HomeMy WebLinkAboutResolution - 99-15 - Authorization to Exercise Option to Purchase Parcel #2 - Richard T. Anderson Conservation Area - 01/19/1999 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY,NIINNESOTA
RESOLUTION NO. 99-15
RESOLUTION AUTHORIZING EXERCISE OF OPTION AGREEMENT AND
EXECUTION OF PURCHASE AGREEMENT AND OTHER DOCUMENTS.
WHEREAS,the City of Eden Prairie entered into that certain Option Agreement for Option
Parcel 2 on the 14'day of February, 1995 with Darril S.Peterson and Barbara J.Peterson,husband
and wife; Alan Klein,Daniel Klein, and James Klein, as Trustees of the 1975 Revocable Trust of
George Klein; and, Marcella Klein and Eugene Weber, as Trustees of the Revocable Trust of
Marcella Klein,as amended by an Amendment and Restatement of the Revocable Trust of Marcella
Klein dated December 27, 1989, and as further amended by a First Amendment to Amendment and
Restatement of Revocable Trust of Marcella Klein, dated February 1, 1990;
WHEREAS,the City desires to purchase Option Parcel 2;
NOW, THEREFORE,BE IT RESOLVED:
1. The actions of the City in exercising the option under the Option Agreement are hereby
ratified, confirmed and approved.
2. The Mayor and City Manager are hereby authorized to execute the Purchase Agreement
on behalf of the City. In the absence of the Mayor or City Manager,the documents authorized by
this Resolution may be executed by the acting Mayor or designee of the City Manager respectively.
3. The approvals hereby given to the documents referred to above include approval of other
additional documents as may be necessary to complete the transaction. The execution of any
instrument by the appropriate officer or officers of the City herein authorized shall be conclusive
evidence of the approval of such documents in accordance with the terms thereof.
4. This Resolution shall take effect immediately.
Passed by the City Council this 19th day of Janu 1999.
01 Jean Harris,Mayor
Attest
Don Uram, City Finance Director/Clerk