€ €~'c}3n c~~}c, }~'~~~~~c~er~ tai ~~~ iv~«it»-s~c~e~ ~~'e ~u~~~- ~s~rac~ b tie ~,esse~ at~c~ mat #.~~ c~istrce to .d ~i~am 1~4rClr~C ~~ ~~~ ~nc~~'e 1~.~~~. ~.~ii't t1} miics aac~ v~~-. t I . I ~~+~~is ~>€' ~e[~~] E anc~ ~t~nrt~s. Lcs~cc sha1~ ~c dcrncc~ to ~~ i~ ~~#`al~~t of th~~ A~~ree~~er~t €~~?c~~ t~~ k~~pp~~~~~~g t~~~~~~~ c~~" tote Fi~~~o7n~ ~;vcn#s of da~`a~i1#: {~} Lessee f~i~s to iTia~cc ~~inerit c~# ~ ]e~~~ c}r c~[]Zer ~r~a~en~~ ~~ec]~~xed ~re~~~~ier; ar ~Fi~ ~,~~s~e ~ai~~ i~~ cc~~~~r]y ~~~it~ ~7~ ~~Y~ar tcr, cova~n#, o~ candit~o~ coy#aincd lJ~a~r~ the oce~xrrcr~cc a# any cvant o#` t~afa~~t as spec~~ec~ ~6o~~e. s~a~lc~ ~.e~see fail to ~ers~et~y ~~c:h ~ve~t ~k~ ~el~~~l ~~+it~ a~~ ~'~~~c~r~~h~e drts~xatch uT~thit~ a ~~rioc~ o#` #hi~`ty X34} days, lessor s~~~ ha.~e ~.ie ri~h#., ~e~' 1~Viit#.~il zio~x~.e tc} the ~.~ssca, to ~~rsuc a~}~ c~~` fh l01~o~~7n~ r~rr~cdias: ~~ ~t~~re~~~~~~~~~n ~>3' t]~e ~~t~~~'c~c~cs. inc~~~dit~g ~ i•~ght #~ sa1~ ar ~casc tic o€c~rc~rc~e ~~~~' .e ~~cco~~i off' l~~e ~,e~~~e, anr~ ~i~~~€~ ~css~;c ~ia~a I'i~rt a~~ ~ravn~~r~ts t~~ to tfie e`ectFVe skate of st~~.~ sa]e car ~~a~~- ~,es~c~r ~~a ~c~~c~ ~fes~e~ ~~a~,~e~ ~"n~• ~ difference of ~~iFic-~#~ ~vY~c~ ~va~]c~ ~e ciu~ ~~c~.~r E]~~ A~~-~~r~~ ~r~d ~~e a3rio~r~#. i~ccc~vcd ~iy #~~~ ~,cssar far the s.e ~~~• ~~~ ~~~~ t~~e cto~'c~yc~es t~~c~~~ dafa~x~t. ~2.~ A~~ ac€itk~~ ~f ~~ ~}r i7~ ec~~E~ty~ tr3a ~p~ar t~accss~t to ca~lcct tYic p~~F~ar~#s then clue arc} t~l~r~a[~~r ~c~ ~ec~>~e c~~~, ~~~ to ar~fa~ce ~crfar~nance aid ohservat~ce of tux o~ik~g~~on, ~xe~ine~.t o~ c~~v~r~~n~ ~~~' ~scsscc ~~c€r this r1~~stncr~f, ~.ass~r s~ai~ tic deeir~ac# to he i~ def~.t~~t ~~~c~e~' 1~~~ Areemer~~ ~~c}~~ ~~t~]~re i~~ t~~m~~~}~ with tcrtr~, cavarta~t or co~ditioi~ ~~ci~ein. ~, rnu~3c~~a~ ct~t~'aofrto~3 ~~s: Mayor ~7a~~ ~.3~F: far~a Pe~o~r~e~ Sato ~#: [~iF ~'ie~ ~. ~SAk ~~~~1~ 7 -f ~{~ T ~~a ....... . Ry: _ _ Ito ~t~: ~- 4 ~ } ?[){}c~ Har~~~F ~avrt~srr~ [~'~c~t~et ~ ~'~,~"~'!'~ lV~o~o~c~-c~c {V'~~ ~# 1Y~~~]~~~'!?1~~~4fi587~~?~. ~} ~~ ~~~~~ey ~l~~~ds~~ ~4~ode~ # ~~L~~T~'~ 1v~c~€;~rc~+~:~~ ~T ;~ 1 TiT~~ ~T'V~~ ~9~5 7~~~}. (~ ~Lgcndm lni'ortt~a~i~n lVfem~~ Iv~~~ch ~C~, 249 ~aga~ pity out~c~~ Iv~eeti ~:~1T G~~1~A: I. A~p~ove an ~g~e~xnc.~t wig e Iv~~~so#~ I~Iaii~r~a~ u~rsi, a31~vir~g La~~ ~']i~e C)icers to ~rair~ at Cate Ripley ~'rnr~ April -.4, {9. T~[?l~'I'{3~F C:~1~D~~1: Tile ~Eion is app~ave ~ lease ag~eeer~# between the itv ~f ~g~n and tEie ir~~esota ~vatio~ai yard-art~p Ripley. Tic app~~v~~ cr~'t~is le~sc will enabYe the p~~yce cJeartrr~er~~'s ta~t~cal #c~rr~ to cor~~le#e its ~nn~~l ainir~g. The tactical te~rxn l~a~ ~cvio~sly cortcJ~c~ecJ ~~nual trying ~~ C:am~ i~ley. '~"he lease ~eesr~cnt was r~,rieed ~y the pagan City Atfornc and s~g~csted ch~ges ~o tie docent were made a~ that time, 'his #rais~i~g ~v~ a~~rovecJ ~s l} o~ ~~~e C~ b~cJget. AT'I'AE1V T copy o~'tl~e ~easc agreert~e~~t is a#taclied as ages ~ t~ro~ LEA.$ UiB~I~ D~-~6f ~~~ 'his iese #o use ~~ ~~ipie fi~r~u~c~~ sad #'r~e~fi#~ea is issr~ec~ an tesda, Zvi[ i~, ~~9 ~ e ~xn~ .~le~ otr~nyarfd~ to Ragan ~o~~co e~a~men#, 1AT Tra~i~ ~t~reafter aaild the ~~8~ This iease, ~~ ~e ~tseci on, 4J2~~10~~. ~,~•oxtgk~ ~1~41{3~ is issued ~~r t ~'oii~~~xg ~atose aril lii#~~ #a the ~`~1~~i~g a~~vi~~es: . r POC ~#T Brad Ra~nt~u~ - . 3Jl~Q~J ~ . L~sseers A.dti~e~~; ~agsn Poiice_I~epaxter~t, TeiePne; S~ 75~-~~~~ ,~}.'~ jai T mad a~~it~n 383 Pif~t ~h toad _ E~ , ~ ~~ X23 -... . 'his ~e~se ~s issued su~~~c# ~~ fire ~'~I~aing ~o~difioz~s; f, 'mac Lessee agrees #o day the ~alloh~g ~`e~es: ~ ~4 i5 s4~~ #s ~~5eai ah~t ~ r ~~ A.~-~ aid -2. Pist~i on BpB~ ~ 1 ~ r 09 o~lec:#.i~e 'aixr~ F~~i ~-5 r ~ ~f}°~ ,A.i~is~a#ive lee ~ . ~_ - . - -- .... T~TA.~: A~4+TDC~1€ ~' ~3~. 4~.~~ -- ~~.~4 ~. ~~~. 17.{ ~ 3.~~ Fees are payable fie: t1 P Iv ~'~JI~? ~ af3 ~.~ aT~rr~~~~ 2.. ~ ~,i~t~ax~i#y. Tire State off' iru~es~#~ s nit ~~ re~p~r~s~]~~e fox wages to ~ro~ez~~+ ar i~z~uries ~~ `sons w~ch may arise ~~~, or~3~e ir~cic~e~it to, e x~se ~t arnp~ ~ti~iey ~rox~nds ar~c~ faciii~.~.s. T~'ie #ate off' A~~r~.nesota siia~~ got be r~onsibie fog' c~aizn, regardl~sa ~~`k~~d, related ~~ $ciivities u~.deri~aicer~ ~a~i`s?~axzt #o this rase. 'fie iease .~. i~rlemrtFfy axed Reid ~arrnless #~,~ #ate of 3~~esata fro~n any amd aid o~airi~s, damages, ~xpe~is~s arm ii~i~~i arising off' of its use a~' ~~ .i~lc~ grouucis d fac~~ities. 3. ~'e~rrnits amp ~~ce~nses. 'I'sle lessee sha~i obta~x~ aid per~aits ar~d licenses rer~~ixed for i#s activities at dap ~~~ie~. ~ T,~,e State of ~+i~r~c~afa sham r}ot be respa~~szl~ie for t}~e ~~ssee`s ~'aiiure to obta~~ s~eh ~~,'x~i#s and lieense~ o~' #o coznpl}~ with any ~t~icr ~uiremerits ir.~pased npor~ the lessee for ~e ~~n~nct ~f its activities: 4. om~rtxam~~ With ~~ws. 'fie f eases s~a~l com~~~ wig aid a~xaa~le haws, ordinances, roses ar~d reg~ia#~e~as. The Cafe of it~ea~ s~a~~ z~o~ he r~sponsf~ie fir tl~e lessee's fail~t~e #e co~iy. 5 ~. ~us~rance. 'fhe lessee s3~a~ ahtair~ ~ adecl~e in~arar~ee c~'~erage for gersan~ a~.~ ~~~~~ asso~iate~ with activ~t~es cond~xcted.~u~smartt to this iease. Inter~xal ee~i~'it~. e lessee ~116e ~es~or~sibie far ~utem.€~ seit of -~e~'sor~ei a~~ pro~e~ty v~ithi~x #,he areas assigned to it. Tire ' lesser accepts ~~ x~s~~ttsibflzty fax ~h~ cai~-d~c# o#` a~,~ e~'sons aca~t~e~ to n.~ pie pursnar~t to #s iease. Tile lessee slta~l~~'e~ort irnrnetiia~e~ an}~ v~o~atiaris of saws, oi`dir~a~~eS, 1es or regula#i~r~s, ~~oi~idfmg tike a~,~p 'tile leg~~at~ons, t{~ tlxe a~~ 1~}ie 3ec~rity l~U~ ark this Iv~aui date ar E~xilding ~~~, ext. 7339. ,. . 7, ~,iab~ity #'~~` i~aritage to C'ai~~ Ripley. 't'he lessee shall at atl braes exercise ~~e cliixget~ce ~~ #~ie lxot~ction off' C Ripley ~rat~r~s xnc~ ~acilitics. x t~.e case fat any l:~'oper~y of e ~itctl States or tl'ie State off` iiaxr~,esota is damaged ~F' de~tr~yed ~ tie lessee ~ncider~t to tie ~~se of a~.~ R~pley,,#he lessee ~hai~, Ply a~i a~ta~rit st~f#icit t~ cesetasate f~~' c sass s~xsf~ir~ed b the i~i;ited #ates ~i•~ flee Ste of Jv~xru~es~fa ~ rease~ of ~a~rt€tges ts~, or desti~ctie~ of, gove~'ian~ez~t pxopcrt, $. ~c~iing Pxetmises. ~n ~r h~f~~'e ~e date off` tie expiratioXl of this iease or its tei•~inafia~i, tine lessee sue] ~ae~ta tie g~re~nds and f~cltities asszg,ed to ~t an~~ restate the grounds ~ fac~Iities to as good order ~.d conrlitioi~ as that existed ~~~~x ~ arrives, ~ ~f ~ T,~1~A E ~r~~~~~ ~~ ~s~~ o-~~~ ~. ancel~ation b~ ~a~~ i~~~~~y or~rnan~er.. Tk~is cease r~~ b~ carlceied by the ~ar~op ~~~~~ ~~namde~r ~# arxy ~ and ~'ax and ~~asom, ~Io ~~x ~'~~~~arnags #o the ]essee az~ arFy sum cancei~tio~x s~al~ ~e asse~e#ed or rnait~tair~~d aga~ms~ ~k,e state 'o~I1~iz~eso~. ~ ~. 1~. a~ce~#~~a by ~ess~e~ '~'~e ~eas~ rnay' be canceled a# any tip aid for ~~easo~. "rhe lessee xn~y ~~ i~abie ~~i• ee~s~s ince~rre~ ~ a~~ i~~ey ~~o~• e per~o~ J . ~ 1~eganni~g 3~ dais pxz~~' its a~tici~~#e[i arri at a~n~ Ri~~~y, ~i~~ ~o~~ee o~ ~ cancel~afao~ ~•n~st a~sa he ~•ece~vet~, ~ f . Aa~~,gtt3men#. This Iease is rEOt assig~ah~e ~~ ts~erahie: ~ i#ness ~exeo~, h~#l~ ~;~s .ve l~e~•eun.#e sct cir ids tic day aid v~~ri#~e~ a~~vc, . g Y T~ ~4. ~~ ~ ~. - ~ I B _ _. lessee €~rz~ ~ ~~s ~~ . ~1~e~~a Infvi~at~ort ~4+1ei~o Iv~arc~ 1 ~f~r} Lag~rt t='it~F ~o~~f~~t~ 1v~cc#.ir}g . (}. ~lccc~#arrca of ~ t:fcrr~art ~I~of,~crcl c~~~~c fr~rrt #h~ ~agatr i#~zcrt's ~'r~t~a k'rcvc~tinn sscrci~t~or~ ~FC~'A~ ~i~r ~~cc sic. AC's'[[}l ~~} ~3~ C[~1DE~~~~l: Accept a can~~c Anna#d b tie ~ agar [_~ti~c~'s ~'ritric ~rcvc~t#~~r~ ~lsso~ia#~on far ~c~iice ~u~e, • The f~ag~~ P~iice Dc~rartrtrcn# has ~ cr~e ~ro~~'~~r~ ct~rt~~s~i~ig «I' two ['re~~i~i the sherds. ~~~r~~ry ~~. p~~ic~ c~u~irte ur~ttar way retired a~~cr ~car~ six years of dec~ic~ec~ ~arvice. * T~~ ~;~~t~ ~'i~~~a~~'~ Ct'i~r~~ ~'rever~~~ar~ urcf~~scd ~ cr~~~ hc~hcid fir 7,~~~ ~~~c1 c~ir~,~ €c~ dt}~~a~~ ~~ tc~ lie City. • "l'~c dc~p~rtr~c~# t~ccr~tly sclcc#cc~ €~ffrcer I~ob~e ~~l~r ~i}e r~~~v ca~zi~~e ~a rid I cr. • 't'he de~ar#~tet~# sceics ~~#horizatir}ri to c•?E ~~~~~ ~1c~~7dlie~s'3 I~otn ~~e FC;C'PA. 1~~ .~ttacl~rstents 3f A{i~:l~}A C'S'I` ~I' ~.1 .~;~FLA~t 14'IEF~T~IV{T #}F '~'H E ~[:[}1+E~1V~rC.` D~LI~Pl1~IIa;~V'I` ~17`Il~l'1'' ~~~ n~€~~v~cr~~€~ ~~,•r~,~x D. ~?i~l} FliJ~11~F~ ~. 1'ILF 1#L+l`r~7F7 Rr:vi~ec~ ~'~'~~irr~i~t~'y {;incept I'~~n for o~•c rc~ I.c~cv~;~o~incn~ C.'Ii~I)I~ R~It! I~CI~~~ts[]~'~~1V~'~' I}I~'itYC:T ^~ipprova was#er ~e~~ I:st~te ~'~re}~c ~g~~e~nent ~vvittr l~or~n Y~~t#. (~. 1J~~~ 3a Aencts~ lnfarma#ion'1~crno Ti~;eg~~n ~;eor~~rt3~c ~]~ve~ap~nent Anthori#Y 14'Ic'c'~i~ 1Vlarc~ ~ , 2{i[~ I~TIGIi~ ~I' C`C~1L~I~R~1V'~' AC''~'l Tic C'u~~ncai ~*~i~g ~c tie Br,~rr~ ~~' G`omm~~sivn~; of #h~; ~c+~nc~an~~; ~v~i€~p~nent f~u~~~€~r~~ ("~~]"~ ~~xy ~~s~~ss an€i ~e~ on ~iie ~gencia i#c~as for #~e ~~]A i~ con,~nnc#ion ~v~#~ i#~ xct~~~s ~s ~ {}ouneii. . I.rL'~I'~1 ~li}Fi~ AC.'1'I~ T ~T ~:lti~:~~1: To convene ~ ~nceting o~ ~k~c Ii~con~~ir. 1}eveio~~mctet f'1~#~~~-~~y ~~ r~~t oa~en~~r~n# Zvi ~iic ~#y C'~~~~c:}~ mcc~~ng. A(''~'~I~1'I"I~ 1±, ~I~~1F~13; To z~dop~ #~o ~;cr~~s~ ~s ~rexer~#ee~ ~~r mor~~E':eri. ~lf:T~{}IV '~`~:1 l3~ C'I~1~f~IDlisi{It1D: 'I'cy ~x~~r~~Fe the vn~on# ~~g~;n€i~ as ~z-c~cn~cc~ ~~r • 7~IIPt`G ~ - ~'~Ze ~3ir~~~es cr~'t~~ Iv~a~•c~ 3, ~~4~ FAA ~;c~~ng arc ~t~c~nsc~ on ~~~es 33 MI~#~TiE OF A ~IfIEET1~V ~ THE EAAi~ ~~~li pE~LP~IEl~T A#JTH~4~tT Eagan, Mir~r~~s~ta N~a~c~ 3, 20{~ A t~e~ti~g ~f t#~e Ea~~n ~~~rnic Q~v~lopent ~~#f~ority was held ors T~esc#~~+, N1arcP~ ~~ a# the pagan #l~~nioipal e~te~_ Preser~~ ero Presid~r~t ~guir~, err~rr~issioner ~'ieids, or~rnisi~ner BakiCer~, ~rnissi~ne~ Ti{iey ar~d ammiss~oner !-iar~sen. ~,Io pr~e~t wire ~~~+~tive Director ~-Iec~~~sF D~r~rr~~~ity Deve~oper~t Direr#or F~lol~enstein and ~#~ tt~rne~r D~~ch~rty. A~}P'~ ~-E~~1A ~~nr~ssronor Bak~Cer~, or~iss~oner i=i~lds secar#ded a rr~ati~r~ to approve tF~e ager~c#a ~s preser~~ed. lie: ~ Ala: 0 ~~1E~1T AEf~~A ot~~ssioner ~a~ckcen moved, ~r~missiorte~ Fi~lc~ so~on~iocf a m~#~on ~~ approve ~k~e o~ser~t Aget~tla as p~eser~ted. A~~: ~ Nair: ~ "I . I# was ro~arnr€~onded to approve tine rni~~tes of t#~e FeE~r~iar , ~~0 EDA ~et~~~ as preser~te~i, iL~ BU~T~E Tl~e~e were n~ ~~d Busar~ess it~rns. f~EVI~ BE~~~ ~~i~ I~~E ~DEE~OPl4~E~T ~1T~~T ~tw1tDERATlOl+t ~F 1lPA1wtY ETE1~t0 FflR HE~1~EL FAN9IL PPE~2TjE ernrr~+~nit Dove~oprr~er~t Director !-iol~en#ein c~is~~ssed a ~~c~~~st ~~ ,~~~# ~a~c~el to e~er~d the #erm fog occ~~ar3 at ~9~ and 4~3'~~ ecfaruaie ~r~ve, known as tF~ ~Ioniai arvvasl~ ~~d Sara's ~aunt~ry on a ors#~ #~ ~n~n#~ basis until tYte i# is reader to move forw2+rd with ctom~~ition of tine prope~t~. He r~otec# tl~~ staff ar~c~ the pity A#tarne reviacf ti~~ it~crrr~e approaci~ in ~i~e elie~ a~~~~is~~ ar~d proposed rent levels ors that i~a~is, fir. c#~ar~c~el statet~ #~a# e is r~a~ ~re~ared to pair the proposed arn~ur~t ~f rent and o#fered to pair a cower arr~o~ar~# fir ~~~h dui#c~ir~g instead. ~1##er disn~asior~ was heat regarding tie a~tour~# of rent #o b~ ~~~~, it was agreed that Mr. chende~ would rent enl~+ tie ~a~ant~ry rr}at #~uiid~r~g for '9 ~~}0 per ontf~ on a month to morrtl~ basis. 3~ o~n~'nissi~r~e~ Tiller, ornmissio~er ~ai'c~cer~ ~ rr~~tiorr to a~~rove a request #v et~rld tF~e terms fog occ~.a~~r~~ ~# e~~'s La~~dr ~# a r~#e ~~ 1~0~ #~er rr~~r~tF~. Abe: ~ lad; E} ~THE~t ~~1~lES There were no ~}#i~er Bus~r~es iterrrs. AD.#~U~lE1fIET errr~issio~er Tii~e moved, orr~rr~is~orter Bak~Cer~ secvrtd~d ~ r~o#~~r~ #o acf~our~ tk~e m~e~i~g ~t 7;~~ p,m_ ~~#e T~taa I~e~lges, Eecut€ve Darec#or Agenda 11+re~aa Eag~~ iiscnriirrr~ic Devei~~~en# r~ut~r-~'~#y 14'leetin~ T~€ev€~ Busi~css Nlarcli IG, 1~~9 ~. {'EDAM (=N(}E l~~1~~~I1 ~I~I~'1J~''~ P~ATV~ C."