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EDA Agenda - 08/29/2022 (Special)EDA Agenda: 08/29/2022 4. Consideration to adopt a resolution approving a Quit Claim Deed conveying portions of parcels 155-01005231, 155-010052060, 155-010052131, and inclusive of property to be platted as Lot 1 Block 1 of Block 52 First Addition from the Economic Development Authority to the City of Monticello A. ACTION REQUESTED Motion to adopt EDA Resolution 2022-27 approving a quit claim deed conveying parcels 155-01005231, 155-010052060, 155-010052131, and inclusive of property to be platted as Lot 1, Block 1 of Block 52 First Addition as legally described to the City of Monticello in support of redevelopment of a portion of Block 52, Monticello. B. REFERENCE AND BACKGROUND The EDA is asked to approve a quit claim deed conveying remnant portions of the noted parcels of land in Block 52 to the City of Monticello. Following plan review for the public parking and access area necessary for the development of Block 52, there are remnants of three parcels owned by the EDA that will be included within the proposed Lot 1, Block 1 of the plat. It is proposed that these remnants be combined with the three larger parcels within Lot 1, which are currently owned by the City of Monticello. These three parcels will be retained in ownership by the City for public and shared parking purposes and will not be conveyed to the developer. The quit claim deed is requested should it be required by the County Surveyor to support the platting of the parcels and portions of parcels proposed as Lot 1, Block 1. Budget Impact: As these land areas will be retained by the City for public parking and access in support of Block 52 redevelopment efforts, there is no proposed budget impact between the two entities. II. Staff Workload Impact: An estimated 3 hours of staff and consultant time (City Attorney) was spent in preparation of this report. III. Comprehensive Plan Impact: The Monticello 2040 Comprehensive Plan adopts the Monticello Downtown Small Area Plan as the guiding document for downtown development and land use. The Downtown Small Area Plan specifically recommends leveraging the public property on this block to "create a new signature development with market rate housing and a destination restaurant or entertainment use overlooking the park and river." C. STAFF RECOMMENDED ACTION EDA Agenda: 08/29/2022 City staff recommends approval of the quit claim deed conveying the subject parcel to the City of Monticello. D. SUPPORTING DATA A. Plat Sketch (subject to final legal description) B. Site Plan, Block 52 First Addition C. Resolution 2022-27 D. Quit Claim Deed Most N'ly corner — — Proposed Description Exhibit PROPOSED DESCRIPTION FROM MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY TO of Block 52 / ` DATE: 6/20/22 DESIGN BY ' DRAWN BY: CEG CHECKED BY: CAW. DWG FILE:22-0048AREA FILE NO.: 22-0048.00 REV DATE DESCRIPTION N0. r , f�% CITY OF MONTICELLO S city of Monticello Those parts of Lots Thirteen, Five and Six, Block Fifty-two, MONTICELLO, according to the recorded thereof, Wright County, Minnesota, described as follows: • T plat Ira J. ` = Beginning at the most easterly corner of said Lot Thirteen, thence on an assumed ry bearing of South 25°16'44" West along the southeasterly line of said