Res 2012- 49 Transfer Lot 6 Mendota Plaza Expansion
City of Mendota Heights
Dakota County, Minnesota
RESOLUTION NO. 12-49
RESOLUTION APPROVING CONSENT TO TRANSFER LOT 6, MENDOTA PLAZA
EXPANSION
WHEREAS, the City of Mendota Heights (City) and Mendota Mall Associates LLP (Developer)
entered into Planned Unit Development Agreement (Agreement) for the Mendota Plaza Expansion in
May 2009; and
WHEREAS, Article Six of the Agreement defines conditions to allow the transfer or
conveyance of a portion of the planned unit development; and
WHEREAS, the Developer has entered into a purchase agreement for the sale of Lot 6, Mendota
Plaza Expansion to White Pine Holdings, LLC (White Pine); and
WHEREAS, the Fourth Amendment to the Agreement (Fourth Amendment) approved in
November, 2011 acknowledges that the City is in receipt of items 6.3 (a) Evidence of Developer
Experience; 6.3 (c) Agreement to be Bound; and 6.3 (d) Form of Transfer Documents of the Agreement;
and
WHEREAS, the Fifth Amendment to the Agreement (Fifth Amendment) presented to The City
of Mendota Heights defines CG Mendota Heights WPSL, LLC. as the recipient of Lot 6, Mendota Plaza
Expansion; and
WHEREAS, Minnwest Bank, M.V. has provided a letter attesting to the credit-worthiness of CG
Mendota Heights, WPSL, LLC.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Mendota Heights
that consent to transfer Lot 6, Mendota Plaza Redevelopment is hereby approved pursuant to Section 6.2
of the Agreement and Section 11 of the Fourth Amendment and Section 4 of the Fifth Amendment.
Adopted by the City Council of the City of Mendota Heights this third day of July, 2012.
ATTES
Lorri Smith
City Clerk
City Council
Res. 12 -49 page 2
FLED
4115 17iACT COPY
Ep %K0_11 A COUNTY
City of Mendota. Heights
Dakota County, Minnesota
RESOLUTION NO. 12-49
RESOLUTION APPROVING CONSENT TO TRANSFER LOT 6, MENDOTAPLAZA
EXPANSION
WHEREAS, the City ofMendota .Heights. (City) and Mendota: Mail Associates LLLP (Developer)
entered into. Planned Unit Development .Agreement (Agreement) for the Mendota Plaza Expansion in
May 2009; and
WHEREAS, Article Six of the Agreement defines conditions to allow the transfer or
conveyance of a portion of the planned unit development; and
WHEREAS, the Developer has entered into a purchase agreement-for the sate of Lot 6, .Mendota
Plaza Expansion to White Pine Holdings, LLC (White Pine); and
WHEREAS, the Fourth Amendment to the Agreement (Fourth Amendment) approved in
November, 2011 acknowledges that the City is in receipt of items 6.3 (a) Evidence of Developer
Experience; 6.3 (c) Agreement to be Bound; and 6.3 (d) Form of Transfer Documents of the Agreement;
and
WHEREAS, the Fifth Amendment to the Agreement (Fifth Amendment) presented to The City
of Mendota. Heights defines CG Mendota Heights WPSL, LLC, as the recipient of Lot. 6, Mendota Plaza
.Expansion; and
WHEREAS, Mi.nnwest Bank, M.V. has provided a letter attesting to the credit - worthiness of CG
Mendota Heights, WPSL, LLC.
NOW THEREFORE BE IT RESOLVED by the City .Council of the City of Mendota Heights
that consent to transfer Lot 6, Mendota Plaza Redevelopment is hereby approved pursuant.to Section 6.2
of the Agreement and Section 11 of the Fourth Amendment and Section 4 of the Fifth Amendment.
I:l:.
Adopted by the City Council of the City of Mendota Heights this third day of July, 2012.
City Council
ATTES
Lorri Smith
City Clerk
STATE OF MINNESOTA )
COUNTY OF DAKOTA ) s.s.
CITY OF MENDOTA HEIGHTS
I, Lorri Smith, being the duly appointed City Clerk of the City of Mendota Heights, do hereby
CERTIFY that the attached Resolution No: 2012 -49: RESOLUTION APPROVING
CONSENT TO TRANSFER LOT 6, MENDOTA PLAZA EXPANSION is an exact copy of said
Resolution on file in my office.
Signed and sealed by my hand on this 911, day of July 2012.
L � �
L ri SInith
City Clerk
(SEAL)
Drafted by the City of Mendota Heights, Minnesota, 1101 Victoria Curve, Mendota Heights, MN 55118
Res. 42-49 page 2
Receipt#: 213263
ABSTRACT FEE
Return to:
CITY OF MENDOTA HEIGHTS
1101 VICTORIA CURVE
MENDOTA HEIGHTS, MN 55116
City of Mendota Heights
Dakota County, Minnesota
RESOLUTION NO. 12 -49
2878928
$46.00
Recorded on: 719/2012 09:00:01AM
By: DDW, Deputy
Joel T. Beckman County Recorder
Dakota County, MN
RESOLUTION APPROVING CONSENT TO TRANSFER LOT 6, MENDOTA PLAZA
REDEVELOPMEN I,
WHEREAS, the City of Mendota Heights (City) and Mendota Mall Associates LLP (Developer)
entered into Planned Unit Development Agreement (Agreement) for the Mendota Plaza Redevelopment
in May 2009; and
WHEREAS, Article Six of the Agreement defines conditions to allow the transfer or
conveyance of a portion of the planned unit development; and
WHEREAS, the Developer has entered into a purchase agreement for the sale of Lot 6, Mendota
Plaza Redevelopment to White Pine Holdings, LLC (White Pine); and
WHEREAS, the Fourth Amendment to the Agreement (Fourth Amendment) approved in
November, 2011 acknowledges that the City is in receipt of items 6.3 (a) Evidence of Developer
Experience; 6.3 (c) Agreement to be Bound; and 6.3 (d) Form of Transfer Documents of the Agreement;
and
WHEREAS, the Fifth Amendment to the Agreement (Fifth Amendment) presented to The City
of Mendota Heights defines CG Mendota Heights WPSL, LLC. as the recipient of Lot 6, Mendota Plaza
Redevelopment; and
WHEREAS, Minnwest Bank, M.V. has provided a letter attesting to the credit- worthiness of CG
Mendota Heights, WPSL, LLC.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Mendota Heights
that consent to transfer Lot 6, Mendota Plaza Redevelopment is hereby approved pursuant to Section 6.2
of the Agreement and Section 11 of the Fourth Amendment and Section 4 of the Fifth Amendment.
Adopted by the City Council of the City of Mendota Heights this third day of July, 2012.
ATTES
'7/�, jj
Lorri Smith
City Clerk
STATE OF MINNESOTA )
COUNTY OF DAKOTA ) S.S.
CITY OF MENDOTA HEIGHTS )
City Council
I, Lorri Smith, being the duly appointed City Clerk of the City of Mendota Heights, Minnesota, do
hereby CERTIFY that the attached Resolution No: 2012 -49: RESOLUTION APPROVING
CONSENT TO TRANSFER LOT 6, MENDOTA PLAZA REDEVELOPMENT, is an exact copy
of said Resolution on file in my office.
Signed and se led b,' my1and on this 611, day of July 2012.
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Lorri Smith
t City Clerk
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Res. 12 -49 page 2