~'~~1~ T~} 13F Cl~1Si~l~~2ii,D: '~`o app~•c~ve for cl~ny~ a I~ev~sesl ~ci~~" Cove Pre~in~inary C'c~r~cc~t ~'~a~ ar~d ro~v~dc direction to sta~#` at~~ the tlevelo~er ~egardi~ the possi~I~ ~~~~7n~~~icx7~ off' ~ Pl3~se i ~l~~r~~c~~,~r~~~~ ~~~~~ a~~~ itiorf, HA(;'1`. ('_~~w Infor~na#io~ i~ Fc~Id): • TI'~c qty ~`~rnre~.~i ~eeeEv~d sx ~rese~#s~~io~x a~~I1e Prvposa~ Rcv~sccl Prel~~ir~a~-y Ilrc~cvc~~-~r~en~ C€~r~~.e~,~ Pl~~ ~#. ~tnc r~vori~s~ap m~e#in~ vn xreh ~~, 2~~~9. 1~~ t~~~ ~~me, tic ~'~~ncil conside~-c~ ~~.c ~~l~j[Firig ir~ir~~natiun. '~'~c .~t oFLag~n leas ~nvcstcd consitlei~l~I~ iat~~~, e~'!'~~f end res~~~~~es ir~~o i~.~ ~c~i~~~~ies ~~~ i~~ Cedar (~rovc 4edcve~o~tt~cnt district. In #~~ early ph~~es t~~' il~~ ~f'~or~, .~t~l~c~~v~n~ the rci~or~ ~~~" ll~c Cer~a~'!t ~ Tasl: ~'~ec, i~te City's cFFort~ Focused on policy and bacl~~ro~r~d activities sash as ire d~vc~~}}~t~tcnt ~~ a special zoning district, complcifan of an ~l~tcrriative Urban •eaide review, c~e~~~~~~ «~' a tax in~rcn~~nt Financing disiri~t and dcv~~~r~prt~e~t concept. planning. • I~~oie recer~~~}~, fie C.`i.~y°s cE'~~~~•~s iZ~ve sliiFtcc~ to tote ~acq~isitioi~ and assem~Iy of properties, E~~e ~rc~c~c~i~c~n c>~" af~~cfed I•i~tsincsscs and deinolitior~ of ~~ildis i~~ prepa~•~tion #or develr~pniea~~ in ~ c~`e a~~a of c red eve~opnient district. ~ ~c City also ~a~ clone ~'Izasc ~ and Phase I~ envirornn.e~3~a~ ar~~lyscs, pcrforrncci site c~can-~ at ]c>caEi~ns a~ which ii i~as ~,ccn ncccss~ry ~rkd I~as ~al:er~ «ll~er ~ie~s E« m~~ve il~~ site t~~-~ard ~vha~ is ce~~ly rel"err tax a.~ sl'invei rcarl~. `i"hc Ciiy has rt~aclc s~l~si~ntial progress i~x ~l~e~~ arias, hl~t li~CC rnan~F o#hcr ciiics ire i~rc ~•egior~ anti aro~xnd the country. it leas ~eeu ~~r~~~~ecl in its e~`Fo~s to FacilEtatc new clevelc~Pn~~nt hcc~nsc o~changcs i~the develop~~~i~~ aid credii mar~ceis avt~` ~~e ~as# #o ye~~;~, ~]esp~tc t1~e chal~cngcs dl~ring thattsinc. tl~e ~'.~~y l~a~ ~e~c€etl ~ ~~ d~vel~~irrrrnt pa;"€~~er, ~c~r~an Prt~, ii1~ v+~~orr~ Svc ha~Fc orltied clt~sel !c~ icl~€~ ~y a~~ci pu~s~c clevelop~n~t a~~e~~aiiv~~ ~h~t cc~ulcl ~c ma~~cct s~p}~or#abie, evc~3 ai ~k~i~ t~r~xe, ~~xcl !c~ co~-npletc hic~~~~~~d txi"~ and a~„r~e~t~~nts io he in a posktion to move Forward w}~en ~ppo~nitics present themselves. 'TI~~-ou~hc~u~ ~~e r~clevelc~pr«ei~t ~aroccss and the clia~~es ~~ var~~} ~~arl:eE alt~i~s, llti~ ity Ct~ui~cil Iii slres,~eci its Foci ~}~~ ih~; development foals For the area, wL~tcl~ arc ~~~: . o evitalir~e C`eclar ro~+c Area ~s a gatewafia~dmar~ of the coir~m~rtity. o i~n.co~i"age a mit~~i~ of in~ar~e~-sap~i~rl~lc land ~~scs carr~~ati~Ic uu~it~ anc anocr and with the st~rraunclir~~ area. 3(p o ~l~cor~,nratc r~cv~F l~ri'aan dcvcio~mcnt c~ec#~#ions ~ ii~carpora#in~ ~z pedestrian focus, tr.~xnsi€ c~i~~~~t1+~~3~i3, r~~~ residcntrta~ a~ci cotcrciaf Discs, ti~rrifort~ at~d cn~csivc r~esii elenien#s, s#xucturec~ ~~trl:ix~~ a~~cl ~~~~ic gre~~tln~cr~ sf,~ce, o ~'rotcct tl~c iai~-term vitalF#.y of residerlti~ areas ~.ci~a.c:ertt tt} ct~~~~~erviai areas ~trld ~C}F35€~lCr t~C IIGCC~~ Of CJ~iSt1I1~ 1711S1iiC55CS ~i~ Y'eC~eVe~t]~7iT~elit or i~~OC~L~il effoi~s, o ~rr~~aro~re ~rai~ic ac~;~ss at~d c~rcu~atiorl to arlc~ #hi~us#he area.. • At the its rrtee#~rt of 1~€ove~ber ~, 7, the ~~?. ado~tccl ~l+arar~ ~'rxt#"s ~rcl~r~n.~nary rede~F~Ei~~meut crrice~t ~Eari ths~t cu~ipr~sed a co~laa~a#ie~u of ~at~n,s~nE; tY~cs, ~-ctaiE u~cs ar~d ofE~ce d~~reEo~ment. thal ~va~ desi~ecl to rc~oc# tlio~e ~oaLs as e~i as l~aclc~r~un~c~ }7ro~'i~cd b :~ r~a~-ket ~tn~~, ~xer#`~ruie~l by Nl~x~eEcl fteseaicfs dat~~ Aril, 207. tii~ the currcl~t ma~~CC# rct~ains cf~ailci~~iu~, rau Pr~e~t lip iden.€ifiecf a riuin~ier c~~' e~en~ents that a~igr~ r~~it~i tho Fit's oafs tti-iey believe to ~e t~aret s~~porta~le .d ca~~ie c~i'~~~i~3~ €~~~ax~c~t~ ~€ l~i~ tinic, '!c}F u?ili p~~serit ~ i'~V1Sed ~re}~tniuaiy coiiceg# plan acid ~ir~t phase ~ia~~ ~i~~r council ~cm~idcration at'l'ucsd~~F's tr~cctitig. F3ecanso r~P tiic realities of ~c c~~rrci~t. market, it is T~c~t }s~~~~~ lc~r ~ c~~ve~~~~~r t~} cl~€is~e ~~eci€~ica~i a~i of fire coin~ol~~i~#s a~' ~i~ ~re~icle ~r~~.~€erp~a~ at €~i~ time,l~~~€ i€ ~~ ~r~}~~i~,]e to ~rc~~re a get~eraiired ~rc~rtti~ir~ar ~latmcd devei~~~txieut layout, ar~ysis ~~~ci cc~l~c~~tions siiriilar to ~ process ~ksecl ~~}~ tie C'arr~agc ~ilis ~lat~nec~ 1~evelo~iriel~t. l€'tY~~ C'~n~cii is sn~ortivc oft~e ~i~oposeci #irs~p~a., t~e~a~~t ~eir,g~'~~~c~setl and ~~~ ~erle~ai ~ar~~ ~~.~e scen~r~~~s ~i~~• ~'~turc fr~ascs, L~or€~n Pratt is pi~pd to rt~ove f~rv~'~lixl with lard use ~~lications in lk~.e ~zexl ~evcrai ecf~s for f'orm~l c~rlsicieiation of its first ~pli~se of core area cie~velopt~ieiit. A~ iii art c~~ct ~~arl review, tYic ouncii is encc~~r~x~ec~ €c~ cc~l~sier ~3ie ~rcrl>sa~ ire ~e~3•ai €ertr~s anal not to ~res~}~~osc tfic oiatcorr~e of'ti~e €~~r~n~,] ci.~veicrpn3~t revie~v ~rc~cess. i~'llte '«~~t~~7~ i~ «~er~ ~~ f~irt~cr eaiisic~eiativri c~f'ik~e corice~t, sta~~'aixc~ tine develo~ei' o~7d ix1C1~'~ l~~~arcf ccrn~~~l~-ent~y u'itli tie de~felo~rr~erit re~~ie, fit~anci~i attalsis, u~c~ated eiivii'atiiriental reviews ~~t~d nthcr s#c~s necessary #o ~rescti# those items trr tic t'nrtncil anri Lt1 iri c ~~~i'o~riate o~cfe~` ire #hc nrtti~s afic~d. At: #ltis meeti~~~ on 14'~arch ill, the City it~n~:ii~e~€~~•essi~d iuteiest iu #hi~ ~ri~~~~ai arxcl ~nutc[l €lii~'er~rici~~ E~et~vi~eu the revised plan ansl the ~rerrx~u~E ~da~te€l ~reEirniu~xi•y concc~t ~E~n s~ncl arc}vEded corrirr~en~s arl[1 direction with reslrc~~# to issue #~ lac researched acid adda'cs;~ct~ i~t~c rev~s~d ~reiim~~ary evncept is a~i~rovec~ and tlic ~ro,~eet uiovcs for~var€1 for ioriu.ai ce~osider'atioi~ ~n the ino~ths ahead. a rn ~art~~.nE~~', the ~rturicsl requestisd iufori~atEOn e~~n-tfia~*irig tEtc ~~'+~~~}~e+l axes and the ~cCs~Ee of #.hnse uses t~ the pre~-io~sly a~~ri-~ed cc~~t~e~t and market stud' ariai~'sis p~'evEt~osty' ~~r~~r~ed. the x!1{!7 prel3mi~ai-y eonci~t ~Ean send the ~~•o~irscd prc~limxns~rv ciMnct;~t ~Enn pare oorr~~areci ~relo~v: ~il{!7 C~oricep# l'rn~osetE C'.orteept sirket lta~e Apz~rtuieri#.s ~ei~ior ln~eperide~t z~rid Assisted ~lri#eE &~1i~v~' I~e~a~E ~8 un~t~ ~5€E nriits ifr4 lEnitti ~~~~ ~til~:i 97,~1~1~ s,#: 1 ~,1lOQ :~.~. 3~ 'V4toriCfn~cc Itc~ktai ~2~$ ~Tnits ~N~rt~: ~'tlA ~r,~~ccts ~-~) C:n#tage IIomes I~~ iTttits L'otporate (}#~~ee ~~[I,~~O s.f. ~ark~c a~~ [~~ca ~~aec 4.3 ~~res '1`#3i] It;~aEndc~- #o ~c Develvpcci Alane 2 s~~~'es Ti,c ~rt~Iros~d ~~asc ~ }~istn is c+~~~a~ed try t#re ~~7 ~4'istx#'ieid 1V~str~et Sludgy at3[! ~ ~on~.st~~o ~~~~k~# slu~y p~.~~ctrm~.~ ~nr Ede deveioper its ~~5 beio~-. Tie a~€~i~id ,~tuciy ~ret:c+i~:ci tic ~,l~ifts ~n tic vari~as nts~y~~Ce~s si~ee estr~ [Ili7. Bor~estr~~'s ~tari~c# ~#~~~~ is ~ ~noz-c dctaiicd ~e~.~tiysE:~ tha#. l~~.~ses on Brett#s~E ~xart~tten~.~ ~~o!}+. '1'~is is #ht~ dig ciiffcrenet~ in tie pian ~tnsi #~c s#r~~y €~t' tie #~x~# ~~asc, ~~t is eot~#~rtnetE !ry ~iie #3otxestt'oo study. 'I'iic ~rro~rost;~ ito#ci tievciopntcnt cxcccds #hc l4iax~i~ltE m~r~ice€ sl~t~~r ~~ r~tig~t #tte ~ntrt~er of roo~tts that are ex~ecte~i #o be occttpEC~ ~~. titc a~ktEc~ptatc~ dc~Et:at~:d en~tt~~ac# s~stee. axfieid ~t€iy-i~7 I'~a~c i #icwncstroo St~v~2~~~ 14~I~i#i~a~~tly 5~,72~f~ ~ni#:~ (~1v€~ncr ~ecui~ict~ 14~~1tifa~niiy 4-7~ units (1VtarE~et ~tat~ l~etttai} ~1'tullEfa~il #5[I-#75 nnitts (14,ffu~tial~lc Rcrs#a#) Senior I~entai 1Ve~v l~eta~ {} ~# ie~ H~~tci ISM-~~ ttn~#,~ '?',~~~ s.~: 5 ~root~x 1~ n~xe ~5{! nni€s 22~ ureet~ 1~Iont; ~~{! itt~~ts font; iG~ t-+~om,strcci;~ity * ~'Ete a~txe~ aYsa ~ireete€i sta~~at~d t~.c ~cvcEaixe~r ~o s~r#dress lh~ #'rr!lo~vEng ~r~sn sus tixe devein}ter ~nves forward ~vit~ fnt'~na! develo~~er~E ap~licalior~~; • ddi#ionai I)c#aii rcg~trt~~ng ~vallcs~~le ~e€l~str~an cnnneetions ~vit~x3n an€E #o snrrvunding rieveivptuc~t at~cws, siiiewll, pttltEie s~stt~es. Eri~ic~tiir,~ o!`~ttEtlie past-west eontter#ivi#y fr+~~rn ~otci. • St~•att;g~cs to ~resit~cc #~t; gray #ieid ~z~rkitt~ areas iti ne~v devein~ment areas anti par#ic~iar~y in #iic ~trt:a o~tixc i~vtr:l. Fn~rtiter analysis a#` €iie pro #orurtas for tits ~t-+~~c~scci ~lts~sc ~an~ tic ~xt-a,~s:cts ~vititin i#, in tits eon#ext n#` tie financing o£ ti3c hr~rs4ett~t• ~-cdt;~•elo~m~:nt cii5t~i~'#. • 'I'itc ottttc~i ttu#cd ti~at tilc ~roirosc~i ~e~reEopment phase ~lnes na# i~xein~E~ eier~~n#s of ail of ats goais for tltt; a~•t;a, bit tt«~# it ~ttclud~s ~ nttm~er of ttxe ei~~nents ~ettd that it may ~o-e eonsitier~~ as a market sr~~trortabl~ y~3i€i~l slep in z~rtlicai~s~€lnrt o1`#`nlttt•e developtnent p~xases as #~e eeunoniy recavcr,~. Since tltti wvrtCxhoir mc~t~ng, a r~~s€iirn ~c~s~s rz~lse€~ as €o vcFt~ellier #ite pity can c~n~i#ion i"t;tttrc ~i;astrs oi" tic 3&' +~cv~:~~r~~nent to inc~r~r~r~#c ada#~vn~~ ~ox~cct:c €sf i#~ gna~~c for' the redcv~;~o~ix~~;~#. s n~#cc~ ~~~v~;, #~c x#y has reserved #~c r~# rxo# #~ ~e~~ tic ~~-u~crty necessary #or a deve~~~~en# phase nntii it his a~~rn~Fed tLe deve~opmen# ~~~en fog tli~tt phase. Ax ~ e~r~se~ne~ee, ~nh~e~# t~ f~#~rc m~r~CC# fsX~~~rs s~r~d tie C'~t"~ s~e~~e~c}~~cni~ }~rEO~'~tics ~# a ~7~~-tict~~#~• #~~c, i# ~v~~ ~a~co tie #jr~~~ +,~c#s;~'r~iaat4e~~ as t+~ thy; c~c~cn#s e~ cae}~ phase. ATTAC. l~l~'l~'V'1': • ~l~v~~c~~n~ei3~ ~l~siri~~ ~ C:~}~~ Arm i~~a~ crn ~gc ~__-. • ~3ar~n P~€~tt deer on ~~~es:~.-t~~t~~ Favc~~bcr , ~~~7 FDA ~'~e~c~# rr~c~n~r ern ~s~~e~ ~ ~hr~;ngh • lrrve~~er , ~~i17 Yre~3mi~:~ry ~te~e~~e~~~~ncn# oncc~# Phan on pa e '~_ • ~ro~~~sc~ c~•~sc€~ ~'rtl~~ina~-v c~i~~c~o~~cn# C'nnee~~ P~ari ~~n ~~~e. 3 4' } -~~.. 4 _ .... ~ ' } it ;'' i },} -.~-'x-~~~~~~~::~,. ~_- ~ f- I(~yll~'i5'li ~ ~` `~ ~l r{ . J }'~ _ _ _ I ~ f ::~ r3~ :Yx- k { ~ 4 f ~ ~ ~! ~~' Y~ s~ ,-k} ~}~~ ~. ~ I kk ~ i~x xk ....~ ~~ ~ o Ei~ Q o°o y{~ W J kWV 4 l 1~ +~5 'S ~ 5 \ 'S / ~I~y W '' +~ 4 I k r ' ~ ~ r...f.. ~ f i } ~ ~ ~r{~k ~\ ~ ~y ~ L f + ~ .. L ~ ~.L .~ }~ {~ 1 ~ xf,~~! ~ .. -~ ~ _~` ~; ...._~:, ~- -=-= -- -_ --- ~-~~_ ---~ -1 ... - - f . ,~ ^~ O E } 1 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ LL ~ C ~k ~ ~ :~_ ~ W T Y p ~ ~ LJ F ~ i1.F ~ ~ } iY t -- ~ ~v I •~ ~ ~1 ~~~ ~ ~ ~ ~Y ~ ~ 5 k t ~~~ ~il.l~l ~ry s5 r ~ 'I f~ -- _ ~-~. ~~~~~_ VIII ~~~~ ~~ Gov `~ u~~ ~ ~ '~ ~p k~ ~`; ~.~' ~~y~ti ~ti~yti ti ~ ~ `~~;4~~~~ r~ ~f14 ~• ~ ~~ ~~~' ~ x ~> i ~~ , y ~ ~ , M1 r y -\ ~ R ~. ~ ~. ~'l lJl lL ~ -- 'r ti • ~ ~ ~ ~ ~ ~ I ~~ ~ i _ ~P~I s~~~~~.- . C DORAN '}j'AI~T~~: larch , 2.(l{}y T}-Ee f~oi~czrab~e 1+Aaycr ~i%c a~ni r~ "ilia: ~r~rt~ri~abl:c itv of ~Eigan City C:cz€~n~a~ 1v~err~i~ers 8?(~ Fiiz~t mob crad ~.agan, Iv]~I S~ ~ ~ ~: Cedar G~rcrVe ~er€e~elsrpme~t csrT+~r_ 1~ayc~r anal C`t~un~i~ lu~eaiabc.~s, 5iz~ce bcin selected €o be lss~. C:ity's ~evelognzc~t paEt~zr tux the Cedar Grc~v~. ~2edev~to~zrzent in 1~.~a~ust 2~~~7, eve have vrc~red ctosel with €hc pity ;tsff to pu;. so~etirer a develrrpme~it and fu~nciz'i ~]aE3 that vcFS~3 pesnnit ~s t~ rr,nve fz~rv~~ucl iii the project. ~,ike all devclaprr,ent pro~tx;ts in 1~e re~inn and ~zrE}un<3 the co4~gtr, our effects have been E;]ned by E~ ~ornY~€t~atic~n o~-k;~En-ket az~d cxc:d~E f~.ctrrrs acid we foil i~~. was irrapurt,at~t tz~ writs; €~zxs fetter to ugdatc you ors snrrae of trse prragress a~r~ c]~altenges Svc ha~~c f~ce[t ~,izr~ng~sout the redeve3n~smen# prcccss sit the ill~~~: o~~ {;edar roue ~ite_ 'Sc recngnize an~i shire t]~e City's foals for t5~e area - €n t~EZke the new d~velapra-reut ~ gc,~icstrian friezadiy, €r~nsit ori~~tcx'1, rrz Exec use neighbc~rh~c~~ tha# viii t~tce advar~i~t ~~ of €ts loca#itui ~nz~ ~ cce~s to reestabliskz it as a ~~~ewEiy to the ~.