City Council Resolution 1983-73RESOLUTION 1983 - #73
WHEREAS, the City of Monticello, a municipal corportion, and
Security Federal Savings and Loan Association have entered
into a purchase agreement for the transfer of title of the
property described as Block 32, Original Plat, City of Monti-
cello, from the City to Security Federal, and;
WHEREAS, it is the express desire of both parties hereto to
agree upon a pre-established set of developmental controls, and
WHEREAS, it is the intent of the City Council of Monticello,
Minnesota, that those developmental controls apply equally to
future owners/developers, and;
WHEREAS, Security Federal Savings and Loan Association has full
knowledge of said development controls and has agreed with the
provisions so stated.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MONTICELLO,
MINNESOTA THAT:
1. The document attached hereto be established as a
restrictive covenant on Block 32, Original Plat,
City of Monticello.
2. The City Administrator file said document with the
Wright County Recorder for the purpose of having it
recorded as a covenant on the aforementioned parcel.
3. The City Administrator further record with the Wright
County Recorder a copy of this resolution.
t~
Adopted this ^~ day of June, 1983.
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Arve A. Grimsmo, Mayor
ATTEST:
Thomas A. Eidem
City =~i~,istrator