Lot Thirteen, a ch / 838 F r3 distance of /65.36 feet to the most southerly corner of said Lot Thirteen; thence North 64°5826" West along the southwesterly line of said Lot Thirteen, a distance of 3.06 feet to an outside building line; thence South 24 1851" West along said / outside building line, a distance of 0.27 feet to a building corner; thence North 65°40'10" West along said outside building line, a distance of 44.00 feet to a FyJ/ f building corner; thence North 24°1851" East along said outside building line, a hti eats �,e of / - _ a afB/ p distance of 78.00 feet to o building comer, thence South 65°41'09" East along said outside building ne, a stance of JJJ feet he northwesterly line of he 00 - \� / I A� /S vs /OO `F155 -oto- V 2j40 / / / J \ acs S? / Southeasterly 45.100 feel of said Lot Thirteen; t thtence North 25 59 3l" East along c0 i ,� ♦ av�ie'aa� PID: �� / / / said northwesterly line, a distance of 3.1/ feet to the southwesterly line of the Northeasterly 85.00 feet of said Lot Thirteen; thence South 65° East along said southwesterly line, a distance of 30.00 feet to the northwesterly line of the 'A,y/ eo�s��oiie /'_/�ry� J Southeasterly /5.00 feet of sold Lot Thirteen; thence North 25°16'44" East along 6¢ \ T 3¢ / s' / o/thy , ; T, / � / _V ��58 said northwesterly line, a distance of 85.00 feet to the northeasterly line of said 8 `9SfO „ f - tb °' `'y f Lot Thirteen; thence South 65' East along said northeasterly line, a distance of °�` / J. // t I / / 15.00 feet to the point of beginning. 010, theF o v PID: 155-010-052030 Ot /¢st t 3 yT3<\� ' �"� c� o ♦ AND a ` ry The Easterly 20 feet of Lot Three and Lot Four and Lot Five, except the East /8 a \ $ 640 /9 fF0�� E O .h 9S�` / feet /0 inches of said Lot Five (the East 18'10" of said Lot Five being sold to Roy ,r'. 82 �V \��/ v A. Louring and is described. • That part of Lot Five being more particularly described /� og7 / as follows. Beginning at the Southerly point of said Lot Five, thence Northwesterly of o" \�( along the Southwesterly side of Lot Five, 18 feet /0 inches, • thence Northeasterly ox / 'L and parallel to the Southeasterly side of said Lot Five to the Northeasterly line of Al, said Lot Five, thence Southeasterly /8 feet /0 inches to the most Easterly point of lV ¢`9 �y / / said Lot Five, thence Southwesterly to point of beginning), all in Block Fifty-two in \/ y��g� the TOWNS/TE OF MONTICELLO, Wright County, Minnesota; \/ h V �p - / \ 3 o%/tee �'� �^��L o�o \ \ / AND 43 flats ` t� 01Y, s? Lot Six and the East /8 feet and /0 inches of Lot Five in Block Fifty-two in the TOWN or TOWNSITE OF MONTICELLO, according to the plot by John 0. Haven of �' o record and situate in Wright County, Minnesota. (That part of Lot Five being more i PID. 155-0/ 052//0 • particularly described as follows: Begin at the Southerly point of Lot Five, thence \� /s 828 ` / /� —AREA BEING DEscR/BED o Northwesterly along the Southwesterly side of said Lot Five, a distance of 18 feet, sg'/g, ` l0 inches, thence Northeasterly and parallel to the Southeasterly side of said Lot Qj Five to the Northeasterly line of said Lot Five; thence Southeasterly a distance of 1 / 0� 18 feet, l0 inches to the most Easterly point of said Lot Five; thence 0\0��2 % ry° / l/�`� I \ O' � Southwesterly to point of beginning. Except the