~narz~.urzi#.y. Tie chan~,^c:s ir, residc,-nti~l developmcn[ [hEit v~~e }gave X11 obs~+rrt ever etc i~.st t~vn years preserzte~ initial challc~n~;es i:~ defz:zuz~ ~ marl~et. sup~xort~h]e rrsix ~f rc;s~c~~:rE4i~`~~ uses ~`or ~}~e E3I'~cl. 'ghat w~is fr~l~rsed by sizr.~~ar ~.nwr~t~zins i~z t~ze ~ffic~ ~~d reta€l ETi~Ei-~E;G`~, which made tfp t~:e othc,-r k.cy ~s~>ects of or~r ntixer~ ~xse appro~~EC:h ECr ~}te area. the diffic~i[ eenn~snic times that e have a~i ;[r~~rstered, p~r3~~ulEirly in the gait sax. ~z7nr~tfzs, have cnE~frc~nte~f t}]e coinmtrc~t~I xc es:a#e ar~d cons#xoctinn 3ntiusEries `st}i zzngrc:c~:r~e;~ted ~:ardships. ~,c-~~r~ers }zE~ve pract~cauv di.s~i?~e~red ina~iz ~c accessing otrletkt tii3ancin~ for de~Feln~ment gurpc~~~ nearly irrspossibi~, c:~+en fnr the nzcrsE cxc~~t wort~~y k~orrc,~~+es~s_ ~'.onvc.~ltfr}ns<i loan grt~~,~iszn.s f:or cnrntx~erc,~ia1 constr~xc~~~n projects arc nt~E ~vailahle anc~ pc.7zxaxnent dcbi i'~r stahil<izai gxtr~eErties €s regtziz~ng rx~~zc~~ mere egzai€y ~nt3 crrsti~g the 1~on~c,~ rrx~cYz 3ncrre bc~~i~~.~e of~si~hcx ir~terest €rEte sprcad~. i}csp~te these chal):cn~cs, the ~evetagm fc:~im rrf f}ort~il oEr~pfu~ics aad Pratt ilea=etopzx~~n€ believe tEz the: opixnrttuiity prr~er3#.ed by t1~e areE~ arzd ~'ernaiE~ coznnzitteti #o the er~ar Cirn~•e hedevclc~pr~~ent_ {hzr #.earrf has hcezx ~z}ov3E~g ahead ~ai~kY cc~nce~t gf~:i for aproxirs~ESl.~ly X2.5 to SSE? IEIIJ.€s of ~a:iCet ~~ate apaF#.rn~n#.E;, ] 5(} units ~+i' ~caaior apaitmea~ls as we31 as glruis for #wo 8~ rE}U~,Y] I~otels_ Att~songl-i n~rr~Ce~ st4Edies fir each ottl~c~e prn~uet types ~Eigpns~ #l~e pres~}et~s, ctzn-ent cc~3~c~itinE:s in the €u~ncial ar~~ tend~Eig zn~rkets h;avc prtesente~ us with so~~~ c:3~llenges, ~~ 78U3 GEc~rroy Rnarl, ~~1Fte 20U Eilooinangkon, A4T~ ~543~ 95~.-7,SR-2fjfK1 €~tx= 95~-2.k~~-"1,UUZ ~vwxv, ~}f}TkT#C.{iYi7~}~=7L~S,COll7 `]'k-ke ftont~r{able 1~9aynr ikc agui>'c '}7xel~tsrtoz~Y~}e City oI`~a~*xEn ~€~ Council 1v~enabc.~s gage ~. ~'c~r ex$rrkple, sip ritoizt~s an nrk a typical aparExraent pra~ect ):iEC.~ the craze a ara cot~ictx~pla€iaa~ aE ~:ed~r C~rc~va, wa }vc~Xa}d ]~stve heart aUle to solicit >l~.~u]tE~r1>v lesidcrs ~iro~33 t}te snarketpl,~tcc I'oz ~ tl'~~1`ee yaat- rrpeax- B11dF:Ll Ci~flSta'11Ct10I3 lOt9I1 a€ 9~° o u~' q}]e ~rn~ect cost t~rtd ~ rata of approxix,~r~l~ly 5-{~f}"a- t tl~e cn~l c~~ ghat iott>l~ tercxt we ~~atkfd obiai~ ikeratxanent financing for ~ 3 ~) or ~~ yc#1; feC~n at $rourid 8~ :o 0°~~ crf' itte value n; the stabilitlod pru~ekty aaxd at1 it~tc~c:st rate erfarouncl x.75°l0, z€ues far t1~is pxop~rt.~r type would b~: caftulrafer~ usiaxg oapEtaiit;a[acaFi a'af.es a}r~l ied to the yet nl>ek~atir incctnze ~~d the lerwar the capi€r~lizafi~nn rrstc, #Jxe higher ihc; v{tlue of the property. A bra'~>~d stew, market-: ~Ee, ~tsli~li~ed apxriancn€ bx~ilding lil~:e t:tc Wile wtF arc prn~rnsirtg would have ::ctlxa>Ex~s~rl~ed a {i.U~°u ttitali~ation r~tc last year. ~.a t.}~e cttan~€~t ~sitsrke~lx]ace, art open-tndcc~ c;ixrs~tt~ttction ~cud~r urs]] E~emastd z~oic c~}~ cc~ttitr typECally 30 to 35°l~ crt Eb.c ~rrca,~ect cost, ~s ~vcll as rcr~u~re ax~renstvc 6o~xt].~ nr iettc~s 4~~ cxoc}~# to gu$k-antes the cans€.iuct.inrt- }u adr~itic}n, ~]thrrx~~h ik3tei~st raEeb h~kve ~alleu ~n rc:c:er~t. rrtrxrtths, spr~tds hxvc v~Fidc-Wed afYae$na17g t,~l~ IC.'~3.C}~TS Jt~ei~ ]nnre Tti~~ }3r~:t31Z43~1'x t{}dSy ~~ SJ~} €ikt~ S$C[3~ deals ~hC.y 1VO11]d ~]avt; dt~na IOS ll14k~:h less befc+rc, Rates today #'or c~stit:c:;,it~n. end pet~aaaucxs~. ts~tt ara iu the ~,.SD°o to 7-54% rangy aixd c~pitrsl~xatfrark rates hnvc ~t~~~~e~ use ter betu~a~ 6.5~°~o aatd 7.5~°. ~4+h$t t}tis esseaxtial~y nncKa>l~s ~s t.}tit it costs significantly n~ot`e to dra a project today ~lt~n it did sip ntosatl}s ago aixd a€ Eht: c.~nd ~#'t~te day, ?eased ul-aon toci~y}S V&~t12~ff11i Cl-4t~£lr~} ii is wo>`th rrtuclx less. C:urre~t~}~, the anly rGl~~ble deY>t a~ratlaf~fe to ~z~~ttca trxulti-I~azr~E'•.y davelopinents i~ throx~gh t.}ta ~JS FJepattn~c.~it of ~Jnusi€rg and ~}rban Dc~~ls?pruent I~T~1}, ~~oever, €.hcsc [ypes ~rf govert3lnat~t loam }~rag~ams sire tyfaECally 1~tdE,~rt wi€}~ ~id~it€ranal rep}uirc~nertts acid fees. ~xz sl?.ite of t]xe issues v~~c hc,~e trx sc~txre ~ 1~€i~ finitnciu~ 1'crr the rnttlti-fancy housin¢ pro~cct gin.{~ ~rerha~>s for the s4nictr }7.a:r;,~,~~~g ~a~erject its ~ve11, V4~e are working vr~y herd in hopes of bt;ir~; rt~i]e tra c~inm4~7zc~: #}xa davelo}an~c~l ztna<l ~art,;ructinrt of aIf zha~ee t~~cs ct!'tlae develn~>tx~etxt irtt:nticxi~oc~ a}>n~e yet EKES ~+ear- ~7~ tyre dace ~fillcsc r}c~tt~omic challe€xgcs, we l~~ive appn:ciaErui the {city's cot~tisxued cozlkx7"iitmerxt try accluirhig the prolxerty within the aica a~.d ~t3~k~iig it rt=race f~tr devefopmc;nE ~s sot~~ :~.R the rrrarlCets gill s4apport it- ~Ja thank you ~a~c~ the city staff`for the ~.t~nfidertce ycs4t l~a~e ~la~ed ir3 us arrcl we rc~~~~i~7 cu~lEldent that we c~zY ~~tx~e the da~feloptnc~t i'or+~~and avvcn in th~~e Ernst diffic4~):t times. 4n behalf-nftlie dcvclcapi~.tL~]t ter~trt rrf ~nrat~ Ccrpar3ies aasd I'rittt even}trtxent, ~1t3C.~rC.])r, f = y~N~ -- ~~. Illy ~. T}nrzn co. ion ~t~kaeEt~tein ehecca tCxa~tz ~serk t'ratt ~3en h~rc~~o t:t~tt Artdersot~ ~a A~e~da 11'€emo I;ags~n ~con~niic 1}eve~~}~~e~t AutF~ori~y wee#~r~g :Vr,~ert~b~i• ~, €Ii}7 3. f:Ii,I~AI~ fYI2f}F ~tFI}FIi~~1[}P149E~]T I]ITI~iE['T - ~l[)I~A~1~I'RATT A~'1'~~11V ~"fl ~i~ G`~1,5~~3~:;1~: "~'o approve Doi'-P~'~tt ~i~e~i~in~i a~'c ~1.rca ec~e~E3~c~~~73oi'!t C;nncc~a~ f'3at~ ion €}ke (;ec~` Cirov~: cdcvc~o~ot~# his#r~cl. I~~cFr~: ~'~~~ [:edar C'srr,~fe €~E'E~~V~i{}~'}!rl~rJ# Dtstr'!ct has i~ee~ aixian~ die i€.y'~ pi~tr~sties for nEaix~ber Ex~years. The C~Ey #~as rnaci~: s~aia~~a~Yt€a} rogrcR~ to~-~rd t~~c r~c~cvc~~~~s~z~~t oI' #~c ~!'C& ~rk!'n~gi~ ~'}r€}~3Ev!'+ ftC4~~3353~ki113R, I'C}Ek~ E,1Fi€~ starrtialer liiipi"OYeiTi~rit5, if~kSIF1~S5 re}s_u;a~io~is, envi~"ui~iei~€a} r~vie~ aid cvc~o~R~tcr~t I~jcc~#s ara~~td #~c }?cr~~~~ctcr ~}'t}~e ~ar~: ~r~a, Sri J~EIy, #hc Itv sc}~~:#E:xi J.~or2klimPr~tt a<~ a EtE3~~' ~eveio}iErk~!]t }~~lttlie!' nrkEi asiCed #~3@!"!"E #tl ~VfSr1{ ~V~~~ stata prepare a l3~~ESter Flxr! I'or E}te iE,'{iev~IoFrltent c~~ €~~ co~'e a~~a ~nr ~orls~der~t#ion by t}~e G3#y C'o~l~icii. ~3nr~n-Frg#E sti}>rEiotte~ a ~reE3rE"I~EZa3 col~ceFE r~ia~tei pIa11 ~}iat r!d<iresE~e~ the ~'i~.°s gads arkc~ ~riarities ~'or Ltt~ area ~n E,1 4v~Ey ~~ii~. icy iEkC~~C~tC wi~i ~]e lty,~~'3cc# sE~pl]o~~{: xi~{~ achEev~h}e ail file lea!' ~trld ial~g #ea•r~~. A# tine rty CGaEJiii:i~ waiks4~o~ on Dcto~ie~' 3~, ?~~7, ~}ie o~ancl! ~"eceived a ~reseuia~u~i oI il~~; p~aly ~a`c~l~y t~l~ [~cv~3rxpr~~E~t tCr~tT3 ~t~c} ~rovid~c~ 4,i!!'ecklnr~ ~O 5~~ #1lt~ $~3e [~e~Es}o~e~" #O prc~c~eeEl l€h ~ piariE~~aii of ac~cii~~oi~ai de~~o~} ~E]r rte t~ver~Ef} r~iaslei~}are ar~+~ #~i~s1~~, p3ark 2kl~d fa~`tklE; ~e~-e~rr~E;rta crik~l3~i# d~.vc}opr~~rr~t ap~Iicat~e~s #or t~~c ~~rs# }~~i~~Ess o~`ti~e cabs#~'~xct3~r! n~portiol3s crfti~e dcvE;~nl~Ei~eEyt hE~~3li3~il3g i3~ {~~~8, r`~ T~i~: ~'.~sE~r~~i~ c}ic~€cc~ E}~lppcsrE ~'or the prcl €tiiE~aly car~cept p3ar! ~~it€i t~iE3 fa[iaing COETEliiEvll~.4 n#xd (~33'~E?~i(IEl" o `I~xc p~oscc} strcc#~ ~~'~#~il~ tie crsre area <~eveio#rrken~. shop!}d ~7E' ~Eilgl3eci -v]#}i #~E~se iii tine rede~'eiaplrlen# E,trea sc~~l of ~d~r C~~ovc ~"~~rk+~~~y~, o ~~c pp~~scc~ tc~vci ~~I'rcta~~ dcveinpl3~ei~# is ft# tine fo er~d o~t}ie [:alarlcii's expectat~~rls ~`ar trke Elrea, '#'he <iev~}opcE• s}i~~td ~xpiorc adc}itia~x} rctai} ~scs }'or trio cve~u}r~c~~, part}ct~}aE•~ oi3 tote ~~rest e~~~ ~~ the rE~veit~~lrEera# across #'ra~~~ #~etraEls~ts~#3n3~ s~#e. O 't~~ {eve}crFer S~iE]E€~d FEiaFIl~t1EIi SE1~~E~E~#5# ~~Ei7iE~3Eil+t{l ~~~ ~e~R1#~' #ip~ f'~S~]ftl~~ #D ~r~CC# trcr~ ds n~Fer #}~ Ei ~ 3~e off` #~~e de-'elopinen~.. o f1~tt€cEs s~~re #~~nt the Ei3str3ct ~vai•1cs ~ii~~~c~~I}}~ for #hc ~ify arc} ~oE• tic ~a~cpa}~~rs. v PF'ovic~c lx~i4it~~, cot~sistc~t#. s#rcc#xpi~~g #i~rn~xgiio4lt tFlEw develop~~ieFEt plaid the a3~ea tageti~er, ~ Prc~vsd~ c~~l~iity i4Pl:~i~tC'.~~~il'C: ~~td ~~~3~S~leS ~~lfkt ki~ he ilrl9C~i3$ to ~$~Fkrd axaEi ~iliE(liie to t'~ed~Er Ci~"ove, o I~~~}ctr~crl~. tI~E~ p}itrsi~~ p~a~ i!3 ~ E3}' t~~~rt or~CS €~or #~ae devEwtopFlielat arkd rrri4~ for"1~3F. ~t on3d he a~-lpr~prEa#e ~t title t~l3ae #o ~`arEiiali?` appFtrve i~2~: ~re~i~arl~i~y ~oi?~.epi ~~aii ~vi[h €he a<id~~trnx} tiiFect~oi3 and cctrkxtnc.~r€s riotcrt~. ~#'t33e C:rtt~rac~~ i3a.~ ~r#~t~r ~~YtkEtt~~l~$ or ~~ di3~ectio~ #o p~~o~+ode ~~~i#~~ r~.~~~ect to #i1e {:accept 1'~ar~, ~~. t~~~d be ap~~~p~it~Ye #~ kid #~3ea~i a~ his Ei~~~c. ~' F~Ce~~3~~o~K~ety Cfi~~C~~}# deve~i>~lne~~# #7~fl~3 [~At eplem~er ~, ~~U7 ~x~ page , .. .. r'~ Ocr b~c~'o~~ti ~~€e~iai~ ~~~ i.~c~~aticd ire #~~~ ~~#~~~~• 3{~, 2.407 o~~;s~~p p~ckc~. Additin:~s~ c~p~cs Etta he ~~ovic~cd ~~aEt ~eq~e~t, ~9 r ; ~ I~ ~i 4 t; u~ ,. , 4 ~~ r+ M 3 i ~'~"x' s k ~ ~ ~ s i+E {S ~~ z ~3 M~ ~ ~ ~?;E~y' i+l [P '~~ cR o~ Ir ~~ ~~~ I ~ d 1 a 1t;'~ ~ ~ ~ ~ J 'J ~~~~ S ~ ~ ~ ~ ~ ,*n u. I 4 ~ I ~ U r { 3 ,~ i ~~~~~~# ~~~f~~y~ ~ ~. 4 Q ~" ~ ~ "~0 Q1 G~ .Tw .~ ~~~~ ~. {k I~• i Jtr i}t ~ a: ~ t~. °3 ~~~ a ~ ~ ~ • • • lE~f3E ~ ~ x~ I :~"::''~ .. t s.' _ ~; f ~~ a~ ~ ~ x ~ - }~ Jrr~ --_ ~ ~ ,,, _~ I i t ~~ ij a. ~ 3 k i~ '. a }} g `~ ~ ~ t q a q fi. ~ s L g '~ +~4; ~~ ~ L + ~ r ~ t ' ~ .~~ ~ ~~~. i ~? i ~ ~ ~~ F5 ~ a y r }~ r \ 1 ~ a ~. ~ ~ r ~~ ~ ~~~~ } 4~ t ~~~ ~I~y a t~ { ~ 0 Y ~ _. U ~~ ~5 ~~~.~~ ys ~ w ~~ r a ~ ~~. s ya I ~ J ~ ~ [ N ~ $ ~ I~ a~~ ~~ ~ ~~ ~~ ~~ a~ ~~ R ~~~ ; i~~ .;, ~" .17' ~I~% If '~I: ~I: ~' I . ~~~ 3ai ~ , ~;± ; w"+ 7 ~1~ 'k EE~~ ~1~ !1~ €!i Ae~xda 11'~emo T,~gs~t~ E,crkn~mie ~evclo~ment Autl~ari#y 11'~~;ci~~ng New R~~~ness . C'ED,A .~} - P~~~tC~[AE A~~It~;~;i~,l~'I' A~"1'YE1 T~ I~>~ C'p111.I~l~~l: "l'o a~pivve o~ deny} the rlaster Real F,~#xte 1'urc;~~se ~Igreoo~# #`or t~~c {sear C;rn~~e cdcvcio~nt Core Area, I4'C°T: • A review crl.' the slag crl' the City`s `1'11" c~~str~cts was referred to the ~~'~~ar~cc [}n~rnittcc h the lty Cc~~ricii. 'Ibis ~s ~r~ ~Ce~~~~~; ~ll~ lrre~~ic~~t~.~ Co~~~ci~ rcfcrr~~s, whoti the ~~'~~a~}cc C'~m~ttc~c ins reviewed and ~~iv~~. i~c~srnrnez~da~icx~s to the f~~l~ [`o~i~ci~ }d ~C~ ors rcciv~lo~,ct~t ~'~aiicur irr the ~#, "!'hc [.`or~t~~ttcc ~~as ~•c~ccivcd u~datc are the s#s ~~' tl~e Ceda~• Give Idevcio~r~c~t TIT l~~strict anc! the co~t~hff~a#~or~ of rcvc~~~o sources tl~t have beep inched iri ~#s ~~ncir~ piari, (3r~e of tho scrurc~ ~s tic resale ~~' p~•oty the City s plur~ccl at~d assc~nh~cd for ~-e~i~~re~rr~r~cnt. * ~'be Cif Codicil ~~ iJUA have pi•e~Fiousl ~r~rv~ciecl di~ic~~. ~:cr~• the ~r£r~er~~ at Ced~• ~ir~rve to be re#airiec~ by the City until such tame a<s par~ic~al c~~ve~crpn~~xf ph~rse Ibr parcel ~~~ received foim~l approval, I3eca~~se tY~e ~i~~ect will ~e sold iri pit~~.~es gird because the pricing of tl~c ~ropert will ~aed to he sccl o~ a calculation oI' ~srice deter~ri.ned mt t~rc ti~~c of the transaction, €r ?Mast local L'tatc t~c~~asc A~~eeinent lzas ~ee~ ~re~otiat~d fat is intended to so~v~c as tl~e ~~~trhrclia agi~cornont u~dci• which cacti specf#ic purcliasc agrccrr~cnt ~s dc~incd aid cocutcd by piss. 'i'l~c [~n~nn~iltoe ~~ reviewed the tcinis of the agrcrrtnf ~.