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Res 2007-105 Termination of Contract for MH Office CondosCITY OF MENDOTA HEIGHTS DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 07-105 RESOLUTION AUTHORIZING A TERMINATION OF CONTRACT FOR PRIVATE REDEVELOPMENT FOR MENDOTA HEIGHTS OFFICE CONDOS WHEREAS, the City of Mendota Heights and Moen Leuer Construction, Inc. entered into a Contract for Private Redevelopment dated February 7, 2006; and WHEREAS, through the Contract, the City of Mendota Heights and Moen Leuer Construction agreed upon certain terms for the development of the Mendota Heights Office Condos, consisting of a total of ten (10) office condominiums on approximately 2.42 acres located in the northeast quadrant of the intersection of 1-494 and 35E; and WHEREAS, the Developer is no longer interested in pursuing the development of the Mendota Heights Office Condos; and WHEREAS, the final plat for the Mendota Heights Office Condos was not recorded at Dakota County; and WHEREAS, the City of Mendota Heights and Moen Leuer Construction have mutually agreed to terminate the Contract for Private Redevelopment. NOW, THEREFORE, BE IT HEREBY RESOLVED, the City Council of the City of Mendota Heights authorizes the Mayor and City Clerk to execute the Termination of Contract for Private Redevelopment with the following condition: 1. Moen Leur pay all outstanding engineering and legal fees to the City. Adopted by the City Council of the City of Mendota Heights this 16'h day of October, 2007. ATTEST: Kdthleen M. Swanson, City Clerk CITY COUNCIL CITY OF 7'D9TAA HY, IGHTS By_ 6w?�11111 ayor