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Res 2015-30 Declaration RESOLUTION NO. 2015 - 30 RESOLUTION SUPPORTING THE CITY OF FRIDLEY APPROVING A DECLARATION RELATED TO RESTRICTIONS FOR LOCKE PARK AND RECORDING THE DECLARATION AT THE ANOKA COUNTY PROPERTY RECORDS DEPARTMENT OFFICES WHEREAS, Locke Park is a city of Fridley Park that for many years has served as a popular picnic and recreational destination for all residents of Anoka County, and WHEREAS, the regional trail that runs through Locke Park is one of the most heavily used trails in the metropolitan twin cities area, and WHEREAS, Anoka County has operated and maintained Locke Park for the past thirty-five years under a joint powers agreement signed in 1980, and WHEREAS, Anoka County Parks was awarded an $850,000 State of Minnesota bonding grant from the Metropolitan Council regional parks system capital improvements program to make needed improvements in Locke Park in 2011, and WHEREAS, the State of Minnesota requires that bond financed property is subject to restrictions and cannot be sold, mortgaged or otherwise disposed of by the City without the approval of the Minnesota Commissioner of Finance, NOW THEREFORE, BE IT RESOLVED that the City of Fridley City Council supports the attached Declaration drafted by the Anoka County Attorney’s Office acknowledging the restriction placed on Locke Park, and BE IT FURTHER RESOLVED, that the City Council of the City of Fridley gives approval to the City Manager to sign the Declaration on behalf of the City and have it recorded at the Property Records Department of Anoka County. TH PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 11 DAY OF MAY, 2015. _____________________________________ SCOTT J. LUND – MAYOR ATTEST: _______________________________________ DEBRA A. SKOGEN – CITY CLERK The undersigned, as owner of fee title to the real property legally described on Exhibit A, which is attached hereto and made a part hereof ("Property"), hereby declares that title to the Property isherebysubjecttothefollowingrestriction: The Property is bond financed property within the meaning of Minn. Stat. as amended, and cannot be sold, mortgaged or otherwise disposed of by the it public officer or agency which has jurisdiction over or owns it without the approval of the Minnesota Commissioner of Finance, which approval must be evidenced by a written statement signed by the Commissioner of Finance and attached to the deed, mortgage or instrument used to sell, mortgage or otherwise dispose of the property. Pursuant to Section 2.06 of Grant Agreement SG-2010-027, title to the Property shall remain subject to this restriction until (i) restriction has been fully complied with as evidenced by a written approval from the Minnesota Commissioner of Finance, or (ii) a written release, releasing the Property from the restriction, signed by the Commissioner of Finance, is recorded in the real estate records relating to the Property. Dated: ___________________________ STATE OF COUNTY OF ________________ The foregoing instrument was acknowledged before me this _____ day of by under the a ______________________ laws of ________________, Notary Public DRAFTED BY: rd 2100 3 Ave. Anoka, MN 55303 EXHIBIT A The Southwest Quarter of the Southeast Quarter of Section 11, Township 30 North, Range 24 West, Anoka County, Minnesota, EXCEPT the North 50.00 feet thereof. P.I.N. 11-30-24-43-0001 The Southeast Quarter of the Southeast Quarter of Section 11, Township 30 North, Range 24 West, Anoka County, Minnesota, EXCEPT the North 50.00 feet thereof. P.I.N. 11-30-24-44-0001