~ ~arE rrf ~#s cct~~~~ ofJan~3ar fib, €}(}9. • I~x cc~z-w~.dexaticrn. crf the cli`ererrE circumstances aier ~~+i~cl~ each plse a~.rcemcr~t will ~e b~~h~ lurw•arcl axed irr reco~iltio~ of the cu~l~ent clevelcr~xx~~nt and credit ma~ccts, ti~kc l~Iaster ~~re~nrenl is fomtted #o def r~.c tl~c price for each phase or ~ro~ec# with ~ ~l~asc ti~rough an lysis of the o fo~~ta for the ~ro~cot. '!'lac City's devopt~ot~t cn~su~tar~l, H:hlcrs arrd Associates will pe`oim the pra forma analysts i~r each c.~sc ~~ cot~si~crat~~~n cri'trZarlC~l ~~ctors ~ciudit~ cons#ructio~ costa, br~ildtn~ va~~a#tor~s nr lease r~tc, r€fsccxra~t rate ~tr~ r~Ee ~r!'F~E~irr~ ~r~ effect or a~{~ropriatc a~ t~~c too of tl~e masc. • `i'o tic c~~tc~r~t tiiat Ebe sanalysis cleteir~es the a w~i~e d~rwz~ io a ~i~ce less tl~as~ market is tc~sar ~~ crr'rl~• io ~e~rtit tl~e plrase to p~~ceerl. the ~~~ree~erlt cvn#~s a look beck provision lhal ~a~rmit,~ the C~~ ~o per€vrin artotlrer fro forma ~uralysi~ upon the sale of the ~xro~cr~ or at lire ~i~~~reilc~n crl' Abe City, If the ~il3Aly~sis deterlnu~es tl~e developers rate oI'rct~rrn #o ~ ~rl excess ~}!' luxe rake a~~eeecl to at the time of the initial sale, the developer aid the City will share iii the die~ce on a ~~~ basis. * "I'hc ktnar~cc (~rrt~r~iit x~cc~rrr~,~e~~.deci tl~a~ ~ta~l'~r~}ceeci iEi~ the lilitic~n o#'the aeemerit ern ll~e laasis ~~€' the €e~-rks. 'I~.re aeeinent has been ctr~.pl~€ecl and executed by tl~e developer ~nc~ is ~n {~rcr ~~rr c:cwx-MSicleratioir bythe 1JD at Lfxne. d7 ~ ~a~'~~nerno ~~~ p~~e~ ih~~~ix fa~~c~ cad L"s#a# ~'~trct~as ~r~ctnn~ o~ ~~ge~ ~ ~~r~x~~~ ~~ City of Ea~a~ ~c~o Tom: T~ HE~fiiE, CITY ADIU~~h11T~tAT~R ~lU~: ~~ H~~E[~T~~h~, I~~IN~TY ~E11E~PI~I~~VT ~~E~T~ SATE. I~J~A~tC~ '~~, ~~~~ U~.~~CT: k~~61lIA~Y ~ ~IhtAf~CE C~1U~~TTEiE ~ACiEC~t~iJ~i~ 11~1~} ~I~"t'~~ - EAR 11E ~IAJ~ITEFt if~EAiL ETATiE PURCHASE A~EiENIE~IT ~'~ ~~Ilvurlr}g is ar} ~vrvl o~ #k~e b~clc~t~ound ar3c~ c~irec#ior~ provided ~y tl,e pity v~~ci! ~irMa~ce orr~it#ee with respect ~o t#~e r~aga#iation arkd ~re~ara~ior~ of are ~rr~breila p~rc~ase a~reee~# be#ee~ a pity a~c~ its as#er Developer fir #i~~ ecfat~ drove Fecleve~oprnent Ditric#, Doran Pra##, Bac~tg~our~d Ire 4~8, #~~ orrr~nit#ee receivec# are ~pcla#e ~~ 2+1i of #I~e distr`lc#s ~r~d ~~vicl d€~ection reardlr« each of threrr~. !r~ parkicular, #F~e om~ttee rev~se~1 a socrces ar~c1 ~s~s spreadsf~eet #ar the cedar drove Fecfeve~oprr~e~# Drs#r~ot #hat dei lrtec~ a rar~~e of f~nar~i~~ s~~rc~ in ~~l~#~~ to e~errdit~res #o date aid epec#ed. one of tl~e mare su#~star~#!al so~roes o~ ~t~r~~ls al! ~e the purchase prices for deve~opr~er~t property lay the c~eveiolaer as the reclevelopr~rat ~~tivii~~r rrroves for~rd. ire #I~~# t!~'n~, staff ar~d the e~1ar drove fulaster Developer, ~o~a~ Pra#t, have r~e~ot~ated ~ dra~# o~ ~ ~+las#~~' Real Esta#e ~'urc~ase Agree~e~t #o rover tP~e #erms under ~ic~ the p~asec# sale of pr~per#€es walk be ~~d~rtake~ b the i#y i<o tf~e developer. # its t-aeetir~g o~.larti~€ary '16, X009, the p'~rrar~ce ~mrrrit#ee receivec€ are ~~date rardit~g #~e forte of tine areeer~# ar~d #i~e stat+~s of the r~~~oti~tr~s, TI~~ ir3ter## of ~I~is ~aci'cgrour€d acct dlsc~ss~or~ is to provide ~ ~rlei' avervle of the gertra! terrr~s cf tl~a~ areeerk# a~cf the reason for certalr~ aspects of the ~alc~la#€o~ of sale price, rr~ ~onsic~erat~a~ of tie curfe~t ecor~o~r. Tl~e lr3forrr3a#ior~ is a# a very I~ih level, itF~ tip ir~te~ded o~#coe to be to respond #o oi#tee ~~tes#€or~s ar~c~ ~d~n#af~r ~~y realr~lrr~ lssuos to be addressed a the areeer~# i prepared for co~sldera#lorM by the ~~A. Further infora#ior~ reardi~g #~e ~erkerai flr~ar~cial issues ar~d acldi#ior~ai dioussio~ of tie furr~in~ sources p+~l~ ~e expet! #o ~e at a f~i<ure ornittee meetir~~. ~t9 eneraf ~ve~`-r~ ~~ tk~e ~4~ree~er~~ The i# and the devela~er curreotl~ operate under ~ Praefiminary ~}evelopn~ent Agreement, which was origir}alfy e~rterec~ into in Augur#, 0~~. It comrr~its tl~e #~art~es #o worm togeti~ee #~ define a phased deveiopmen# plan aid tie d~ils of ~ first phase, tees v~ whioP~ would then be r~r~r~r7it#ecf to tf~~e~gt~ ~ T~F ~3evefoprneryt P~greernent. The prelErn~nary agreeeni< runs througf7 August, ~~~~. Tf~e c~irrertt c~eveloprr~ent aid credit rrtiarlcet Dave limited tl~e developer's abil3t to preserMt #f~e next pf~~s~ of plans that would be necessary to cfeve~p tf~e phased plan arid, as a consequence, tie parties are not in ~ peit~on to rnove forward on the Developrnent l~greerxren#. Ire addition, f~avir~g f~ecorne the asser~faler of the developrrrent parcels, tine pity is in a unique sit~aatiorN that it can assist with e ~nar~ci~g of tie developrent pro forrrta gap to the greatest extent tl~rorrgl~ the purchase pr#oe of the property, rather tE~2+n thraugl~ payments to tl~e developer or other considerations #hat typify rnany rec€eve~~prrser~t agreerr~eats_ Far these reasons, in order to he poised ready tv c#o that when the markets permit, the pity ~r«~ the c~e-~eper Yt~ve been negotiating a fk1€aster feat l=stake Purchase Agreement that woui~l dune the terms and rnethodolog~+ for establishing the purchase prime of tf~e propert~r in both the short ~r~d ~or~g terra, Tf~e ~~si~ ot~tfine of the ~greemer~t is deecr~bed below: * dale ~~ 1~hase - As was proposeal in the past, the agreement would provide for tf~e gale ar~d transfer of pro~erky fey tF~e i# #o the developer only when the ii<y f~as approved a c~evefopmer~# phase for tine affected properties. This increases the cost of carry fvr the it~€: but it fs gi+res #f~e i# uftirr~ate coatroi oven tl~e development. I~r~or to any safe a ~~abfio hearing ~s necessary to ~fi~+ for cot~ents cencernir~g tine purchase terms, Separate approval fey the EDA is needy for each purchase a~reerr3ent. Initial Purchase Price ^ to a more typical ecorkerr~y, tl p~~rcf~ase price for red~v~foprrt~n# pa~oel should be tt~e rrrarl~et price for bare larsd, with the pity using TfF and other ~~~dfr~g sources to ofi`sei< the extraordinary costs of acquiring c#evefopet~ parcels -costs of structures, business t~elocation, clerr~viition, rerneoliatiorr and sib preparafsoo. Recogrtizir~g that tt~e current development anc~ credit marf~ets rata require tine pity to deeply discour3t the redevelo~arr~ent property in order to perrr~it ctevetapment pi~ases to proceed, i<i~e agreer~erkt would establish the ini#iaf purchase price ti~reugh ~rM ~r€a~y~i~ of tf~~ phase prq f~rr~~ b Ehlers and Associa#es. a parties would agree to the appropriateness of tF~e ~r~rko~ss assumptiorxs, inclodir~g the d'€scourrt rate and tt~e c~eveioperas return on it~ves~merst. Frorr~ i<i~ere, Phlers would worts bac#c to determine the land oast the devef~prrsen~ c~ufd efiforc~ to pay and still oreste su~cierft returrk to cause the developer to proceed. ~n the ourrr3t e~s~, ~epe~ding e~ tine nature and current rnarlcet support for e uses irN a particular phase, tF~~ pr~oe rr~a or may r3at be close to an ordinary rnarf~et price for byre larkd. 5~ • Look hack Provis~orr - 1l~ile it i epec#ed #o ~~ necessary to c~~sceu~t #~~ lard pr~oe to sore degree o~ some i~ not aj€ o~ #f•re phases, as the eco~orrry re~vers~ ~# is ~a~s~hle that property values will appreciate dir~~f~y or ti~rough increase asp rates, such #~r~t #l'~e deve~apera return or3 iavestrr3er7~ ili exceed #~at assu~nec# ire #~e ini#ia€ pu~c#~ase ~rioe pro forma. To account for this an~1 to insure tl~a# the pity partic~patas ire #~~ upside ~f}~uld it occur, #t~e ~g~eerne~t €r~cluc~es a "look Lack" provision that calks for are updated pro 1'orrrra an~lysls at the tirx~e #l~at #!~e project is so€d to a~ ac's €er~~th third party or at a t{me of tie pity's c~vioe, !f tha# ar~~l~s carrcl~des that tl~e origir~a€ rate of ret~rrr~ could have been achieved at a hi~~er lard p~rc~ase price, the agreerr~er~~ calls for the pity ar~d the c~eve~oper to parkicipate to the ~er~efit ~~ the hi~l~e~ ~e#urn ~~ to what t€-~e "r~arkei< ~rice'° fog dare iar~d would have ~ee~ ire arr orc#i~ary ~I~et, The payr~er~t of the ctif~erent~a€ would be subject #o a persona! gua~ante~ ~ the deve€oper. Ehlers hay adv€sea o#Yter cl~en#s r~egarc~in~ similar causes ire other a~reerrte~ts i~ other oornunii<ies. • Priirr ar~d Lie Bac far Different Property ~`ypes L ~'~e a~reerxrer~# lags ou# the pro ~~rrn~ acrd v~ltra#len approaches for each praperky type, ~aecause #l~e~e will bead{flerer~t approach #~ vatue for the orrer occrrpted sale hrrrnes that il€ establtsf~ -~alue upon tk~ei~ purchase ar~d the o#her #ypes o'F properties that i11 be leased over #€me ar~dlor sold at diffe~er~t times, • Terra The agre~e~t leas an initial terra of three years with the ability v~ Doran Prai:# to extend fvr an additional three gears if certain developrne~i< targets are ~#. 1e a~ticip~#e #I~a# a nurnher of the terms a~c~ inputs can b~ #~uilt into #l'te initial pro ~orrrra irr advance at the oar#set a~kC~ that others wild #~e c~ei`ir~ec~ as #~e arlCe# recovers artic~ the firi< phase a#~#~roacls approval. Da~ar~ Prat ir~dica#es that ~avirt~ tie IV~as#er Pnrchase Areee~# ir} pl~c~ i€I ~ermi# tl~er~ to inc€~de it ire tFrei~ ~na~lC~#in~ of #i~e site to various cfeve~eper~t p~rkn~~~ nr ret2~il ter~~nt, Pis ~ onseq~urrce, ~ agreer~erat wilt hotf~ put tf~e pity and c#eve~oper #o b~ in a positiorr to vve ahead as #~e ar#te# recovers ar~d pemnii tyre developer #o approach third parties i#h are esta~fihed approach #o va€rratior~ ar~cl looi'c back that Carr i or3sic~ered irr the r~ec~otia#r~s to locate tl~err3 i~ tY~e c~eveloprrser3t, o~~l~~torr !fit ti~~ ,~ar~uary `~ meeting, tl~e Finance orr~rnittee epr~ssec~ a~reerrrent i#~ the fraeor~c ar~d directed staff#o continue pursue firrali~atior~ o~the agreernen#. 1ith the input vt the or~mit#ee, staff and the consultants ftna€ized the agreer~er~t i#h the develo#~er artc€ it is irr order fog presen#attor~ to the ED at its Marcf~ ~ ~, ~~~ meeting. ~ ~~ntt Deve€oprt~e t Direc°for 5~ T~~ :~5"~"ivy 1l~i~ ~,'~'.~"~'~ ~'[}~~~ A.f ~~I~1`F ~.:,~er~i~~it"~} is i~i~cie #~7i-s clay cif 2.(}0~, ~y end ba<tr.~i tY~c ~agarf ~:c~~«~~n~Ejc ~c~cla~rnent uthori#~r, rta fini~esot~ in>.~t3ici~rtzl c~~rp~~ra€ic}n ~~13~.r~ir~~fi~t- re~~er~ed t~~z"~ru~;3~~3ui ~tthcr as the "~~L" or "~c~lcr"} anc~ L~or~f~ ~'r~tt ~evejc~p~a~ei~t, .~..~.C'. ~ I1~i~ies~tr~ iiln}~ec~ 1~yY{a+~}i~~liyt}~~5c~~r,~pa~y {I~era<irla~ter ~eFera•~~€ t~rc~~xgh~l~t cithcr as "]~ev~;la~e.~~" a~ "~3ucr"}. ~`f~e "Li+i l•• Vl~ iiel~~-„~ a3tc~ "~}ev~3o~er„ o~- "~~~yer" s3~a~] ~crcir~ai~r he refcrra`~~ to thrn~~g~c~>at as the ``~'a~•~i:es"~. VG'~~~~~'~S, ~~a::~ejr~er hay k~ee~ ~el~ctcd ~ the ~.f}A rxs the inastcr dcvc€opcr for the core zre~ of the ec~a~- fTrc~ve ec~e~elo~>«ne~~t i~tr~c~t as gci~cral]~ a<icpictcc€ csri ~h3h~t "l~" ~tl~c "f~c~c~~c~oprr~ent.l~r7opert,~f"~ ~f~d ~~~~FA, ~x3 c]xc1~3- tc~ pursue l~~e ~-~r~e~+e~oprrYC~~t. ~t is ncccssai"y for tic ~:1}t'~ tai cn~i~+cy i~ec ><itlc ><o portiosis of the ~er~e~clo~rr~erit ~'r~pe~•t}, €c~ kl~e ~l~v~~c~~~~a-; a~~t3 ~~~~E~tFA, c]r~e tc} ~k~~ cu~~+~~~ei~i~~ cif` the rcd~vc~op~r~cr~t, €ncl>ad~ng tnc t~~pcs of l~scs anci tt~c p><~~~h~se ~~"ice for the ~;'c~e~ as ~~e]~ rtes t~1e ~~~hse~~~crrt at~€~sts after ccr~xt~3~~ti~~~~ tai the im~sr~7~~1'~1Cnts nn the cdc~~c~o~rnct~t ~'ropcrt to valid{~fe the ~Sitrc~as~ l~r~c~. €~1~ ~'~:~-~ies ciesir~ Ls.r set l;~~-th ~he~r r~s}~cti~e rrh~igtttiorss, '~1 `i"iI>L~' in coa.7sic~er~tio~i off" the rrr~t~~al coy>ca~anis ~tn~ cs€h~r ~«c}s3 arf~l va~~s~:~s1~ considcratiot~, tic rc~cipt a~~ st~f~cic~~ cf w~iich ~s her~~~y {a-c~.z~r~~ec~~ec~, tie Pr~~-€i~s _~"EFL Off' 1'1~xEEET, "~hr, tcr~n of this A.