first described parcel. `/ Line 1aralle/ with the EXCEPT `v°y / / �r�� y j % sw' y line of Block 52 \ r° o`oo / 060 / / / Those parts of the above described three properties lying southeasterly and \�,°. / /�g`L \ southwester/y of the following described line: Commencing at the most northerly / / / Opp / / / Z .ry corner of said Block 52; thence southeasterly along the northeasterly line of said Block 52, a distance of 183.88 feet to the northwesterly line of the southeasterly , i,� c 15.00 feet of Lot /3, said Block 52, being the point of beginning of the line to be 15 J o n ryh described, • thence southwesterly along said northwesterly line a distance of 94.52 /`/ /,;, �/ ,_� ` `�- \ feet, thence northwesterly para/le/ with the southwesterly line of said Block 52, a C-) distance of 21.83 feet, thence southwesterly parallel with the southeasterly line of 0 401 said Block 52, a distance of 107.48 feet. thence northwesterly parallel with the southwesterly line of said Block 52, a distance of 82.85 feet to the westerly line �s2y///'e / ,-\ �` of the Easterly 20.00 feet of Lot 3, said Block 52 and said line there terminating. ♦ / 017 /V/ SCALE: 1" = 40' SHEET N0. SHEET I BLOCK 52 FIRST ADDITION PART OF BLOCK 52 CITY OF MONTICELLO BOGART, PEDERSON (1��& ASSOCIATES, INC LAND SURVEYING CIVIL ENGINEERING MAPPING 3076 FIRST STREET, BECKER, MN 55308-9322 763-262-8822 FAX: 763-262-8844 I hereby certify that this survey, plan, or report was prepared by me or under my direct supervision, and that I am a duly Licensed Land Surveyor under the laws of the State of Minnesota. Signed: Craig A. Wensmann 8/25/22 Date: Lic. No. 47466 DATE: 6/20/22 DESIGN BY ' DRAWN BY: CEG CHECKED BY: CAW. DWG FILE:22-0048AREA FILE NO.: 22-0048.00 REV DATE DESCRIPTION N0. \ \ \ CITY TO IMPROVE WALNUT STREET. PROPOSED / BLOCK 52 PROJECT DESIGN TO BE COORDINATED WITH WALNUT STREET IMPROVEMENTS DESIGN / PLEASE CONFI AT THE CITY IS OK WITH / ENCROACHMELL T OF NORTH CURBLINE AND ADJACENT PAJVED AREA INTO STREET / R/W IN ORDER TO MAINTAIN GREEN SPACE ADJACENT TO ANTIQUE STORE BUILDIII�G / / _�i \ BITUMINOUS BITUMINOUS PAVEMENT PAVEMENT STREET PATCH \ a° CONCRETE \ ° SIDEWALK OR APRON BITUTv11N�OUS PAVEMENT STREET PATCH AS'h'ER\Y STANDARDS PARKING CALCULATION CONCRETE DRIVEWAY AS ON-SITE PARKING = 105 SPACES MATCH EXISTING PER CITY STANDARDS \ CURB & GUTTER \ (PARALLEL(PARK NG ON BROADWAY) / \ NEW B618 CURB &--GUTTER / / AS PER CITY STANDARDS\ GUTTtRU(TYP) \ \ MATCH EXISTING NOTE: PROPERTY 316.2 -FT FROM CURB &GUTTER \ MISSISSIPPI RIVER EDGE OF WATER ON MATCH EXISTING \ 03/16/22 (FROM PRELIMINARY PLAT) / \ A PAVEMENT (TYP) RETAINING WALL #2 6 6 o LENGTH = 42 LF \ / HEIGHT= 0 TO 10'-4" Qj MATCH EXISTING \ / / 0 NOTE: PROPERTY 309.7 -FT FROM MISSISSIPPI Q� BITUMINOUS 14 \ CURB & GUTTERPAVE\ �� / q�Q RETAINING WALL #3 / / RIVER OHW (FROM PRELIMINARY PLAT) ITU NOUS �\ (TYP) LENGTH 8612 CURB & \ 26,0„ LENGTH = 100 LF v n�`��/ /PA MENU GUTTER (TYP) \ \ \ HEIGHT = 0 TO 4'-2" / / (TYP) \ \ B612 CURB & GUTTER (TYP) / \ 01 / \ 30 (5) CONCRETE S7PS \ / \ 2S: / I3,0 / \ \`6612 CURB & � OS'4"' GUTTER (TYP) / 9" 7 \ \ / CONCRETE \ \ / B612 CURB & B612 CURB & /0 SIDEWALK \ GUTTER (TYP) / / UTTER (TYP)/ \ \ / N Q� (TYP) \ 2610„ CONCRETE / 9; �/ 9APRON ; /T�"/Typp% " / / / / \ E '0° RETAINING WALL #1 / N CURB & 20, oQ` / / p