RES 2012-07 - 14894RESOLUTION NO. 2012 -07
A RESOLUTION APPROVING AN ACCESS AGREEMENT BEWEEN THE CITY OF
FRIDLEY AND MDW EQUITY, LLC., THEREBY AUTHORIZING THE
APPROPRIATE CITY SIGNATURES AND ALLOWING EXECUTION OF SAID
AGREEMENT
WHEREAS, the City Council at the February 6, 2012 meeting reviewed an access agreement
between the City of Fridley and MDW Equity, LLC; and
WHEREAS, said agreement once executed allows access to the property generally located at
6101 University Avenue for purposes of gathering data necessary to complete environmental
reports and prepare the necessary application materials for a Tax Base Revitalization (TBRA)
Grant application to the Metropolitan Council; and
WHEREAS, said agreement in no way binds the City to purchase of the property, and
WHEREAS, terms of the agreement have been reviewed and deemed acceptable to staff and
legal counsel of bath the landowner and the City; and
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Fridley directs
and authorizes signatures and execution of the access agreement between the City of Fridley and
MDW Equity, LLC.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS
6TH DAY OF FEBRUARY 2012.
�1%
SCOTT J. LUND - MAYOR
ATTEST:
DEBRA A. SKOGEN - CITY CLERK