-eeaxa.~~~~. ~~-~~i>E~.z>€7~ sc~)<e~~ to t,~ie ]1~~)r~'s c~~rl~ga#]o~ t~~ scl~ the ~ec~cvelcr~rricn# ~'ropcit to the ~)eve~cper shal], be for ~n Eni<t€{~~ l~~r~c}~ c~~-t3~ree ~re~rs, T"h~ F.3}A rE3~ty, i>~ the ~~1L's sole discretion, ctci~~€ t}rc tc~•~i~ i<'o'<~ ~~~i ~za~cii~.iona~ t~~ree~~~er~r tern., {xa~~i evelir~rer trsa}~ also tE~.~ic~ €1~~. ~eri~ ~{~~- an ac~ditioiaal three-ca~• rcrn~ i:rr ~c event ~xrt;€ b~ tae ea3ci off' the i><7iti:~a~ tern ~l~s; Ds~.vcl~~~cr ~~~s ~reg~~~~ ~r~- ~c~~-t~,lctrd co~strt~c#:on of ~~€o~~crne-t~><s ~~f~ich, ~ogc#hcr it~~ the ~'~~-cl~use ~'~~.ce cf 1.~ae ~p~~icab~ss ~'arcci~s}, ha~~c ~~r wf~l have a val~tc ~n excess of 3~ ~;«ic~~. ?- ~r~r~'~~rv ~t]RC;HrIfiF, ~'r~lc~h, At t~~e fi~~c tf~c i?cvc~opc~• dcsi~•cs to ac~>airc a portion of ~.e ecieve]opxnen.t ~'><'~pe~•ty e~c:~s, a "Parcel"} it sl~~afl rovis~c. t<} the ~:l~'s cans~lt~~t ~ ~ra~ fo~rn~ inthe for~nr~t s~ac~~v3~ ~~ Fxl~ihi~ "3~-" ~'he ~`s ccz~s~~]i~n€s ~~il~ review the pro fc~rrr~a a~c€ provit]e r~ re~:oni><~n.eud~tio~i to the ~~A ~~id the ~evelr~}~er c~]` the rect~~~3r~~nt~e~ p~>:rchasc price. (herci~ia~€cf~ tic "~ni><ia1 Pa~rchasc ~~~c:e" ~~c}r. s~1ch Paa"ce~~ for ~.e ~~r~~~i~~~~xle ~'arcct. ~f t~sc ~;~!1 arls~ f~e~~~li~~er rc3~ a~ree~er~~ as to the tia~ ~>archx~se ~'i-ic~ with res"}3ect ~{~ ~~~}~ ~'ar~e3, ~n.ci 1,~e el~ea-°s C~ar~ditiorr.~ Prcccc~cnt artc~ ~]cvctopcr's nnditions ~'re~:ecier•.t. set fni~ in ectioi~s 3 f~-r.d ~ he~-ecsE", reset~tivei'y. a~-e ~~tisfiecE, the ~.~'~ and ~lcvcla~pcr .~h,~l~ enter into ~ ~r~i'ce~ ~~~i~ch~se ~f'cerr7crkt its s>al~stui~tz~~]~y the f{~rr~~ {~~ ~hii~ "C"' ~tEached l~er~t~. '~"tic ~rr~tial ~'t~rc€~a.~c ~'eice sha#1 kxr. ~a~aYs~e cn the ~~.~ c~~" C.`~osirag iii ~ccord~na;:e v~it~ ~a ~'a~e Z;`Iv~AT`~R R~;lL~. ET~'~ 1'~.r~~~r~S~': r'~~'~~~~~;`f t€~c Yarce~ T'a_crchas~ A~`eear~t~.r~t, '~'~ie ~r3itiai ~'~;•ca~asc 'rice fox each ~'ar~el v~'i1~ lie ~>;~h~ca~# to a~~uslk3letYt as pra~~vac~ec~ to tl~~ ~{aFtY~ of ~'a7~ce~ ~urc~ase r~~~-e~a~rcrtt ~h7~ }~ ~ttac~le~ as ~.~'i>bi1. «~s}} ~, ~~.LL~R'ti ~:{.1r)T'F~OT~eS ~~€:t~~:z-~r:~rr. The ~~]'s c~bliatioii to coal.+ey' ~~y ~'rt~rce~ v~~~a~c1~ is part af: tie 1~a~de~~eica~a~F~oti# P~-~a~e1'#v to eve~c~~rcr is s€~b~ect to the s~tisf~~~ica€a, its t.~ie EA'~ rcasa~i~a~~~e discretiok~, ~>f cacti of .~ #is1lc~ing coz~.c~iEic~ns on or before tl~e fat of ~:io~}a~g; ~- C:oxa arr~r~a~a'[kr~ c~#`1*'~racrrx~r- '~'hc ~}er~~lca~rcr s~ial~ ~Sr<]V~C~~ oi~firi~~~ia~~r~ c,f ~~l li~~nci~g, irc a ~i}rrr3 acce~ta~r3c to #~e ~D!L a~ir~ ~Deve~opa~r, ileces~a~-y fo cc~~~~~l~:t tie pi'~~7{~~ed rt~pro~~~~sercts. h. :~~~or~ 'orr.~'rr~uc~irir~ 'ictr~rraet~ts, ~. ~}c~~e~oper shal€ pi'ovic~e evidctice ~~tisfac~ai'v to €l~~ ~;1~ ~sf ~VJOi`rt cc~n~3trtaawtiai~ s~~~a~~~sen~s t~ecess~~-~+ to coaia~~a~te the ~ro~osa~c} d~~c~opl~~er+t- c, I.d~~a1L r~~aiao.. o ~.Fc tray ~ o~alr'rhz{r~a~. ~'~Ze i3ovolo~er ~~,~~~ ~arovide t~f ~hc ~Il ~vi[~~.tYC~ satiSfacCca~y to like ~;~.~ of ev~l~r~~cr's ec{><~ity cc~~~tri~tttion ft~r than ~rop~s~~ s3e~c~opirie>Ex~- d. 'cr,~e~•r~.r~~.e~a~_a~. t~fz~z~~~r~~r[,s., ~)~ve~n~cr sha]] roccive ~~ ~c~a~~e~,~~, a~~r{~v~ls, pre~~kra~~3ar and ~n~~ ~r~at ap~rov~~s, pern~xt~ •4F,d ]ico~ises re~>~i~-~;d ~`ia~ir1 a~~, fader, ~€~fe rrr ~ooa~ ~caver~rnei~ta~ a~tt~ority ~3k~c~icc~~r~~# it~o~a:~ ~is~t~tt9~i0i~, t~tc {:~it~ of Ea~aa~ for evelca~cr's ~r~~ckscd dcveio~~x~er~t- 't'ic LEA ~~a~1, a~ ~~~~e~oper's re~aae~~~, ccc>a~.e ~:F]'~- ~i~ts a~s~3rovcc# in ca~~t~r~ectior~ it~i Effie c~e~elc~~r~ers~ its ~><~estxc}rs- e- e~e~oprr~.~~~,~~_~s, e ~}c~feio~e~- s1~a~1 have a~77~Eet-e{~ irlt+~ at~~~ ~t~.ci a#1 ,Ag~~ei:r~cnts reASCxxxa~h~ r~~~.-~ci day fhe C'i~~, fEF]E~IOr any ~tb.er ~ravcrrltia.etxt~] eiita~y [car the ~i'oposec~ c~e~c~opii~~~t itt1>~dtiig, ~?~t ~io>< 1itEilted to pt-e~aF~Yt4~at-y ~~9.iii1~C~ [~eV~;~{]~tilciits, ~i~~a~ p3az~xaeci dcrfc.~opir~en.~.~, easerncrlts, {tt3s~ ~L~y d~vciopn~e~it ~~rettY~cn'4 a:e~f~t~~ to tixe ~c€r~a1 cor~sti~c~i~~a~ cal` the prop~~~~d i ~ ~a ~' c~ r~' c1~leilt s . f. ~'~h~rc ~rrr~n~'~~>~er~a~.}n~s, `fav ~; rtxt~c~ ~e~voio~ei' sb.a~~ ~~~fc agreed a~}a3 ~hc ~~~ra~riate infra~~~'tcct~re co~~€~~ih~#iort to b~ ~~ai~ by ~ ~~7,A tcnci c~~e~or f~~~- a~~~ acid a1i ct~st~ assaciat~ci vwi'ih #~ie i~-r3~arr~~fcrrlnt n~' C.`avci{ct drove ~'~,i-iC~a}~, C;es~ar ro~~e ~~>u~~.~F~rd, ~3~n oa At~.~ taker ~~b€tc t~i~z'taven~cttts. g, r.s~ce~~crraeo~rs, ~'].~e x;11 t~i~.v ~cq~tirc s>ac]~ c~fYter reasonable a.~~~rat7ccs that tape prco~~rrs rfeveiop~~ae~~ is feihl~ ir~c~~tc~in., ~at~# riot iini~ted tc), rnt~~cet st€~dies at-a~ ~~res~~e rcc~x~irer~eFY~s. ~3 4. D~;~~>;,~.r~~'s ~'~~i~'~c~~ ~'~t~.~~~~'~~, I~c~elo~er's ~~hlig~ti+?tY to purcl~{~.~~ c137yr portion cal- €]~~ l~c~lcvclo pina~i~f ~'r-r~pcrty is cc~~~ti~gcnt upon i #~ ~~ti ~i`actia~n of iteizy.s referc~eerl ire 3{~~ t]~r~ngh g~ &~~o~+e ~i~d is also subie~t to e f~lioi>«~ a`.c}raditir~ns: ~- Dt~e rlle~ce, ~'3~e ~'!1 shrt>:~k }3rca~~ide to ]~e~relc}I~~r ar~~ and ~1~ Ph~..~e l az<c~ ~1~asc i~ 1~i1V3r~rx~r~ctlt~~ e.~s~rris that i:t z~x~ h~~r~ for t1~~ ~ec~~v~l~~~~rne~t ~'roperty, I~crrc~opex s~~]l p~;~forrn, at it~~ sc~je c~r.st ~L~d c~cnse, ~~~~:~. ~al~inations ar1~ irYS~cctior~s ze~ati~~a`. to the Iedeveltr~n~cnt P~-rrpcrty as le~+~~c~~3er sh~~~ de€era~ri~~c is ap~r~Pr~~te. ~L~ch d>_~c d~li~en~.e ir~~y ir~c.l>adc, l~~t i<s i3.i]~ IirrYitod t~, ea3~k~ecr~r~g st~ac~ie~, ~3~~r~a~g, percalatio~~. ana<1 ot11e~- ~c~rtl ><csts, a~~d e>E~.vi~oerlt s~ssn~YCr~ts of ~.l~e ec~evelcrpmcrlt ~'rol~~. bevel<>}3a<;r a1~d ifs c~~xl~ a~tliorirci ~~en~ shah ha~+e ~]ie right dr~~-aa~g the fearrn cal' €]~fs ~L~ree~ner~t to enter iz~ ~n~ ~tpo~i ar1~~ off' tyre. ecle~elcs~l~~ct:>< ~roper~~r trvc~ncc~ y tl~e I;II~L at reasozau~Sle tir~ics arlc€ with rcasoliable ~r3v~a~c L~~tac~, ~r~ orr~ea: tc~ cs}t~~Eplctc any c}~~~ cl~ligct3ec, I~e~velo~cr sha.~l ~~~+ alb e~s#~ {xr<cf expenses as~c~~iated ith ~~7~. s~~e~ cls~c c~~l~err~s; aid shall [~e~~er~s~, i~ideri~ni.l anc~ Mold h~~.~ra~~e~~ t~rc ~;~~~1 ~r~d i~~ rx~er~ts, ava~~lr~~cos, and c~r~Yt~acta~rs .l~c~n~ a~YCE a~Aiaist fl]ty ]irss, cysts, damages, 1Fal~xlz€y, sc><tlcrr~ei~[, ca~ise of Actzora c}~- tl~~'c~t thei~eoi' or ex~rerYSe {iz4c~~di~g ~~it~iout ~i~~itatio~7, i~eusa~rnahle attorr~ey~s' leis aid costs} ~ri~ir~g fr~i~. car ~-~~at~r~g #o l~ev~lc~per's d>_~e r~i]igerrce. l~ev~l~x]~er ~1~a1~ ~rolnpfl}, repair and ~-e~lc}re ariy dal~.xue tc~ the Ftea;~eve€c~~,r~Yen# ~ro~~e~'t}r c;a~xsed ~y c~a• o~c~r€~~ during ~3uye~~'s d>~~ cliligcnce A~i~i x~tr.trr~ ~hc cclevel~}~~rrre~t -f}~.3~3'~ t{} s~l~st€u~tial]}~ t~YC s~~r1e a=.c}r~~i~~c~n as exis~e~i ~~-icr~- fc~ concluctin~ s>acl~ ~i~~~ chi ~i gcncc. i. ]~eve~oger'~ ~~rslrrarlce, ]~e~c~oper shall p3-{r~rtde rho L;llA with ~;~~idcnce rertc}~~a~ly srztxs~~c~tr~i~y' to tl~e ~]~A tlYat e ir~t~et~~ri#~ieation o~}Iiga~iol~s ~#` ~v~lcrc~ are ac~ecl~~rt:#.e]}r i~~surcd ~nc~ #l~~t l~cvclo~er a~~cf its cons~lt~ra~.~ j~c~in~~i1~ at A iriirh~zr.un~ ~f tl~c fa~llo~virag ins>a~ance wi€~~ ]~~ni><s of li;>:biliE}~ rl[rt less t~lAll tyre an~c~>:~~ts s#~,te~i hold ~ncl z~-ree.tir~g the rec{~~ire3z~ent~ set forth 13e~-ei~~. ~. ~'olalprel7l;~Si~'C ~ixer~I I~aa~llity,, ~i~ C~VZ~7I71~7e.{l sl~gle li>€~.~xt for ~~dF]y, ~a3~>_~~•~ aricl ~x-~s~?erty damage of l,~{~{l,(}00 foi~ eae~ occ~~xea~a:~e and aaax~] ag~~egatc, s~~cl~ ~trlicy #o in.~I~de as adzfk~~r>a~ ins><ared f~xr ~Il activities arisir~~ o>~E of the ~}erf~rrr~~arlce; a~.ci ii) co~era~e fog- cc~rr~~?let~d o~eratio>E~~; liability Ji-ir~~ s~dder~ aceidontai clisch~u'ge~, disposal, ~-~~e.ascs or esc~l~es of cnrlt~>`rrk~z3~~~~~ oa• poil~tarlts; c~~n~r~~t~ial liahi~it}+ explosion la~r,ara<l at~d ><~ncle~-~ -~r~r>a=i prope~•ty d{>:~xrag~ hazard; 3~ cc~~la~se haz~r~- ~~ .. ~~'o~~.}~reho~isive ~1~tc~ir«~~t1~_~,~ah7~it~', ~;c~i~~~itieci s3t3g1e limit i~~3- hoa~ii~r fti.~~r~r, loath, ~t~~ pra~pei~ty da~~es of 4~~,{3~.0~4 i~oi' occs~rrcnce ~i~d ~.~~~.4~i~{} in tixe a~~rcga~.e. 3. LariCil~'s' an~stic~t3 ~ns~~'r~~.~e aid ~:n~ ]~~ cg's ~.ia~ri~i~~ ~1~s~rr~r~~~....Lit~~xt~ {~f li~~~~]yt~' €~ot less ~]~ail t~c~s~ rec~tairec~ k~~ l~v~. ~. 7'ir~e. 'i`he F~~~L shal] }~rnv~cie a~~~~ e~'i.dero~ o~'ta~ta~ 1t possoss~~ rclatuxg to taro cciveiop~oi~t ~'r~p~~`t ~~v~io~er a~~y, at ids s~>le cyst a~.~i e}~cnse, condr~aut _~~c~i ~t~~r adciitior~ai ~~evr~~v off`#zt]e as it deei~as ~~ccssr~i'y, Sri tie c~crtt t]~~t ] ~c~'eic}der ob}ec€s t~ ~xa}~ tn~s~.tea-~ i~~ title, F~e~~clo~er hail }arc}'vide t~.1~ ~ll w~~]~ i~r~i~.i~t itotFCO cif the s~jra~e. "i'f~o ~'rtr~-~ies a~ie tea work i~ ~aoc~ ~~it~i to ~rcic]ress may ~~~~cc#ac~3~~s prior to ire ~a#e oi'~.lc~sifi~, o. ~Sx~r~x~e}?, er~c~~~er ~a~~tst, at a~~-oio~pe3-°s sole cc~~t a~a<i oxp~3~~~, provic~~ a€1 sta~v~.~n~ ~~x~€ ~iat#irfg c~i` the edcve~a}31~o~t ~ro~~-~~' rlcess~>' for ~3.ze ~ro~c}~e~ a~cvelo~~~ci~~.. c~. .I~rata ~~a~ron ~r ..`o,r~,~'. ~~ foes assooiat~c~ v~~ith ~,~~ ~ropos~ci c~ev~~c~i~~><crit, ~3~c]txding, ~~t t~c~#. ]~rriitoci, ~ar~it{pry ttr~~ cl~argos, ~vatcr area chai~~e~, storm sewer ~h~.-es, pa.~-}c ~od>.crt~t~c,a~ fcos, #x~3k dc~i~r~#ac~rs ~`~os, sha~~ be iciet~><i~fec~ a~~c~ ~c~irix3t~~ ~i~ic~r icy ~ Bite ~~~ ~'losall~. 5. ";~s~1s°'. AJ,F. ~~ny ~x~rtiot~ oi' ~~SC ~tesie~ciopnl~r>t E'ra~~ort~ ~~af is ooi~~+~vcc~ ~}. t~.e ] ~i)}1 t~ t•~~e €~cvelo~ser is boi>E~~ sa~ti "~.~-is," "~~+]~~~'c~-is" ~vi~i~~~ut an~~ ~~a~`~nt~' o#`tiie F.3~I~, c~3x-av~s or iir~3~~ied. {~. ~'~.s~~, ~~7ce the ~~)A at~d I)evcfopeav ]3~vc sa~is~~~d a}1 oo~.citi~ons p~'~c:edcs~t, #ho ~'artics shtti~. eF~~o~' if~to a ~'arcei ~'ui`c~re Agf'ceil~e7~€ i~'~ #~~e ~o~t,~ artd test cif Nhi~i~ [[~„' a~t~cia~ct hcrct~, c ~ic~airig oil tie p>arc~i~~e cif that ~?or~ic~rf of fiJ~e~ ~edc~-ei~p~3er~t Yro]~ea-~}~ c€osF~i~~€cd iii ~1~ iaarce~ }'~tro~iase 24~re~.oi~t sh~~] rrcct~~ ~vii~,in 3~ d~y~ a~t~r the ~]~ i~.~.~ i>:olc} ~3a~ rc~>~ires~ pttl~lic hetarir~~ at~d ~.~e ~:it~, ~5o~~~ci~ a~~i~ Cit~+ of~a~~~ ("~'ity„~ has ai~~~`oved e ~iurcii,~se te~~~ts. 7. ss~~>~~:~:~. ev~~~~p~r nY~. ~~r~t as~irl its aria}it l~n~er t~r~s ~ree>Ex~e~,# u~it~ac~t>t ~lxe ~1`ior ~vri~ter~ coris~a~~ o~ tine ~,L~A, ~4+~13~1 ~=c~i~~~r~t m~.v rrc~t ~c ~rit-e~sona~sl~ i~e~~. I~a~~~~star~t~in tic foregoifi~. T~~~v~~oper r~,av assi~a.~ tl~i.s 1~is~~1-e~123ci~t r~vitht~t>:~ cc~tiscnt ~i~c~i~ tiic ESA to ar, er~~i# a~~i€iated 1~~+~i~3 ioll~~ .i. ]~orai~ rt~'ar ~,ec~t~~[ , ]'M`att, g, ~~t~V~~f,ar., except ~s pi`ov~c~~d Mere}r~ {anc~ as ~ifT2i~:et~ ~~crciii~, ~]] c}~ the tertrts ~ir~c€~idin~, ~a#h~l~t ~ir~~tation, ~vtirranties, anc} xe~resei~t~>:€t~rr<s) of tl}~~ !Lgree~x~ent ~S Yx~~e S~fA.S`~'~ :~'~~ ErE'A'f'~, ~'~1i~C11~AF~ F~"~' i~~ ~~r~+ivt~ anc# b~ cnforc~;ab~e ~ftcr ~~~a<. ~'1o~~3~g, ~xce~3t ~ri~se ~~rai~fec3 dry eve~o~cr e~ressl, 9- ~1T~~1:5, ~~ oi~.a~~rr3icrxtio~~s s~ri~ he da~-~~tcc~ to the ~e~e~c~~cr a~: Orc~r1 ~'ratt e~+e~opnlerst, ~~,C` ~~li~, ~- i~s~rat~, ~ic#'l~~aa3ager 7E~3 CY~er~rrs]~ o{kc~, ~~~~t 2.{1{1 Lii~rc~r~Yin~,#.o~a, ;irYn~s~ia 5439 ~ec?}3~rd - ~'ratt 3.540 ~v i~1o~~ ~,a~CC ~in~l~cfarc~ ~ait~ i 0~} ~T~drsais ~ ~~i ghts, Ivy] ~5 ~ i 0 ~~ ~t~i ~ co~~~ tc~ ~~seri~ r~Fne~, P-~1. ~ ~{}0 ~3 ~ ill tr~eE `~'o~~-s i~r~~~rulas, [~~~n~~r~~~ ~5~{~. ~ corn~rs~nic;~t3~~ns s~~Y~] he tiirecEec~ ~o ~~e is~A ~t: Ii~~~t~ ~~~kt~rrsi~ evel~>~t~e~.~ At~t~c~r3i~ t'~tt~l: '~'~?Ot27-r~S ~,- ~icdg~~; ~xe~.lYt~vc I}~re.ctor ~3~ ~'~~c?t 310}J «8C~ F ~at~, ~?~ S 5 i ~ 1. ~ E) f~31C~ C:if o~~~ar~ ~:i~y I~a~i ~lttn; ,1~~n ~~ni~~r~st~ir><, ~'~~r~rn~~~~.t}~ ~]e~+elo~mea3t Dir~c~.