LENGTH = 96 LF / G�TER S, /Typo" a` 14 / V ` w HEIGHT= 0 TO 10'-4" ` RETAINING WALL #4 / / / LENGTH = 77 LF MA161,-I-I EXISTING / / 9f9„ HEIGHT = 0 TO 3'-0" PAVEMENT,�TYP) / CONCRETE EN URB & Vb / / SIDEWALK GUTTER / / ITU INOUS `b (TYP) (4) CONCRETE 0" / P EV MENT 10 STEPS / (TYP) TRASH ENCLOSURENEW /\ / B612/�URB & \� _ �4 \ \ (SEE ARCH.) ct)// ASP RONCRETE C TY & MNDOTVALK / \/ GUTTER (TYP) \ 26;0„ STANDARDS (TYP) \ CONCRETE— B612 ONCRETE / \ / -0, B612 CURB & SIDEWALK TRANSFORMER PAD / /Typq Q \ \ o/ 14 GUTTER (TYP) (TYP) / \ (BY OTHERS) ,\/ \ \ �` HANDICAP / \ // HANDICAP SIGNAGE �Io \ 3' , SIGNAGE / / Y� _ / 8C0 yA� / q Q (TYP) / 1. PROVIDE HANDICAP SPACE SIGNAGE A(S PER MN \ 11 / - / 6612 CURB & ADA RAMPS W/ / STATUTE 169.346 ($200 00 FINE) AND�,HEHEAD N MUTCD / GUTTER (TYP) /Ty' LANDING (TYP) �2, / 1/ // S'p-• p� /3 2. PROVIDE "NO PARKING" SIGNAGE A L q / OF HANDICAP ACOESS AISLES, NMORE THAN 9 0„ o q� / 8 -FT FROM THE HEAD OF THE AISLES co CONCRETE w SIDEWALK / 0 Q `,b (TYP) / RETAINING WALL #5 / ry� C / LENGTH = 83 LF co ` HANDICAP / HEIGHT = 0 TO 1'-1 l / CONCRETE SIGNAGE (3) CONCRETE SIDEWALK 13 (TYP) / STEPS (TYP) ADA RAMPS W/ / HANDICAP LANDING (TYP) / 0, SIGNAGE () TYP PROPOSED BUILDING MFE = 929.00 / 3„ RETAINING WALL #6 \ B612 CURB & GFE = 918.67 LENGTH = 64 LF \ GUTTER (TYP) / HEIGHT= 0 TO 1'-6" \ ' NEW CONCRETE SIDEWALK ADA RAMPS W/ / \ \/b \ AS PER CITY &COUNTY LANDING (TYP) / �\ STANDARDS (TYP) / 1 \\ \ (3) CONCRETE / (3) CONCRETE \ \ \ STEPS 6;9 / STEPS MATCH EXISTING \ CURB & GUTTER \ \ L \ o \\ \ CONCRETE \ \ \ SIDEWALK / \ \ (TYP) / / \ \ \ J \ \ ~ >w O / RETAINING WALL #7 LENGTH = 32 LF / 3� ' / 9" / / \ NEW B618 CURB & GUTTER QC / U) )` HEIGHT= 0 TO 1'-5" / AS PER CITY & COUNTY \ STANDARDS / \ `D c} o7 wJ / oQ� Cb� �v \ f U p UOQGO 5 mLQ LU Z z_0 (< e Q L N N N N NEW CONCRETE SIDEWALK / _�i \ BITUMINOUS BITUMINOUS PAVEMENT PAVEMENT STREET PATCH \ a° CONCRETE \ ° SIDEWALK OR APRON BITUTv11N�OUS PAVEMENT STREET PATCH AS'h'ER\Y STANDARDS PARKING CALCULATION CONCRETE DRIVEWAY AS ON-SITE PARKING = 105 SPACES MATCH EXISTING PER CITY STANDARDS \ CURB & GUTTER \ (PARALLEL(PARK NG ON BROADWAY) / \ NEW B618 CURB &--GUTTER / / AS PER CITY STANDARDS\ GUTTtRU(TYP) \ \ MATCH EXISTING NOTE: PROPERTY 316.2 -FT FROM CURB &GUTTER \ MISSISSIPPI RIVER EDGE OF WATER ON MATCH EXISTING \ 03/16/22 (FROM PRELIMINARY PLAT) / \ A PAVEMENT (TYP) RETAINING WALL #2 6 6 o LENGTH = 42 LF \ / HEIGHT= 0 TO 10'-4" Qj MATCH EXISTING \ / / 0 NOTE: PROPERTY 309.7 -FT FROM MISSISSIPPI Q� BITUMINOUS 14 \ CURB & GUTTERPAVE\ �� / q�Q RETAINING WALL #3 / / RIVER OHW (FROM PRELIMINARY PLAT) ITU NOUS �\ (TYP) LENGTH 8612 CURB & \ 26,0„ LENGTH = 100 LF v n�`��/ /PA MENU GUTTER (TYP) \ \ \ HEIGHT = 0 TO 4'-2" / / (TYP) \ \ B612 CURB & GUTTER (TYP) / \ 01 / \ 30 (5) CONCRETE S7PS \ / \ 2S: / I3,0 / \ \`6612 CURB & � OS'4"' GUTTER (TYP) / 9" 7 \ \ / CONCRETE \ \ / B612 CURB & B612 CURB & /0 SIDEWALK \ GUTTER (TYP) / / UTTER (TYP)/ \ \ / N Q� (TYP) \ 2610„ CONCRETE / 9; �/ 9APRON ; /T�"/Typp% " / / / / \ E '0° RETAINING WALL #1 / N CURB & 20, oQ` / / p LENGTH = 96 LF / G�TER S, /Typo" a` 14 / V ` w HEIGHT= 0 TO 10'-4" ` RETAINING WALL #4 / / / LENGTH = 77 LF MA161,-I-I EXISTING / / 9f9„ HEIGHT = 0 TO 3'-0" PAVEMENT,�TYP) / CONCRETE EN URB & Vb / / SIDEWALK GUTTER / / ITU INOUS `b (TYP) (4) CONCRETE 0" / P EV MENT 10 STEPS / (TYP) TRASH ENCLOSURENEW /\ / B612/�URB & \� _ �4 \ \ (SEE ARCH.) ct)// ASP RONCRETE C TY & MNDOTVALK / \/ GUTTER (TYP) \ 26;0„ STANDARDS (TYP) \ CONCRETE— B612 ONCRETE / \ / -0, B612 CURB & SIDEWALK TRANSFORMER PAD / /Typq Q \ \ o/ 14 GUTTER (TYP) (TYP) / \ (BY OTHERS) ,\/ \ \ �` HANDICAP / \ // HANDICAP SIGNAGE �Io \ 3' , SIGNAGE / / Y� _ / 8C0 yA� / q Q (TYP) / 1. PROVIDE HANDICAP SPACE SIGNAGE A(S PER MN \ 11 / - / 6612 CURB & ADA RAMPS W/ / STATUTE 169.346 ($200 00 FINE) AND�,HEHEAD N MUTCD / GUTTER (TYP) /Ty' LANDING (TYP) �2, / 1/ // S'p-• p� /3 2. PROVIDE "NO PARKING" SIGNAGE A L q / OF HANDICAP ACOESS AISLES, NMORE THAN 9 0„ o q� / 8 -FT FROM THE HEAD OF THE AISLES co CONCRETE w SIDEWALK / 0 Q `,b (TYP) / RETAINING WALL #5 / ry� C / LENGTH = 83 LF co ` HANDICAP / HEIGHT = 0 TO 1'-1 l / CONCRETE SIGNAGE (3) CONCRETE SIDEWALK 13 (TYP) / STEPS (TYP) ADA RAMPS W/ / HANDICAP LANDING (TYP) / 0, SIGNAGE () TYP PROPOSED BUILDING MFE = 929.00 / 3„ RETAINING WALL #6 \ B612 CURB & GFE = 918.67 LENGTH = 64 LF \ GUTTER (TYP) / HEIGHT= 0 TO 1'-6" \ ' NEW CONCRETE SIDEWALK ADA RAMPS W/ / \ \/b \ AS PER CITY &COUNTY LANDING (TYP) / �\ STANDARDS (TYP) / 1 \\ \ (3) CONCRETE / (3) CONCRETE \ \ \ STEPS 6;9 / STEPS MATCH EXISTING \ CURB & GUTTER \ \ L \ o \\ \ CONCRETE \ \ \ SIDEWALK / \ / \ \ MATCH EXISTIN CURB & GUTTER / \ \ NEW B618 CURB & GUTTER MATCH EXISTIN( AS PER CITY & COUNTY / \ STANDARDS CURB &GUTTER \ \ BITUMINOUS PAVEMENT STREET / \ATCH AS PER CITY STANDARDS / \ MATCH EXISTING \ PAVEMENT (TYP) APPROXIMATE LOCATION OF FUTURE RADIUS I / (BASED ON CONCEPT DRAWING PROVIDED BY CITY) I / NOTE: CONTRACTOR SHALL OBTAIN ALL NECESSARY STATE AND COUNTY PERMITTING FOR WORK COMPLETED WITHIN STATE AND/OR COUNTY PUBLIC RIGHT-OF-WAY / / SITE PLAN (SUPPLEMENTAL) / / / 0 30 60 120 N \ \ (TYP) / \ \ \ J \ \ ~ >w O Q>_ RETAINING WALL #7 LENGTH = 32 LF / 3� ' O 9" / / \ NEW B618 CURB & GUTTER QC \ U) )` HEIGHT= 0 TO 1'-5" / AS PER CITY & COUNTY \ STANDARDS O \ `D c} o7 wJ \ oQ� Cb� �v \ f U p UOQGO 5 mLQ LU Z z_0 (< e Q L N N N N NEW CONCRETE SIDEWALK / \ MATCH EXISTING ACL} \ u N AS PER CITY & MNDOT \ PAVEMENT (TYP)12 / N }� 0 1 \ `\ Q, / / STANDARDS (TYP) / \ BITUMINOUS PAVEMENT STREET Lu a N SCALE: \ (2) CONCRETE \ PATCH AS PER CITY STANDARDS / \ Lo __ O N U N STEPS I \ / \ \ MATCH EXISTIN CURB & GUTTER / \ \ NEW B618 CURB & GUTTER MATCH EXISTIN( AS PER CITY & COUNTY / \ STANDARDS CURB &GUTTER \ \ BITUMINOUS PAVEMENT STREET / \ATCH AS PER CITY STANDARDS / \ MATCH EXISTING \ PAVEMENT (TYP) APPROXIMATE LOCATION OF FUTURE RADIUS I / (BASED ON CONCEPT DRAWING PROVIDED BY CITY) I / NOTE: CONTRACTOR SHALL OBTAIN ALL NECESSARY STATE AND COUNTY PERMITTING FOR WORK COMPLETED WITHIN STATE AND/OR COUNTY PUBLIC RIGHT-OF-WAY / / SITE PLAN (SUPPLEMENTAL) / / / 0 30 60 120 N Z N O L ) J Q� ~ >w O Q>_ O 00 3� w O - E o� N QC U) Q) } o W O 0 W c} o7 wJ Lu �v O 0 00 N U p UOQGO 5 mLQ LU Z z_0 (< Z Q L N N N N ACL} z u N NUMBER: J N }� 0 22015 N W Lu a N SCALE: U N Np `V U) Lo Q O N U N N � Q o W �-0 w m o �E J Z N c7 WO fl� (0 M CO 00 OU z N p) ( z O ��> 01 N co 00 Iz WCDU U) U O ��nn W ° U V C z O _ a) O O LL ui 70 O C N - z z i D } J 0 U N z �S 0 J U N W Q W L > L0 OC z O \ co � N \\` O O 75 (D (10 T- W W Z L ) J 0 ~ >w � O J w LL w �— W JI w OUB 06 