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Res 1997-53 Ce04713 RESOLUTION NO. 53 - 1997 RESOLUTION OF THE CITY OF FRIDLEY, MINNESOTA DECLARING A BREACH OF A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF FRIDLEY AND TWO OTHER PARTIES BY REASON OF THE NONPERFORMANCE BY THOSE PARTIES OF THEIR OBLIGATIONS THEREUNDER, AND RESERVING FOR THE CITY OF FRIDLEY THOSE REMEDIES AS MAY BE AVAILABLE TO IT BY LAW WHEREAS, the City of Fridley, Minnesota, entered into an Agreement (hereinafter, the "Agreement") with Maynard Nielson and Robert DeGardner (hereinafter, "The Developers") in 1984, a copy of which is attached herewith and incorporated herein by reference, for the purpose of effecting and facilitating the development of a parcel of land legally described as Lots 3 and 21, not taken for street purposes, and all of Lots 4 through 10 and 14 through 20 of Block 20, Fridley Park, as recorded at the Office of the Anoka County Recorder; and WHEREAS, the City was required, pursuant to the Agreement, to rezone the above-described parcel to R-3, which was by the City Council on or about September 24, 1984; and WHEREAS, in consideration for this promise and action by the City, the Developers agreed under the terms of the Agreement to undertake certain actions, including, among others, the filing of a plat intended to replat the above-described property; and WHEREAS, the City Council has, on examination of the facts and records of the City herein, determined that the Developers have performed none of the promised actions at any time in the ensuing twelve or more years since the execution of the Agreement; and WHEREAS, the City Council finds that the ensuing period has been more than sufficient time for the promised actions by the Developers to have been performed. NOW, THEREFORE, BE IT RESOLVED that the City of Fridley finds and declares the aforesaid Developers and any of their heirs and assigns, as indicated in the Agreement, to be in breach of the Agreement. BE IT FURTHER RESOLVED that the City staff shall be directed to take such steps as may be necessary to rescind any Council action done in reliance on the agreement, including, but not limited to, beginning the necessary rezoning of the above-described parcel to what it had been prior to its rezoning to R-3; and BE IT FURTHER RESOLVED that the City of Fridley is no longer obligated to perform any additional duties that might have otherwise have been required in the event of timely compliance by the Developers to the terms of the Agreement; and c7 000 f'9 Page 2 -- Resolution No. 53 - 1997 BE IT FURTHER RESOLVED that the City of Fridley rescinds its approval of the proposed plat for the parcel that had previously been approved by the City in its action on September 24, 1984, which approved proposed plat was never filed and put on record with Anoka County. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 14TH DAY OF JULY, 1997. 0-1-c.o. i ' u�4--1►"�N J./T GE f.%- MAYOR ATTEST: fill Olid.414. O. ct0 WILLIAM A. CHAMPA - CIT CLERK I