~ar 330 ~i]~>t ~o~} ~~ad ~:~gan, ~1 ~S ~ i ~ 1 ~ ~ {} r4, Cvl~P'~'1~1~'-S. '~'~e sec#ion h~~d'€~~s csr capt~tk~~ a~p~a~f~~ ira t~t~3 ~Lgree~x~e€~t ire €i~~ c~c~t3~~eniez~~e only, ire riot part o#` t~~i~ ~l~~e~az~t ~~~~ t ~c n~€ ~c~ 1~c cor~~~derec~ i~ int~aretin~ €j~~s ~L~reea~e~t. ~'rta~„e ~ITiA~, )~"i~4'i`~: P><f~~'fT~ !~(~F{J~:Ff~i~' l ~- L~'~'~1~~' ~1~1a~',~v!~:T'. 'iiiis ri~tcr~ A~~'ectnetxt cc}~~sti:t~.ites t3~e cot~a~ie#.~ arctr~e~~t l~cte~e~~ #l~c par~i.~~ end s~pex~cdcs arty }prior ~~~1 car fi~tet~ {~~~-~er~ctit~ b~~~vccf~ €hc i'~~ties ~-cgardi~Y~ ~h~s flg~ee~a~~y~t. "i'he~e arc no ver]~al a`oenxe~t~~ that cha~~~ ~l~i~ llgf'eet~x~nt at~d r~t~ +~i~cr of env of its icrs will ~?~ ~.~F#~ccti:ve ~~~icss ir. {~ ~~~ri<tii~g cocute by too ~'a~lies. 1~. i:31Ta~f~tC~ ~~FECT, T~73~ Ag~ce3i~e~~t finds ~t~d €~ct~e~ts the parties a~.d il~e.ir heira, ~~}~rescr~tativ~, s~cccssoi.~ ~r,d as~ig ~s- i3. Ci~~f;~r~ac~ L.4V~'. ~€'~as :L~~ee~or~t hrsa hccn et~~e~red iti#~ in the Mate t~~' lV~i13~YCSnt~ rt~nci sl~ali be ~c}~+ert~cc€ ~y and cora~~ruc~l its acc~~r~i~rrcc itlri ~~~~ haws of file ~a~c of itxr~~s~rta, ~4, {~C1~v~fSSH)~T5- "~'l~o D~ve~o~cr shall €~c respt~tYSil~ie ~~}r ~t3y ~€~~ all ~c~r~Yraissi<c}t~~ a~ad ~ii~ inde~.lt~if~ ar~d hold ~)-r ~.D.A ha~ml~a~ ~rot~ and a3is~ tail ciain~~, c).at~ra~es, ~os~s {~~` cen~e~ ~~nci~ac~it~~ casts t~~c~t`rcci is~ dcfcnclit~~ a~~y' claur~ Jtsr and ~~r~ice~~~e fees or c~}~3~issi:oixs r~.s~lti~a~ l~ot~i ~}ev~li~c~'s ~ctic~l~~ c~~ {~~eemonts 3-egat•dis~g Lhe cxccic~~~ ~~r pc~~`ot-rr3ance c~~' €]~~s creeir~exrt. "i'l~s c~~~igatior~ sh~~l s~a-~+i~~o the ~:3.;~~irlg. iI~F '~'1'~~~I~ ~~~i~1k~{3F, ~hc Yartie~ l~cret i~a'vc set t~}~~r lra€~cts as c~i' tic date ~~~ ~-cai` ~3r~f above a-ittcr~. ~'~Ca11i~~ FC`.~)~l{~~i~ ~}~1~i1iJP~F.T~]'€' i~~]TN~}'`I, a it3.~iesc~t,a rrYttni:ci~r~~ car~c}a-aii on i_iy; . IV.i-il~c 11~a~~i.~-e its; 'resident. i3}~; .. - .. - T~ac~rnas ~. ~~~dges 1<ts; xec~ti~Fe i=)i~-e~#o~ Doi~a~. i~-att i?eve3~~~s~xrcr~t, i1L'. ivi:iniie~«ta lit~iitec~ ]~~:~i3~ty ootnpan}~ --- ~~~-~ ,~ ~#S, C:hx~ ~~~na~~~----~ ~_--- ~~ EH~B~`L '~;~,~ '1`~ ~4'~r~-{~TE~ A~ '~"~'~'E PU1~~A~ A{iltEE1V~~P;T c~Felop~n~~~t Proper. ~~ K s--[ ~r`-~~ t../ F~F~ ~f L~ ~{ ~{ i .. +~ fa I--4 h+{ b~ ,~ L {} +-i ' ~I ~-I--i _~ .~ _~ ~' {} G 4 ~. M i 1°. o 44 ~ ~ # ~ m T ~ ~ ~ ~ ~ ~ 'x ~7 '~ Y ~ ~ to ~ E ~ ~ ~ 'l.2 ~ J O ~ N ~_ S3 3 e? °o L+ ` .. ~ ~ ~ ~t n r..a .eex t:. . ~n~ aooooo ~t-oonoon o~} ou-mac n<,n n znnon ~10~1 uu o; .i ~k f'~'~"r ~}u'~n Y~f'w µ3' ~ ~Je~ - -L,~`}~ u~Y •`x Jt ~'x X:k 3~: k.o ~~~ n .n r. n ci o c o}} u O {i ~- n rt o~ ca L- v 1- n r. n o 0 o n c o ~+ o ca 1 ~ 1 U _ v L 4 v< q. _ " ~ [rv F s t ~ F w ~` ~ - a a .~ ; c ;y 2i ~ y _ .~ - ry r _ p ~ u w ~ _~ v o u µ ~ a ~ C M1 ~ € Y n v _~` w u ~ t~"rt ~t~ =_t ~ rc r~n_F 8 a ~g stn - ~~~ ~ ` •• ~ Y ~~ ? - r~ us cau ='w'~a - o=_;cFx .. ~~r t'r R."tw F L ~ a ~ 3 'qc +~[ ~ ~ {J ~ µ - ~~~ £ C. t+P rS ~ R L~ 3' _ {'J t 1 o- u t4 ~ n t _ ~ 4 n n ~ ~ ~ ~ c ']. ~ iti x ~ n ~ 'z ty t ~ ~a .~.~- ~_ur2 Y~-tea =v. n~ E'c''y'~~~;}Y arF° a tr „mnv. '~,,-wrti ~}sO y.~i~ 5 rn~y ^~r.la,t}2 ='w c.~ vv3r~u c,~V"uF=~r~u ~.fe uzr~n ~Lr~rK n` G ~ '.} ~i LL ~ LL . ~ ~ri ti ~ s.i w ti San fl tp O LL ~ v LL U O ~a ~ i~ ~ s ~ ~° ti {i i r s ~ S t ~ L ~ ~ ~ ~ O K - w ~ u ~ ~ m w = '~ U } ~ r ~ - m K ` 3 ff K ~ u: u .Y P' ~ J u u+ u`~ 8 4 "~ K C{r~ tF 'rt 2 ti:J ,x . ~ ~ 't T, x' F ~ t3 Q I.'} ~ a k {' x~ S~ r. r. ~' ~~ r- := ~8 r ~` r. R8 ~~~~ n 04 n ~~ ~~~a • • ~ ~ u' ' . M1 e `e ~ ~ S} Se~~ r~~ ~~ [] b 4` rr3oco~occo 1'L YS ucc {} x ~~ SS~s~ {~rnnnri fl ~ao p u. '2 u y ~ ~ ~Z~ ~[ 15 { 1~ T ~ ~ { VSG b~ OG'1 GC~~i1 'J {S tJ L~~~ S °y F L ~ Y ~~~3~'F .~~~r T"Fil I'?~iC1~L ~'lJ~'IIAS1~ ~C~1~~~~1~'I' ~"~~een-,cr~t"~ ~~ ride ~13is tfay~ ~]~ {} }~ ~rld bar~ce~~ tho ~'agat~ ~:cr~no~nic i~e~~e]<f}~~-neax~ ~'1~thority, ~ li~~~esota ~.3t~~~.ioi~~~ caipc~~~tio~. ~hore~nafter "5o~le~~"} aiic~ i~o~~ai~ l~~at~ De~c~op~~cnt. I,~~~,, ~ i~~3i~nesvta limitec€ li{~~i]ity c~>n1~~7~7~~+ {~ic~~e~a~~ftor zt~u~~or"~ 5~~ler end 131}rer sli~]~ ]~~reii~~ftcr }~e r~fcri•ed fc~ t'~•o+~~l~o~t. pis the -`T'~1~#ie~". ~~~I~F~L ~~lor i~ t~YO ol3~r oi' cca~{~rE re~~~ cst~te ~oc~ter~ i~Y ~~cc~ta Cc7a_~l~ty, ~~~~nosc~ta and ~egali~~ de~eri€~e~i ati sct #'c~~-~1~ oi~ FxY~i~~t "IL" {~rercis~a~l~r the `-~'ri>~ct~y„~; ~~~cl Vx~~~I~:i~~~L, ~3ucr 1}~s cnt~a<e[~ into ~ l~e~r~~a~nne~~t A~xe~tnoait v~~it~7 Seiler cor,cerr~€~i~ t~-Se~ d~.velc~p~ne~at oft~e I'ra~ert}r a~~c€ ~djacorlt ~s~-o~e~es {thy "l~~de~~e~o~i~er,t 1'roper~}"}; ~~~ri ~IIFF~~r~, Boller }~~~~~ seil tiYC ~'r~~~~rt}. ~o I~lly~r ai7d 1~Y~er is iiliz~g to r~c~L~i~c ~13e 1'ro~ei•~}~ all ~~?~}~ the €e~-s ~r~.ti cur~dit~c}~s o~~.~t~`s3~ec1 ~creirs- Div', '~`fl~:~~;I~~It~, in cc}a~si~er~~on c}~` the r~~xt~al covcr~az~is arld ;}~l~or gc~«+~ ~i~~ ~falt~~I~le oo~.~~clcratic~~, the receipt .~ sx~~f'i~iea~oy ~]~` ~~hic1~ i~ hex-el3~y ack~c}l~cl~eri; the 1'a3~ties roe ~s ~ollo~= 1, ~'UftC;T~AS~ ~~~~~. fy~l~y~~1"la<e ~T{~1~~r/c{~,irt>:.~e ~~~~ce for €hc ~ ~'zc3~erty ~3~a11 be fLL1 4+.\C.~iL34+ i T~i1U i~~ I'~~~r~~r c~F ~'~:ix~:a~~,~~sE ~'ktk{'E, `I~,c I'~rcl~ase i'ricc sl~£xl~ bo ~a~cl ~ ~lxe ~a~+e~r art cl~ r~r ce~rti~~ec~ gads on ~~o cl~#,~ r~~`cio~~i~g. ;- ~.~ ~~r~n~.~a~~, ~~~cr has oor~~l~cteci ail l~e~~.ss~r~~ clue dili~er<co ai7d i~ sf>:tx~~icd ~~~t~ the cor~c~iti~zi {>~tit~e, ~. 1Ls~~ ~~~~~, Tl~e 1'ro~e~-ty E~ekng c~~~~~~cck key tl~e cllor to l~uy+or is hein~, sold A~-is, ~V7~e~ro-!s. v~~it~o~as~ ~iy ~rarr~.~t}~ of ~3c ~ollef~, e~is~ i~r ~~ril~~iecl. 5. ~c~sa~r~. .e ~.1~sin~ {"~o~i~~g:'~ ;?~ the p~rol~se cif the ~'~-{>}~oity ~13a1i c~cct~r c~3~ or be~t~ze __ ~}_ {"I}~tc of C:l~~si~g"} ~~1z-rc ~ez~a~ of tic esser<cc. 'I~~ C;losirag sll~}1 ooc~~a- at u~lxere~vor c~e~3n{~ted Icy the cllez- - C:~.t~ ~?~:~_t~'v~'s - ~HLL~R, ,fit tl~c lc}~ix~g, flf~. ~c~lez- ~]i~l~ exoc~a#c aia~l a<]eiiver t)~o fo~lo~~+i~.= a. ~~u~~ ~~`~~x~r~a 1~a::~c!- ~>,~it clai~a, deed i~ rcoorc~a~ile 1«~~n co~.r~ei~g ~i~ of ~l~e ~el~cr's ri~ixt, t~tlo end iza.~~rest aiic€ t~ the ~'i-o~e~-E. ~. ~~~,{ch.ase-. arr~~ ~o~~k6~rc.-t.4~~•~~~nera,t, e ]~ept~rc~ase ~>a3~i Lao~b~c]~ r~greet~ienl. ]~3 s~bst~Eit~~]] tl~ for>E~n ~~~ dot of ~liikait `:~ °' c, w~`~:~~cJ~'.5• ~Iiclavi~, A stana~ar~i C'crrt~i af~cv3t ~ tiie el]ei ina~FCrt:€ir~~ t~Ya~t ors ~lae ~]tc ~f {:losit~~ ti~er~ ~-c no ~~1 nt~t,tanclin~, t~~~sa><isfa_~d j~dgn~cn#s ~k~- tax iFeixs r~c~~.~ccl:cc€ a~air~st #hc ~rc~~av~-€, or {iii ~~~>-r~Crx-~~tci~~ ai~~~i~st ~~` i1k~+~~]}+ir,g elie~- ~~~-t1~c ~'ro~eit}~; ar~~€ #~i~t tJ~er~. leas beers ~,c} s~Cill, ~ab~~ c~a- rnater~~~ i~rrt~sbcd to the ~'r~~po~ty ~c~t3~~r >Yiai~ at tine rec~ucs# of F3t~ycr~ for v~~~,~c]3 payment ]~~.~ not been aclo car ~~~r ~~l~ioli l~.e~ha~tics' liens ~:c}~]s~ lac f~iec~; c~- C.)a~~r .~~o~:~~~ats. !u~y rt~r~~l ~~~ oEl~ex dc~currlor~ts xe~scr~~al~€y c~eter~~ine~ ley either ~a~, ire ~c ii~:e.ssar to ~.r~a~s~~r 1.,sat; L~o~u~~'~'~ - Rz~~F~t. A.t l]~e ~.losii~~, ~l~e. ~x~i~ s~i~a~l ~xe~~to at~a~ dciFVer iC) E~~E; 5olloi` ~~~ fCr~]L1lt7~: a. ~'~urchras~ Pr`ic~~. '~'lae i'u~-a~~aso ~~~~c~, +t~icb sl~ali be ~aic~ lay v~ir ti~ansfe~ car ~,~~ cci•~€#ie~i c]~eck. b. ~t~~p~rc~ra,s~e ~a.d. ~.ook~c~~J~~ ~es~n~~.t. '~'~xe e~su~~ciYasc and Lo~l~bac~: Ag~`cc~net~t ia~ sulast~nti~]ly tic form a~-a.~l Eet of ~,x~bit "," `~']~e l~c~>ai~~.as~ aid Loo~~ai~l~ ~lgroc~ae~~~ n~~~~ he recorded pri~~r icy and f~ort~~g~ ~l~at tie Fiu}~er ~~3a~F obtain. c. ~~r}~ 17r~~u~rae~ats, gay at~c€ tail ~kt~cr docu~z~er~tn~ c~tl~cr ~loc~ameFits 3-et~..~c}nal~l r~ete~~t=~cd by eitt~cr pa~•ty tc} e r,ecessa~`y to tra7.~~e~ tithe to e ~'~{~pcrt. t'~o~~,~ir~.t~. T3z~ ~el~cr and the Ruy~cr aee ~c} t1~c fo~la~i~xg ~S~-~krati[a~s aiad ~~]{~a~atiot~s of costs z~~~rditYg tl~€s A.~~re~~ct~t., Lodi a.T~l~e }fas~,rc~~r.~ c~~ad ~:°~o,~•3r~,~r 1?~c, "~'~c ~3~~}~er s~al~ pad ~~1 costs ~.t~ c~hta€r~ any review of ti#ie- "~'~e ~3u}+~~' sYii alsn pay a~] ~rcroi~r~.s rec~~iirccf ~'or the iss~xai~c~ c~~- airy ~~v31er's ar znc~~-tga~ee'~ title ~r~~~.ict~.s ru~c~ ~f~c~crr~cei3.L.~ to ~]~~ pa~ieies xe~s~csteri }' ~3~e3-- '~'~ie ~it~yer soli a1~c~ pay ~u~y ~lc~sin~ f~~ {s~.l:~~~'L;C~ ~?~~ tb.e tl €~c ~aiL7.~7~SF1. ~, Recr.~ ~s~raf~ 7a~r~s, ~t is a~,ti~;ipttted tha# ail re~~ csta><~ taxes far t~xe Prc}~,crt }~e~~.~ c~~n~Fee~ ~i~l be [mac exen~.~?t ~n #€~c e~~ c~~`~.~osii~~- ~~ the event t~~t tfie re{~] estate #~a~es a:~~ rAC}t tax a~e~.~~t, rca~ estrt~le ta~cas d~~e and pa~~able }~ tine ~~e~~x- ~}t~ eosin sbai~ ~e }~~c~~atec~ ~c~ the i~~te ~r~~ ~:iosin~;- Tha ~~yer ~r`r~.s to as~a_~t~i sky ~i~~ aii~ ~•e~~ estate taxes €~rac ~i~c~ i3a~~ab~e ~'oi~~~wing the year of C`io~i~g, c- }~ecorc~r'~~ ~.'~.sr~s, ~ ~3u~e1- viii ~~}~ t1~e earl ~c> >'c~nrc~ airy afire ~3~ c~~rc>ai~~cnts ~rec~ui>'cc€ at C:lr~sin~. ~i- ~S'r~~xr~~ I~~~'cl 7ax~i'4~+~•f a e Rf~'r~l~rrn 7a~, ~'~c Scher ~gt•ccs to ~,e ~-~~~~ota.si~~e ~~~~' ar~y ~~~~ ali eta#a c~e~~ tax ~iici t~,e 13~yer ~~a~l be res~c~ns~bia €or a~}' acid ~a~] rrYart~a~;e ragistr~><li~~a~ taxes, ~~- ~'tl~'1'-CST,C}SLC~Ca.{~1~f.T[f~';'1C]?~l~rr~,~){1.~if1C;. a- Look $a~~Jc "1{'or~ ~~'I~ '' f~~srca~erar?ir~J. ~1~~ ~`o #`oi~~~ a><ta~~ec~ ~.~-eto as ~xhi~rit "C." eont>vn~~~atcs tii{a€ the I'u~ct~asc i'a"i~~ #-or e{1cb resic#crttia] l~~# ~i~1 he e~ta~ishcd ~aseci Upon ~ ~3ereenta of tie F3asc 'rice {~.~ s~cirneti ~}erein~ fo~- eaci3 residential >ani€ t~i~t is sc}€~ to {~ ~€~saq>ae~:~ ht'<~cr. `t'he ~'~rc~iase ~'r]cc is based sc}]e~y ~n ~~iy'el`'s ro~~~tcd rte 'rice {~3~i }~t~st be valis~~te~d at ~l~c ~~>bsec~~ei~t c]trsing fair ea~1~ i~csir~e~s#ia~ t~~.7.i~. r1t tie c~c~~ir~g a#`eacks ~~.s~clcri#z~~~ ><ai~kt, I~'<ivei` s~ia]] ~~av~de ~~] d~c~~kxaeFr#{~tion ~-~ciL~cs#ad ~S ~e11cr to de#.er~r~ine #~~e Ba~s~ ~'~~cc a~ 131e a~csiden.~~a~ ~~iut he~~g soic~- t~c~ docs.r~,~ea~tation sha~~ i~c~~ic~e, ~>~l is rrat ~iri~ite.d to, a]] p~rcixrt;se agreei~.exain~, ar~~icrrdii~enis, c~~n~e c}r~e.~5, ar~c~ s~v{~n~ caf7stx~ctiaf7 s~titt'.3Tt~nts. Tl~a~ ~Sase ~'3~~ca~ o€~ the resttia<:i~tial ~n.~€ ~e~~~g soil ~s t~~c acts] s~ie ~~a~cc a~ t~~e ~tsidcr~ti~,~ snit ar~d sb.~l~ gat i~lci~i~e arY~ cosineti~. adc#ition~l cYa.ax~~ sciecteci ~~y' arr i1lc~iviciua~ ~~arc~a~ser. ~~ e ever3i tic ~ias~ ]'rice is higher 3]~~3~ ~~a.~ect.~c~ {~~~ the }ern ~:fJ1~72~, JSuyer rrrust ~~~ the za~crcase at ti~a ic~~]F~g. is~ z~{~ e~cr~t sh{~] €~ZC~re c ~~y r~:~`unc~ ~~~- ~~ec~alc#~an of e P~~rse ~'~-ica. ,R€ the di<s~:ravli~~~Y a~#' Seiler, ]n tY~e event tl~t seventy-dive pcreea~[ 75°0~ ~~' f1~e sicieFY#iai ilii~t4 ~avc sa~~d, Se~l~ rrYa}+ ta~Cc tic a~~ei-a~~ ~3asc ~'riee ~~ tie ~r~sy~clrti~l. units t~ir~.t iaa~re sold r~aici €~Ze avei-a~e s~a~1 k~c tie ~i~~e ~'~ice fc~3- t~~e rex~~~~i~~ re~i~entia~ ><3~ii~~ which arrlou3~t ~>ast be ~~a7~ to Se~~er atl~~n sixty (~s~l~ c~ays- 3 ~~ i. JQudrt a~ ~~ l~i~crt~~irr~. ~~ ~e~ler. € ate tix~~e ~~•ithiii ~ ~} vicars ai~er the iss~t{t~ec ~f ~ pei'inaa3~nt ce~~~ficate c~~` acc~l~~~~c~y ~~rit~x r~spcct tt~ all i~r1~i-a~~~~en~rc~~ts ~c~ eacY~ ~'r[)pci~y ~c~id to ~~ycr {~~}~ :;~~o~~rle~~t>~ date"~, t]~e e~le~ arlav rec]~est aix ~t~dit ~.a~> ~~a~ida~>v tl~c ~'~rc~.ix.~c ~'ric~- ~ol~er ~~]~t~o~~-€ec~~es that $~yor's ~~~ciortin tt~aaieii~.~ ~~~ ~Laret ci~~di#E~i3S ix~~ 1Fi~.it ~31~~'cr's ~iri~ity ~~> ~rc~~~>tcie pi~~~-s}.3t ~~~ran~r~t of the r'~Cld€#i0€a~i~ ~'L~rcha~e Pr~oe as requ~re~i ~indei- Section X~c}i}, A.t ~ea~t 3~ day's prior t~} ~;iosin~, ~3~er i~-1tL~# inft~a~~ tl~e eilcr of ~~ny such i-e~E3-ict~a~ ~a1c~ the J]di-€i~s agree to ne~o€xatc iz~ good ~~itl3 ~l~e p~~+rrrerlt lerr;ES of ar~;~ ~'~dditic~~a~ ~'uicix~.