O wJ Lu �v F_ p UOQGO 5 mLQ LU Z z_0 (< O Lu � NUMBER: 0 0 22015 3 SCALE: cn 1 "=30' Lu Lo Z O Q o N N NCS 1 OF cn Z N c7 WO fl� L ) J Y Lu ~ >w � O J w LL O O �— W JI w OUB 06 O wJ = Z �v F_ p UOQGO 5 mLQ LU Z z_0 (< O PROJECT � NUMBER: N 0 22015 3 SCALE: cn 1 "=30' Lo N N NCS 1 OF 1 CITY OF MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY RESOLUTION NO. 2022-27 RESOLUTION AUTHORIZING CONVEYANCE OF CERTAIN REAL PROPERTY TO THE CITY OF MONTICELLO WHEREAS, the City of Monticello Economic Development Authority (the "Authority") is the owner of certain real property located in Wright County, Minnesota and legally described on Exhibit A attached hereto (the "Property"); and WHEREAS, the City of Monticello, Minnesota (the "City") is interested in the conveyance of the Property; and; and WHEREAS, the Authority has determined that it is in the best interest of the public to convey the Property to the City; and WHEREAS, the Authority and the City have followed applicable statutory provisions, including but not limited to, Minnesota Statutes, Sections 465.035, 469.029, and 471.64. NOW THEREFORE, BE IT RESOLVED by the Board of Commissioners of the City of Monticello Economic Development Authority as follows: 1. The recitals set forth in the preamble to this Resolution and the exhibits attached to this Resolution are incorporated into this Resolution as if fully set forth herein. 2. The conveyance of the Property by the Authority to the City is hereby authorized pursuant to a quit claim deed. 3. The Board hereby authorizes the President and Executive Director, in their discretion and at such time, if any, as they may deem appropriate, to execute on behalf of the Authority all appropriate documents to convey title of the Property to the City (the "Conveyance Documents"), and to carry out, on behalf of the Authority, the Authority's obligations thereunder when all conditions precedent thereto have been satisfied. The Conveyance Documents shall be in substantially the form on file with the Authority and the approval hereby given to the Conveyance Documents includes approval of such additional details therein as may be necessary and appropriate and such modifications thereof, deletions therefrom and additions thereto as may be necessary and appropriate and approved by legal counsel to the Authority and by the officers authorized herein to execute said documents prior to their execution; and said officers are hereby authorized to approve said changes on behalf of the Authority. The execution of any instrument by the appropriate officers of the Authority herein authorized shall be conclusive evidence of the approval of such document in accordance with the terms hereof. This resolution shall not constitute an offer and the Conveyance Documents shall not be effective until the date of execution thereof as provided herein. FEW 4. In the event of absence or disability of the officers, any of the documents authorized by this resolution to be executed may be executed without further act or authorization of the Board by any duly designated acting official, or by such other officer or officers of the Board as, in the opinion of the City Attorney, may act in their behalf. Upon execution and delivery of the Conveyance Documents, the officers and employees of the Board are hereby