~c ~'riee, ii. t~~r~r~i[ ir+. t~~e ~'~xs~at.~ ~.]3~ ~~~r..r: r~zc~rrcirx- ~~ the e~r~r~t the Burr clesi~-~s #o ~'eiii3a~ice a~ly cxist~~3g ~r1oi•tgago ~i3 t13~ ~'ropert}r, R~y~c~ 77~a~~ ro~><~est ~l~at an fs~c~it occur icr vAlic~ate tie ~'~rcliase ~'~~3ce- iii, j~a.~di~ ~~a L'v~n~ r~ a.~S'a~~. ~r1 t~.e evci2t ~~ae ~31~cr i>E~€~~ds to s~~i t~~e f'rc~~~ert~~ €~~ ~x~ arEr~s-1~~3gth t~-~~ZSactic~ax trr a tla;a"ci ~Sarty, it 737 d4 re~~~~~t an a><adi~ t~~ ~~aliclaie tic ~'>:~i~c~asc ~ric~e, iv, ss~s~s r~ L's~~b~i,s~Iaar~~`aas~ P~~ce. ~13~ pro ~'t~~-.~ at~]3~d hei~to as ~~ai~it "Li" ct~nteiry.~~]ates th~a_t tj3 ~~rciif~.~e 'rice is lased ~ ~~c~n ~~i ~~rcccl ~a:oi~ inl.en~al rite of rc#.>.~ri~. re}~rc.senl.eci ~~~ a ~3~rocrltage t~sat ass>;~rn€:s a ~~-cai~ s{~~~ ~v,'ft~i a ca~3~ta~1Z~k~kSJ~3 rate tl~rtat also be c~~tc.r~r~iried ~rrior to ik~e ~osik~g. e- ~~cess~aa'• Ire orr~aar~rr~ ~o. ~'c~r~a ~~~r~~ ,4 ~rdi~. ~~ is L~nders~c~~>d #l~at a}~~~rais~>_~, ~,}~a~cd iu aa<.cordr~~c~ ~uitl~ ~ ~J~i.fcn~ Stana~~rd-.~ of 1'ia~~e~~ionai ~~:r~,rais~ ~~-~c;l:ico {~[~i'~P~, ~~ii~ lac nec~~sary tc} validate t~~. ~'L~~~h~k+s~ ~'ric~, ~~}rei` roust ~r~~~~crate and ~rov~d~. any a~[l alb ~ic~~LiFilCi~t~~k~~1Z Fcasorial~i}~ re~ues~e~ l~v the el~cr aria an}~ ~~~~zaiscr to assist i>« t]~c valic#~ta~r~ of tl3e ~~rcl~AS~ ~'ric~. ~~c~a r~o~>ainen[ttti~ii s~aa~l inc~uc~~, but ~s 3~c~t limited tc~: are L~~dt~~~~ prn fc~~-n3a >:asii~~ actual ~~}{~~n c~~sts. rek~t rolls, ]r;ase agre~rE-,et~ts, r~rsta~ agreen3ei~ts. ~7>ai~c~~~.SC agl~e~e~erlts, and cnix€3-~ctor ~,greekn~~~~ts {c~i~ecta~fci}~ tie "1~131~1t ~li~i?r~'Latl~rk}}~. ~, r1~i~ ~~~x~~.st ~~er, ~>, tl~e ev~13~ tl_ic a~ici~t ~s 1`eq>.~e~E~~ day t~.~ ~oi~ear ~~Ydcx ~~k-~aph 1~{b}(i}, the Sci~ei-, s~3a~l, at i.ts ~pcl~se, ~.a~re a cei-~.3~icci ~~3c~~~ra~nderit. ~crscra~ p~-c~~~rty ~~3~,raiser, ~~fl~~ sii~>~i~, u~it€~it~ ~ c~,a~~s ~~~~er f~ece~v~a3g the r~,udi# ~t~for~3atiaii, clc~ivei~ ~ ~+~~`ittci~ appraisal, Pi-~i}~rcc~ in accordce ~~itl~ ~JS~LY. stat]r~g ~>~Z {~~~nion of ,~al1~c of tae ~'ra~pet~.}~ ar~d stn ir~iparoverr~e~ts i~~catcd thea-~cr~1, ~3~ c~atc a~f va~~iati~rl shall tie the c#~te tie elicr i5ec}~a~sts s~~cl3 auc]€t {~l~e ;`a~~tia~n Date"}, ~f tie a~~praisAl rcvea~s a g~~atei• v~~uatini~ tk~ar~ estrt:~ilished ~ ~~apiiiig tie i~tcrrral rate of refl~rrl set ~i}rth or€ t~~~ p~`afor3~a to ~ apiia~a~~le tirnc pei-i{, t~~ei~ ~~a7~- ha~~' ~1~ of s~1ch i~.c3-~asc i>« val>ae s~i~-]~ ~c c~eer~3~d tine "A~clitio~~a~ a jP~ ~'~xrr~sasc ~'riee." ~J1~1css i3ra}'er rit~i~~tcs e)ler's ap~~r~~sa] as provided l~e~c}v~~, I3~~°or t~itast ~~~csvid~ ~a~°rYie~~t vrit~i~ ~ days of i~ecet~3t of tie a~pr'~i.s~~ c}1-the dditior3.a~ ~'urc~sse ~'~-ice, ~~f ~~{~ c~cnt sha€1 fhe~-~ ~c a r~fitnd or' recl:u-c:ti~f~ ~n #f~o ~'tai'ch~.~e ~'r~ce, ~~ the ~V~~3t l3trcr c#ispr~~ tl~~~ cider's a~}~3r~isal; ~~cn ~3irci• sh~)1, i:hi:n iii c€ays ~~er r"ecei~}t of the e~~~r's ~p~ra€sa1. at i trr, ~;~~c1YSC, select ~t~ ~~'1.3 ccr€fi=iec€ iiic~ei3~3~~e~~it g~tiei-ai p~-c~~~erty appa.'aiser ~~1~~}se r,~in:~ s1~~~1 }~e s~ec3iied ~° ~3itycr iii its ~~tfen ~~~ecl~c}i3- ~f the ~~o ~p~}~'rtsa~~~.~ carYtiof ~~i~ee ar, t]le ~+~~~t of rile f'1-~~~o~'t a3ic~ ~ixay ~a~~rc~vet7YCtits locafec~ t~,e~•~;on i:thii7 3~ ri{x~ of the se1<ec~~c}„ of ~3uer'~ ~p~}-aiscr, thcrf the €rc~} t~~}~raiso~'s shall s~~~ct; ~vi~iiix ~ (~ days fhe~'e~f].er-, ~ ~l~~r+~ ccfli:fteci i~xc~e~~~}~der~t gctre~'a~ ~~~}der€;~' a~ppr~:sea- Ec~ c~etcr€~~it~c t~~e va~t~e ~1lereinat~ei' the "irid~~}ei~de~f# l~p~rr~iser"~- '~'trc 1<nde~ei~c]e}~t ~prafsci' shall have 6{i c1<a~~s t~ deli`ver' ~ v~rittcn ~~~rai~~l; ~i~cpaa~d i:n rt~cct»"c~~~c v~~it~i ~15i ~]', seEt3rr~ fnrt~i ~is~'her ~~~}ir3io~i of ~~~ ~~a~ttc ~f tine 1<'roper[y~ arYd ati~r impr'ave~x,e~r~.~ €ocated #he~'~c}n ~1Y the ak~~€~c~n ~~~to. '~'~~e ex~}eaase~ i~i`the ~tYC#cpe~ic~eiit ~~~3r~iser s~~a~ lie ~~~~it cc~~aali bel.eer, the 13iiycr aiid ~l~er ~r}d ~c coiiclrasi~~e aa~~ hi~Ydit~~ ~pa~ the 1'~E•ties, ~~` ~-a.e ~~S}.3r~is~~ prepared ><}y ~ >•~~dendent A~~~.-ai~ert rcveal~ ~ g~~atrr ~al<irati:oi~ tii{~.~ e~Ea~}~is~ied b ~Yppi~ri~~~; t~,e iFYtcrna~ rate ~rf rctai'rY se# €~~rt]~ ~~r~ the ~r~forirYa tc~ t~~ a~~}1ica~le tirYie ~}ei~r>d, thcf~ [rile-]~a~i` of such inc><-e~.~e ~n ~~alitc slia~~ he ~e~3~ies~ tic "~1ddi:tia><l~t ~'trrchase )<'r-i~e-" ]3r3yei' gust pr-c}~~fde ~,rotiipt p~~ne~.t c}i the I~dciitroiia~ ~EErc~ase Pi7c~ tc~ i}te ~c~lr i*hir~ ~E~ clays of receipt of the ~p~raisal of the ~z}~~p~rlc~ei~t A~}1~r~3~er- In pia event ~lr~l] tl3e~-~ arc a r~fki~ic~ or' r-ed~ctiotr ~f fhe 3'r~rche price, Sheri . ~~di € ~s cotrrplet~c~ ~E~3dcr this secl~C~~r, car if ~ci~~r does iic~1. ~-ecliYCSt an ax~dit it~ain [e~~ ~ ] f7} ~~erlxs <>~' t~YC ~:aiT3~7]<eti~}~~ ~}dte, ~iYCi~ the lc~ok]~a~lc c}hl~gatiot~ i<s efiix~>~i ~hc~i {end eile~- }7ia~ not ret]uest. a f u~ther audit of the f'ra~'cl,~se ~ri~c. ~i. j~.~.r~i~ R~~u~,s'd h~ ~~t~ty~:r :~ ~~e e3~e~~~.of~.r3~inct~c~. lea t~3e cver~~. lie ~uciit is rcc€ra~ster~ b t]~e t3it~r rrl~.der ~~ara~,ra~ii 1~b}~ii~, ~.~e l~ncr, shr~li, ref ifs exl~er~s~., dire ~ cei-€a€~~s~ irYdcpe>E~r~er~t erYOrai p~'o~crt}~ ~p~}r~F~~er, ~~o sh~il, v~~itix~3~ ~Q cl:a}~s aflei• r~cey~•in~ the A~s~3~ lnloFaiYt~tiorr, deliver s ~vritficrr ~ppraisrtzl, ~}3-e}3ard Fri ~.c:cc}rd~t~cc u-itii ~1~'~P ~t~ti~rg Sri opi~.~c~a3 o#' v~~ Eze of the 1<'rope~•€~ ~rrd ati~. irzl~}~-~~vc~~ci~ts lacated the>E'ec}r~- "~'~ic dafe of v~,t~~lkr»~ s)~al~ ~c the c~al_~ the L~~ayer x~~u~~ts such audit {the t:al uatiort date"~. ~i' fie a~r~r~isai re~+e~~ls a greater' v~liEatic3rY than cst~.bllsl,~d b ~~}~~ing the i~iter~~a~ rate of r-ertEtrn set foi•~1~ c}~ tl~~. profortri~Y tc} fhc ~pl~~ic~cihl fie peri:c}d; €hcn o1~e-h~l €~ ~ i r`~.} of such ]x~c3-e~xse 3~ viue sh~]l be dee~l~ec)< th~~ "~'1dc~i#i~an~~ l't~rchase ~cc" ~iniess e~l~~- di~~Ert~,s J3rryei-'s ~pprai<sal gas set [~~rt~ E~ela~. l~~Yr~cr mull prc~vido prol~~pt payax~er3t ~vithiri 4 days of rccei~l ~~!' ~~ a.~praa~~] of the ~dc~i[icr~~~~ 1'}~rc~ase Pi~ic~, €t~ n~ event ~]~~~ ] thcrc die a ~'e~'rx~d ~r F'ec~ucti~krs iti tiie ~u><c]`a~~e 1'rir.c. 5 ~s ~3l the ~~'ent eJ~er displ~tes i~~l; ~~~ra~~~], tk~cxl, ~~i~~~s ~c~1t:r l~otii7.e~ ~3ltyer it]~i~1 Berl {1~ days ~lftcr 35eCe~}7t of L~ta~~e~'~ a}~pr~is. €3~~t ~e~~cr will €}ei~:r its a>:~t~it. rig}~><s as p~'ovi~ied heio ii~-r s~.a~l; ~~'~t~~in s~c~a t~~, ~}~~ d~}~ ~r~riock, ~t its ~>~vn cpel~se., solt~ct its 17V4~I1 oerti~~er~ irYC~t;pcr~t~ea3l gcticrr~)< prc}plsrt~~ a~~rr~ise~- v~~hase i~~~rne~ st~t~~i ~3e ~~e~.ified ~y~ F~liy'er €n its va~r~t€erl o~ijli{gyn. if tie t~vc~ ~i~~raisers ca~rlat a~~ee are the v~)~e. c~~l-t}YC }'ropeart}F and any 3rrl~rov~aneixts ]{~r.ated therc~r~ b~'i~~~31~ t)•iir#~' ~~~} ri~ys of the seicotiori off' ello~'=s a~prai~er, then ~]Z~ iwa ~±~prtl~~e3.~ shall: selet:t, ~vithir~ i~ ci~~s th~rer~~~ex, ~ thii•~ certil~iod inde~sea3do~it ~e1~ei'~l ~rrca~crty apprais~,r to det~~x~l~t~e the value ho~'eiix~ler tie "~.~c}e}~ena<lcnt }~pr~tser"}. 't'he ~r~a<ic~erlt~~i~~ Appraiser s~a~l# have ~3f~ {`says to cieiiv~a` a ri<tt~ez~. ~}~prais~~, ~.3~"e~3`diC'Cl ir1 acccl3-~3aricc with ~}~'A;C, ~e~#ti~ig ~cli~t.~,. ]~tsl~cr o~it~io>E~ <~~~ tt~tF ~~alt~e ~ki~ tt~t; ~'i'0~7ertV anti a~a}~ i~?ravelne~slts #hcreo~. (}]} il!lc ~~al>.~atif~:~ ~,te, T31e o~cpt:~ises ~.~~- the ~iicle}.~erldc~xt .~}~~r~iscr si~a~l ~~ ~}}~iF t:g~al~}. ~ctr~vccn t~i~ F3Y~~+cr aa.7ci ~e1~cr ~r~ti ~o~ e~ncl>~~ive arld ~iii~~ixa~ ~z~~ar~ the P~~-€~cs. if the ~}~~raisa;< }~r~}pared by €]~i: ~rscie~elld~l~€ ~1}~~raESe~' ~-~~'~~~s ~ ~i'e~ter va~~i~t~on tix~rl ap~iyzn the il~t~~ld] rato o~ retl1r31 sct forth c~a3 the ~ro~oari~aa t~ the a~plie~]~~c tune ~er~od, one-~~~€` ref s>_~ch i>E~.c~7eas~ iii ~~aiue s~a~~ Eye deez~a~r~ the "~.c~~itioriai i'ua-ehasc ~'~'i~.:e-" i3ti~~or rn~~s~ ~3ro~~ic~e ~rox~i3t, parneni c~.f' tl~ac l~ddi€~c~a~a~ ~'><~rc~~.~e );'ripe t~ ~~7.e ~~l~cr witliaa~ {~ days of receipt of the ~~s~~raisai c7~' the inde~e~.cierlt rlppr~isex', ~n ~o c~~eiit ~ha#~ there k~e ~ ~-e~i~'and ~r ~-~c~L~tFtion ci' t~,~ ~~rciiase ~'ri ce. Seiler rrl~ly ~ic~#~cr its ~utiit ri~~t.s upon ices}~t c~~ ~3taycr's ~p}77-ais~l€ as set fortis a>Lio~~, }rl additio~a, v~hen an a~ldit is t:or~-r.}~~e~ed l~~~dcr this ~tieutic~~7 1~ ~c. {iii, tlie~~ E}le 1~o1~b~~c3~ o~~i~~tac~l~ rnav be tie~eri-ec} at the o~s?~c~rs ~~ ~l~er. }rt s~c~h. event, Seiler i~aay 5ti~l rec~t~cs# Llii a~c>3t l~ndtFr ecti~sf~ ~~i.7~3~ car }{}fib}~17~~ ~Et c~31y t~J.~7~ V4~Ltl~in ~~13 ~~~~~ yaTS O~ the {:crrYipletic~~ ~3~€te, arc}~•i~icc€ t#. ~c]~e~` rn~~s~. s~~F,ordi~i~zte i€~ ahi~ity to t~c~aa~~uct s>.~c}a al~~iit of ~h.e }'~zl'c)~ase Puce to ~3><~yer's lcridef' >Lsy ~l-ee~i~g tit s~~c.~ a~tc€it ri~~,ts ~lYa1l ><le off' 3~~ fo~'ce c~~- e~l~t:ct ~nci ~i~a]] trri~iii~ste ~~x €he c~-oilt of ~~ lr.(~1i7~~tlf)ri of title ~ s>.~ch i.er~c€ei' t~l~cir~>r its assi~>«ce i`n#1o~~~in.~ forecio~ar~re ~~r a<ic~iver}~ {] ~~ ~ c€t:ed ia3 l~c>a thcreo~= iii. ,4 ud~~ I~e~~est ~,v T~~r~er ~~r~c~~r ~Sa~~. '(n 1.~7e event the aa~d~E ~~ rec~>:~csteti by ~~yer ~ia~dcr ~r~r~gr~~r1~ 1~b~~ii~~, l_3>ayea= ~ha#~ Provide the ~Ludit ~r~f`oriz~~ti~?a~ ~.~ veil as a cnpy ~#`ti~e ecetated ~~zc~s~se agrcerneixt rtirr~ aav appraisais ~t'e~a~-t1 in acct~~-~arloc with. s~xch safe. ~'he ~~ie prico >_~nd~r t~~ }3~lrchase a~reen~c3~t ~hai~ be c~~l~l~ared to e pro i=~r~1r~ pzovitied hr~~ u~e~- ~~n.~er Seetiorl 1~~b~~~~` {tie "SaJ~ 1'rioe"~, ~i- t~,e halo 1'ri~e ~cceds the va~taatioax ~~€~~,lishcd b ~~}~~ing f~1e i~ttFrriai rats ~i' 3-ei~irn sct fortl<i c}~ t€ic ~roforma to tl~e {t}3~1i~a~le €i~3~ pcri~lc~, €]~cn oric-h~~£ l 12.E n#~ s~t~h e~t.~.~s sia~~k ~e decmec} ~l~e .~clciition~~ }'~xrtFlse ~'Fice. ~3~~~+ex- ~~iust pravitle f~xlyme~.t c~.f' €hc l~dditicm~lt }'L~rch~se >!'rit:c at the C~~c~sir~g. In nt~ e~+cnt shall thrc ~e ~k reli~l~d ~~ the ~'~1~c1'rasti ~'ric~. b ~~ Wlxera ~~1 ~k~d`€t is cc~rr~l~~~tcc~ k~r~der this secti~ii, ~~a~r~ the ~~okb~ck ok~la~tic~~~ i~ e~cting~tshec~ ~r~d Scher ~xs~}r not ro~kacst ~ f~i-tller au~~t of the ~'ki1~Ch&8~ ~ii[;~, d. ~~h~i~atior~s c~ ~}3~ ~r•. ~3nycr T3.ikl~t ~o~pcrr~te 1'~~jv iE1~ a~~ audit. axaci ag>'ces #o ~~rc}vi~c, ~t €ts sole c:~~s~ ~n~ c~ea.~se, a c~,rtified dk~diL }+ ate i~~e~endei~.t C:P11 t~ provide ~13~~ A~kc~it liiforii~~ti~r~. e, '~c~~•i1b+, ~hereli~~xf.~e.~- tl~e "4 ~~~~~~nt~~~~s''~ s~a~i ><ai~ct}~~c~ifi«rsa1~~~ ~t~ara~~.y i~o ti~nel c~e~kverv of ~,n~~ aalc~i~ a~~t~ #~ic px~yrnei~~~. t}1~ a~~~ rl~dltioix~~ ~'a~`chase 'rice, ~'. I?e u~~t. In the e~r~~~f #hc Buyer anC~ e ~rk~an[c~~- €~ail to pro~+ic~~ ~Ety1~lCfi# of .dc~3t~{~rEal l'x~rcliase ~'3':c~, #ha<. Seller n~~~ eo~riae~x~~e ~tr~ a~tiot~ in ~)~l~at~ C~~k;:nty ~~isti~ict c}kz~t an€l sl~r~ll ~~ ~.~titie~ t~~ ~t3 ~~rd t~~' ~~~ cs~s#s of ccsllectic~i~, iac~l~clin~} bul nc~€ ]~rr~i#cd to, reaz~c~x~al~le €~t~.o~'~~~y's= fces, t ~ - I~Ic~~'ic:~~,- Ail coti7~n~nica~.ic~rss shall be d~rectcd to the $klye~- a~: ~}t1~-Y.aF] ~f~tt 13c~'eiOp~xsa~l~><, ~,~,~ ~~ell~ ,~. J7~~ra~Y, ~'liief Ivlr~k~.~~e3- 7(~3 ~zlerxrc~ Read, t~itc (~ ~3~~~+~rr~iii,~ton. Iv~xt~~~~~r~#a 554 ~i'att {l~d~ay ~rope~ies ~,eon~a<r~i W- ~'ratt 35~}(} ~llo~~ ~.,~jc~ ~3o~k~cvard, ~~i~e ~ a~rra€s ~ci~hts, 1 ~S 1 ~ U With a copy to; iv~e~sc~li : I~i'aii~er, ~',~- 18~(31:'il.