authorized and directed to take or cause to be taken such actions as may be necessary on behalf of the Board to implement the Conveyance Documents. Approved by the Board of Commissioners of the City of Monticello Economic Development Authority on , 2022. Vice President ATTEST: Executive Director EXHIBIT A LEGAL DESCRIPTION OF THE PROPERTY PROPOSED DESCRIPTION FROM MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY TO CITY OF MONTICELLO Those parts of Lots Thirteen, Five and Six, Block Fifty—two, MONTICELLO, according to the recorded plot thereof, Wright County Minnesota, described as follows: Beginning at the most easterly corner of said Lot Thirteen, thence on an assumed bearing of South 2516'44" West along the southeasterly line of said Lot Thirteen, a distance of 165.36 feet to the mast southerly corner of said Lot Thirteen; thence North 64058'26 West along the southwesterly line of said Lot Thirteen, a distance of 3.06 feet to an outside building line; thence South 24018`51' West along said outside building line, a distance of 0.27 feet to a building corner; thence North 65040'10" West along said outside building line, a distance of 44.00 feet to a building corner; thence North 24°1851 East along said outside building line, a distance of 78.00 feet to a building comer, • thence South 65041'09" East along said outside building line, a distance of 3.33 feet to the northwesterly line of the Southeasterly 45.00 feet of said Lot Thirteen; thence North 2559'31 " East along said northwesterly line, a distance of J.// feet to the southwesterly line of the Northeasterly 85.00 feet of said Lot Thirteen; thence South 65' East along said southwesterly line, a distance of 30.00 feet to the northwesterly line of the Southeasterly 15.00 feet of said Lot Thirteen; thence North 25016044" Fast along said northwesterly line, a distance of 85.00 feet to the northeasterly line of said Lot Thirteen; thence South 65° Fast along said northeasterly line, a distance of 15.00 feet to the point of beginning. The Easterly 20 feet of Lot Three and Lot Four and Lot Five, except the East 18 feet /0 inches of said Lot Five (the East 18'10" of said Lot Five being sold to Roy A. Louring and is described.- That part of Lot Five being more particularly described as follows: Beginning at the Southerly point of said Lot Five, thence Northwesterly along the Southwesterly side of Lot Five, 18 feet 10 inches; thence Northeasterly and parallel to the Southeasterly side of said Lot Five to the Northeasterly line of said Lot Five; thence Southeasterly 18 feet JO inches to the most Easterly point of said Lot Five; thence Southwesterly to paint of beginning), all in Block Fifty—two in the TOWNSITE OF MONTICELLO, Wright County, Minnesota; AND Lot Six and the East 18 feet and 10 inches of Lot Five in Block Fifty two in the TOWN or TOWNSiTE OF MONTICELLO, according to the plat by John 0. Haven of record and situate in Wright County, Minnesota. (That part of Lot Five being more particularly described as follows: Begin at the Southerly point of Lot Five, thence Northwesterly along the Southwesterly side of said Lot Five, a distance of I8 feet, 10 inches; thence Northeasterly and parallel to the Southeasterly side of said Lot Five to the Northeasterly line of said Lot Five, thence Southeasterly a distance