~~~ i~-eeE '3'ov~~crs 15 ~uth1~i~tl~ treat 1v~ir,nca~olis, Ivli~xnesa~~ta 5~4f3~ 7 ~~ ,A~] cr~~nfrf>~nic~~~ora~ s~a~~ Esc ~kirec~~~ t~ tire e~1ei~ at: ~Ta~~~ F~cor~ortiFC eveic,~nnent }1~atiic~~i [}' ##ii: ac,r~as !~. Hcc€~es, Exect~tivc il;.tc~,- 3~3{~ ~iiot ~r~~~l~ Ftc~ad F agdrE, lv~I~r ~ i -! R ] {~ ~ii~{~ ~~~t 0~~~9~e~n 1~ttE1: ~a~~z~ I~~~]~e~s#cin, o~n~kl~,i~v L~c~~clo~s~~-r~~~f ~lircctar 3l~3{~ ~'i~a~t )ixo ]~~ ~- {:n~T~or~~, Tie ~ecti~ra~ €~cadiii~s c}~- oaption~ ~}3~re~ritYg in ti~is A.~~.-ee~,leE~t are for ct}~~v~~~ies~cc only, ;xre ~;~t ~~art of t~i~ Agrccanei~t ~l~c] are ~~ot to k~e c~fn.~~deFCd iu it~terpret~n ~I~is l~g~~ccinent.. 13, F'1'~z~ ~'~~~t~'~'. his ~~ri#~en ~~reo~ci~# c~~,~t3t~~tcs t~~c cori~~,i~~e ~grccrncx~t ~ete~~x t1~e par#ics anc~ s>a~~>'~~dcs any ~zic~r oral or ri~le~r ~grccr~YC€~#s bc~v~~e~a3 ~~c Parties re~~-t~ing f~ri.s l~greeii~ea~~. ']'~ca~e ~.~e n{r ~vcr~~i a~ree'<zxenE~ that cfial~be k],~s Agrccci~t €~rid ~.c~ ~~rai~~cr of ar~}~ a~' ifs tcr~s i]~ use cf~'cctFVe >.~ii~~~4 3~~ a ~~~ri~i3ig eec~t~.d 6 the ~~~ties- ] 4. ~3rr~~~?~~ Fk'~~:c;7'. 'f'~is ~r~e><•ne~,t bitat~s a~}~ ~cr~c~ts #~e ~a~•[ie~ a~,d #~cii' Y~exr~, rrCSC,r1~~~i~r~S, ~>3a1ce.~sors ar1c~ r~ssi~rr~- 15, .C-~c~yalat~y7c~ ~~+u'. ~Yiis ~z•~~~r~en# ~t~s e~ cr~t~rcc~ in3.o ira t~~ ~at~. o#~ I1i~u~~~{~~a c~11{~ 5~3a~~ ~7~ i>ver~YCd }~~~ 7i~C~ ct13~~~1'~1Cd lr€ rttcc{~rs><anc wig ~ ~au+~ {>~ i1~c ~t~te o.~ 1iir{SQ~~9. 1~, C]l~~k~€a<~rvs. '~'~ic i~~ayer sl~~~] he resi~sil~]e ~rrr ar~v ai~t~ x~~~ c~~a~~~~ssio:~s aii~3 ~vil~ Enc~cmr~i#'y {ci ~7~}~d ttic cil~,r ~~a~n~~css fi~oni ~,ay anc~ ail claims, c~x3~~~s, costs or experrscs {ine~>:~rli~i~ ~;~~t~ ir~c~ii'rcd ~x c~efe~Yd3ria ~~~~+ c~~~~~~~ fog ar~y r~kera~e~ €`ecs or Ct?3.zr,x~i~si[3rF5 res~a~#in~ ~i-~~~ ~3~x~ycr's acti{~~~s or a~re~i~.e~~t,~ r~.g~~c~it~g e e~.ecutiot~ o€~ p~i•~'ozar~~~,cc of#his ll~e~t~.7~e~,t- -!'f~is obi.{~tio~ siial~ s~~•vive ~.~~ ~;lc~sing, 8 ~. T~~"~'~Iv~OI~ ~~'~-€~,1~i=.~}~', t~i~ f'~~-tic f~~i~~.~~ ]gave sct t~eF~~ ~.~:r~c#..~ ~~ of #h~ d~xte a~nci year first a~}c~~+~ '~~t~e~ Vi 11 % / +~}~~ Vi~S 11~~~i~~F 1*1L1~ i AiJ'i'i~~~~tiT, a IV~i€u~s~t~.l~i~nici~ra~ CCri~ 1{17`3t~ C}!i '•>~~~~CE i~9~{liT'~ Tl~~~~a~ ~1. l~cc€~es ids: ~xe~~[~r~~ f~ire~#~r 4 ~}oran i'i-~i~L ~~~.v~~oplner~t, ~,~,~:, a 1~r~~eso#~. ~i~~3tec~ 13~f~i~~#.y. cora~~a~~y ~~j~r .~, i~~Tr~ii '~t5= ~'~71Cf f13ic~~T~I' ~q ~~?~tA1~1'~' ~creby. ~~~rcc}~~c~itior~.~l~}. gt~ar~ka~€y ~l~e tira~ely d~liv~x-p cif tl~e a.#'~,r~~3cn~i~rlec~ audit aa~cl tic prni~s~~t aF~d eoliet~ ~avmelx# ~~~ tl~o {.~~cll#io~7~l ~'t~rcliase ~'i~ace", i~` any, ~~~~yable ~y ~3u~'e~r ~~der #i7is -e~n~cr~t, p~~rs~~a~lt #o Sec€~c~n ~i~ ~~~` the. ~'a3-~e~ ~'~lrcl~ase .~,grre~-ne~.t- '~'~is ~~aranty s~a~~~ ~c ~~n~llaumP arld ~]x~~l SL~i'4']v~ a31~' cl~~s]r~g. !{} ccl~~~}~~Qn~iSe, }.i~tG1'a?i021., ~F~~~C~1~-1.~31t~ }7~~C~i~lC:~i][171, Fll~'~J.-, [;C)~1SCfi$ Cl]- c~thcr ~i;t30t~, or cie~a~ or ~dl~rlis~~c?r~f or #`ailk.i~-e €o act i~ any re~~}ec~.t tl~~r~of. s~a~l iil any way alter c}r a~#`e~~t ~rE~, o~ ou3- c~~rl~gatio~as ~~s~cr this [FL1~Lc~nty- '~'hc Sel]e~- ~~~a pr~ceeci t~~ pr~tec~ acrd el,~{~~ec ~la~+ ~>~ all of z ~-igl~ts ~nc~er €}~is {1~aaral~t~ b su~~ art c~~aity ~~a- act~ot~ a~ ia~4r and shall ~~ e3iti~~ed to ret~~x~3-e and e~l~>rc;c tl~ pei-~i}rmar~ee lie~-~Ylnc~ei~ ~}r ~s as (~~~{~r~~3~i~r,. l~~~c~a ~xr~d c~~ery rcxnec~y ~~f Elie ~S~]~e~ slia~l, €.c~ t~f~ extent ~r~rr~~~tted ~y la~~r, l~~ c~~~~lulati~e ~~}s~ lac in a~icikt~nr~ to arE;~ other rerraody ~zve~ ~crca~n~ie~ r~r ~t~ider t~aa~ gi~e~~a~t~nt or t7~~,~4r ~»- llcreae~ exist€ng iii ~a~~r car ec~s~if~4~. 1~ L'113.~ R L7 i 1 {{tl~} ~.~~ga~ ~~sc~iplic~~ `Z 1 P 111 t11}~~ iiD77 "~'~ii:s ~~e~ruri'ha~c anc3 ~~telt. ~3~c€c .~grt;ci~ie~.t ~"r'~~,r~CLT~2~i]~"~ i~ rnadc ~nci ~~t~~.~ti 3n#~ tiii:s clay of .. - ..._., ..~ ~~` tka~r~ l~ctee~i ~.b.e ~r~C~~'~I~ ~C:~I~C~1~~I~~; ~~~~.0~'IL;I'f .~LF~'~IC)R]'~" a Iv~it7r~e~~rta t~ltnici~?aI ~orpoF'~#jot~ {a.]~e "~f~", ~r~~ ])~-E}~1~r{,1T~ p~'~+A'~°~" ])~~~~~~~'TvIF1~#`~', LL~~, ~ ~~1~13L.SQ~€~ Simi€ec~ ~iah3~it~° car~paj~y ~13~-c:n~fter {{ i ~~' V 411 ~ NA 5}~ 1~~~~i~, the 1~1~,~ rxlic~ ere]{~~cr stave e7ktereCl it~ta a ~'~~'ce~ i'~€:~.~tasc ,~~i'eer~ient, ~f~ted ~~ ~,~ ~~ _ -.- ~~~f~: "E:~rltrac~"~ rlati~~ to tiie ~~~~ end p~rc~iase ~f a ctrt-~ait~ iFtttt or p~~cel 04' ~~ncl si#~a#ed iii ~}~It~r1a ~:o~tit.}+, 1vli~rYCSOta, desc~~~}~ecl as ~~.~ f~~h ~3~ ~xlt%~?~~ "~-" attrxcheci l~ere€ct ~ncl incar~oratec~ ]~et-c]t~ ~tiie ii~'t-it~~e~t"}; ~rx~ V4~~~5, coiiteai~.~~ttt'r~F3ec~~sly here~lh the i~f]A. ]a~.~ c4~rt~~ccd to r)e~e]c~~:ser tl~e Propei~.y, ?~, `~I~E~i{};, in fiai~he>E' t~s}risldcratlori crf" ~h1s c~tlve~~al~ce ~nc~ 3t~ i'ttrtltt;r~arice ~i` ~]te ~tr~c~crstr~rtt~ira~ ~Setv~'Lt;rr tht: parties, ~evelca~r~.r l~t:i'e~y gt-antis #~ #l~e l~~~? the ~ollctva~~~~ ~~gti~rl to t'ettrchase the ~'a.-L1~teFt~; Sccti~rl ~, TE~'~JI~[~~I~E; ~f it~~i>E~. to {~ ~c~~•s ftot~~ t~~ ~Ia#e i~cvtFl~~er pi~rc3aa~~s the ~'FC~I3tar€~' L~e~•ela~~et- ]iaw 31t~t c;~krFtrrst;t~ctFd tiie carts#rt~ctioli of ~~ae ~t~t~rri~~crrtrtts, its ~lefitied i~t tll~lt c;ert~arr ~~vejop~ne~it ,A~,7eer~se~3E clatcd .... _ _.. .._ ~"~}eve]c}~rrt~e~t grc.etratFr~~", c>a} die ~Fftp~:rfy tllc~i the ~T)A. r~aay ~t t3s c~~tloti re~tu3~c~ast; the ~'i'~pet-€}+ ~c>a- ~ ~LtFC'.~tas~ pace of ~css tYte ~~~~~tkt~t ct~' ~F~y lictis or c]a}ifs agains# #1ie ~°~'o]~e~-€}~ 3-e~~~tirtg frotrt act€o~. b €]3t. ~t:ve]o~cr, 't'he ~~)r~ may e~ccrci<se tb.is o~tittri to re~t~rcliase by ~~~+=tt~ v4riftc;r~ no#ice t~ T~eve,Irt~p~.r v~~ithin thirty ~30~ ~~y~ ref #~~~ ~~il'atitr3t ~~~ t~tc..pt;riocls) s~ecifierl above. Ls~oii recei~~in~ the r~~r~r~Ytas~ price il~ cash Ei-cn~t tltc ~A, ~?eve]ctl~er stall corrvc;~ #o tl~r ~~~ gooc€ anti sl~ar~e€aI~]e t3tlc to ttic Pro~erfi.}r 1~~r Iit7ti#ed arrr~aify ci~ec~ ice ttn{I clear of rxli eric.t~braiices ~I~c~r~ «t- ~t~I~~~re;rt~ fhcroii by ~}evel~}~rcr. iti the e~e~~t l~a~ ~}~veltt~~e~ fails or rel~s~stFs t0 remove ~ltch enct:Frz~s3-~tn~t:s, ~l'tt; ~~?A 3llrtk~l ]~e ~]l;rrtil~t~C~ #O I'~T310Ve 511C~k ~~iC:l}3-k7~7t-at3tFC5 a€ ~]c~f~~o~cr's so]e co~€ a3acl ex~3en~e- I3c~~clopt;r Yt~rehy ~gFCt;s #o lnde3i~iuf the ~ ~t-t71n ttr~}~ f<t~cl alb ~iabiii<ties. e~tea~ses ~~-ad ct~~~s n~cut7er~ ~lEic~ud~iig ]}t~~ rti~t lard#cc€ to r~asotiable r~tt~a~aev'ti fee~~ ~raslrtg ot~~ of o3' re~rxterl #o th.e rear~trr~a] tt~ sttcl~ ~ii~Fi~.i~7rai~ce~- ec~]r~~ 2.- I~IJ~-,~~15~ C)~~" ;1'~~1C~~AF FBI{~I~"~".. if t'i~te~ ~~t~€ic~. tr#" ctl3€~ct33 exer~~fstr ~~ riot tiii~e~y ~ive~~ €st I~e~~~~o~,cr l~y..~.~}l~ or ~f ~velc]~~r', v~ritli~ tw•o ~ ~~er~rs from ~13e ~a~e ]~cvt;l+~pcr ~~~'c~xase~ €he ~'rct~~er€y, cc~Frtrn~nct;s the cony€rtzc~irrrt of #hc ~rr~~r~vet_tieE~ts o13 €~~e i'i't~~e~f~ ~vltl~ita, s~,td Eo ~} ye~xr p~i~C~C~, ~hi~ option to re~~tfrcha~e shall tcr~~itYa~c abs~lxttci~ ar~d she EF),A ~l-,ill talon L~c~~elopcf' f'ecluest, °xecut~: acid ~e~iver its ~~~+~~~rp~a- tt rc€cas~ of the ~c~itrch~xs~ right i€~ r~~cc~f~I~~rlc f~orr~t. -la ~Scc.ti~i~ :~, Sf'~~,~: {)i{ Y10~_'i=;1~`~ }lc~loer he~3~~:hy~ ac~cr~o~~~led~;e~~ anr~ ~~r~:cs ~~7~~t ].?cve~c}i~cr s1~a~l not ~el~, t}>' t~a~~s#~r titi~ to ~~~ ~}r any portion of ;arc ~'ro~et~y itl:~a~ l~} }ears from t~-ae ~.atc ~~~ ]~velop~~-`s ~}LGrch~se nt= t~~c I'ra~er€~+ ~~~t}~al~t #~ie ~~~c}r ~r~tttcrr co~isf7t of ~}~e FT)r1 or t]x~ ex~~~~ti~~ ~,~~d c~e~iv~~~}+ ~~' ~ rel~asc of tie ~~e~L~rc~fasc ri~l~t seE .I't}3-€}~ here~r~_ 1~r~y ~~ua~s~rtcc~ ~[ra~ve~+~il3CC or tra~~sfes• of tithe ~~~,c}~t ~t~c ~?rior ~4'r~tE~:>;} cot~scn# of the E. 4]3c11~ b~; cons~cier~d rtt~~] r~t~d vc}~c~. T~#c}twit}YStat~c€it~~, I)e~+~}c}~rcr tray r~ssi:~ra €j~~s _Agr~~r~ici~t ~~i<t~c}tl~ t}~c c.~t7se~l c~i`th~ ~~~? to rt~~ ek3~~~}~ ~i'1~li~t~d with ~li~r ,~, T~~~r~~} an~lor i~eoa~ar~i Vw~. ~'rt`?tt, 57~r~rt}i}13 ~. ~,C)~4]3r~C' ~ 11~ci~r S~cf~r}r~ 1 {1 0#' t~3e ~'c~r~trac#, the p~a~~~ha~e ~ric~ ~~~~ic~ b~~ ]~e~~c~oi?er f'or ~~3e }'ri~pcr€~~ is s~xb~e~t to a ~~}~~}c~aciC o~ligatic~>~ v-~iY~r~b ~~i a~cii~. n~a~ b~ serf i~rtricc~ t~ v~a~ic~ate ~l~e ~}t~rc.hasc price, `I'].7e ~e3-~3~s ~rf tie C'.o~kt~-~cL ~t>~s~ at~c~it ri~Y~ts are o~, f~ic i1.~ f}~c ~:o~r~ir~~~raify ]}ev~]c~i~n3~nt c}~~r#rtie~i# of €13~ C;i#~r. e~.tif~sY 5. ~I~rO~'~~:~': A~] ~3t]€~~cs, clc~r~~rrds ~i~~ rgt~csts rec~uircc~ or 13ei~33~t~e~i ~o e gi~c~~ ~~3~c~~.3- ~h~s i'~~xc~~F~cnt rnt~st }~e ~z7 writ}rig at~ti siial~ ire ci~~i~rcd #o f~avc beery pro~~er} ~t~c~r c}r screed e3~]3~~ by ~crso~~a~ +~e~i~+e~~y or by ~~pasatin~ Ehe ~~~~e ~n t~3c ~Jt~itcc~ ttttcs A+~arl, ttci,~ressec€ t~~ ~~e ~i~ or to i~cvelope~~, s tae ct~.~c~ ~~~ay ~?4., ~}re}~a~~i a~3L~ rc~istercd or ce~~tified ]~3E~~~, rc#~rn a-~cei~~t rcc}ucstcd, at tf~c ~`o~lov~~iirg acid~-~.sscs; 1~~1 corra~x~u~3ic~~i~}n~ ~~,al~ h~: dircctcc€ #a t~~e 1)e.~r~laper at; I~or~a~ I'r~l~ ]-}~ve~c~~,mc~t, ~.,~,C} Deily ~, ~}t3C~1;13, l~~~f'Tv~~nr~gcr 7~3 ~er~roy Ida, ~1i€~ {}(} ~3~oor~iii7~toi~, Iv~za~ne~f~f~ 55439 ~'~at# [~rd~y~'roperkies Vert}~~ard 1~4', ~'ratt 35(~{) ~l~il~c} Lalcc ]3oulcvr~r~, S>~i~t- ] E}{l a~r}a ~ s loci ~.~ts, i~ics ota S 5 ~ ~ [} ~~ 1~4riilx ~~ c{r~~y to: fess~a-]i $c: ratF~cr, i'.~L, }'ail Y4~. 13s.t~C~e14{]rl, ~sq, ~ ~} ~''tftll t~'eet ~'~)~r ~ ~~} C1~Et}1 ~"1~1~ ~tl'~~t :I~.l~a~i~~.a}3~~1i~, ~~~it~t~cs~ta 5~4f~~ A1~ ci~n~iunic~r~i~1~s ~~~~~ ]~e ~iiFCCted t~ t~1e FJ~ at. ~agatl ~;cono~ic ~]e~e1~3}3Fn~~1# +'~~thoa~t~y .4ifi3: '~'~1ot~i~s L. ~~edges, Fecltti~~e L)irecLc~r .~ ~Q ]'ili~t €~t1o~ a~ad ~~~~ftt3, 551-183f~ A ~~i C~i# off' ~agf~n ~:it~F ~Tal] l~ttt~; Doti 7 ~~bet-,~~~313, ['~r:~ttiltnity I3evelc}psl~ctlt ;i?i~~ec~~~~ 3~~ J~ilot r1o~ ~acl , pagan, lvL x.51-18 i ~ ~tejecli~~3~ c~3- {rtria<:r rc~i3sa1 t~ aceep~ ~7~- t~,e itla#~il~ty to deliver ~,cr;attsc off` c.~~atigec€ ~ddt-ess c~€- whicYl tip t~~tice }~~~~ gi~+cn sltal~ be de~~ed t{~ ~~ 1•ccei~t ~~ t]~e i~~~t~ce, c}en~fal-~~~ ~~~ rcq>~est, J~:ithe~ party sl~al~ lave Elie ri~i Jrc~~ #itne tc~ ~i~~e end a# ate titre >~~?c~~, ~:€ 1 e~~i terG ~ 3 {)~ i~a~•s: v~~ri~tcF~ ~otiee t~e1~e[i~', ls~ c]~~.n~e >r~a~ir res~ectir~e adc~resss acid ert~c1~ snail ~Sav° Lie ~-i~ht io ~~~eci~~~v as its addl~ess aa~~ c~t]ier ~c}dt-e.ws ~~'tt€iiti tlae ~T~,i€e€} Statcs a~~Arnez~ict~, Scc_#~oti.~r, I~~:F~..~;AT~iF(~iJ- '~"11c ~rovis~c}n~ c~!-t~~is 1'~grectr~ei~t ~r~. in#.et7~iec] ia~ eac~~ it7sL~i3c,e t~ 1~c ~iia~din~ upon. ~~~xcl inure t{~ t]zc ~ccie#'i# ~#' tyre ~i~rsat~~ric~s l~eret+~, #o tl~c s~a~cessor~ rxr~d ~~~;~rss of L~cvelo,~er iio be~o~r~e C?l~+lte~~ of tl7e i'r~perty ~i~ci t{~ #~c s~rccesscrES zinc] assigns of the ~J-~i'~ irta v,~har~ fire ri~;ti7t, #1#~e ~t~cl tiite~~e~t ~scrc#r~ is s~ecl#'1ca13~+ ~.~~i~~,ec3- F.it~,er ~,~rt}+ r~~a~y reco>°d tksi~ irr~trr~n~r.nt i~1 tic a~pro~~iatc rc~] e5l~t[e re~;crr~s, 3 z~ ]'~1 ~`]~: ~~'H]:i~~C)F, ~~3t ~~ttrtics €ia~'c cau~~.r] ~]~~s ~a~s4k"~.~k3~~nL Lc~ e exetiL~t~.d ~~ ~~i tie tl~y ~i~d y~rt:~~ lirs~ ~b~~e ~-i~~e~~, l~oraa~ 1'~-~tt ~1eve~{r~,rE3Cn~, i,I.{~, a f~nnesota lii~r~t~cl ]~~13]lity c~n~~t~~~y Ry~= ~~~~' ~_ C}l'fil3 its: ~`h~ef1~'~a~ir~~er } .ss, ~:(_~€~}"~'Y Oft 1~~'lA '1'~ic ~oi`~ai~g i~strt~~n~t was acl~~YOwlcc~g~d befoi~ n7e, ~~ n~tttry ~l~b~~, tliFS day c~i' _ .0{)~, day ~el~ .~, ~~rar~, #lie C:hict ~'~~a~agc~ of r~raIY ~'~at# €}e~r~li~~a~~~crtt, ~~L~., ~ ;v33r~n~~{~~~ ]1~}73[ec~ ]]u~r~]i€ c{~Jr~par~y, ~t~ hc~ra~€~ ~~` the. ]irn~:ec] l~~hi:i~}' ct~x~~~3~n}'. lata~~+ 1'~~b]~c 4 7~- A~TTIIC~~t~T, ~ iV~ii~t3es~~t~ rn~ni~i~~t~ c~~~~c~r~ti~~s, Fiv: i~Ce ~~~ire its; ~'resic~en~ ~~,. 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