of 18 feet, 10 inches to the most Easterly point of said Lot Five; thence Southwesterly to point of beginning. Except the first described parcel. EXCEPT M Those parts of the above described three properties lying southeasterly and southwesterly of the following described line: Commencing at the most northerly corner of said Block 52; thence southeasterly along the northeasterly line of said Block 52, a distance of 183.88 feet to the northwesterly line of the southeasterly 15.00 feet of Lot 13, said Block 52, being the point of beginning of the line to be described; thence southwesterly along said northwesterly line a distance of 94.52 feet, thence northwesterly parallel with the southwesterly line of said Block 52, a distance of 21.83 feet, thence southwesterly parallel with the southeasterly line of said Block 52, a distance of 107.48 feet_ thence northwesterly parallel with the southwesterly line of said Block 52, a distance of 82.85 feet to the westerly line of the Easterly 20.00 feet of Lot 3, said Block 52 and said line there terminating. 6/20/22 REV N0. DATE DESCRIPTION BY: BY: CEG ED BY: CAIN ILE: 22—O048AREA 0.: 22-0048.00 C QUIT CLAIM DEED Deed Tax Due: $1.70 Consideration for this transfer is less than $3000.00. ECRV:NA Date: FOR VALUABLE CONSIDERATION, the City of Monticello Economic Development Authority, a public body corporate and politic under the laws of the State of Minnesota, Grantor, hereby conveys and quitclaims to the City of Monticello, Minnesota, a municipal corporation under the laws of the State of Minnesota, Grantee, real property in Wright County, Minnesota, described as follows: See Exhibit A attached hereto. Check here if part or all of the land is Registered (Torrens) O together with all hereditaments and appurtenances. ❑ The Seller certifies that the Seller does not know of any wells on the described real property. ❑ A well disclosure certificate accompanies this document or has been electronically filed. (If electronically filed, insert WDC number: ). ❑ I am familiar with the property described in this instrument and I certify that the status and number of wells on the described real property have not changed since the last previously filed well disclosure certificate. MN190\159\819307.v1 GRANTOR: CITY OF MONITCELLO ECONOMIC DEVELOPMENT AUTHORITY By Jon Morphew, Vice President By James Thares, Executive Director STATE OF MINNESOTA SS COUNTY OF WRIGHT The foregoing was acknowledged before me this day of , 2022, by Jon Morphew and James Thares, the President and Executive Director, respectively of the City of Monticello Economic Development Authority, a public body corporate and politic under the laws of the State of Minnesota (the "Authority"), on behalf of the Authority, Grantor. NOTARY STAMP This instrument was drafted by Kennedy & Graven, Chartered 150 South Fifth Street, Suite 700 Minneapolis, MN 55402 (612) 337-9300 MN190\159\819307.v1 SIGNATURE OF PERSON TAKING ACKNOWLEDGMENT Tax Statements should be sent to: City of Monticello, Minnesota 505 Walnut Street, #1 Monticello, MN 55362 Exhibit A The property located within the City of Monticello, Wright County, Minnesota legally described as follows: PROPOSED DESCRIPTION FROM MONTICELLO ECONOMIC DEVELOPMENT AUTHORITY TO CITY OF MONTICELL 0 Those parts of Lots Thirteen, Five and Six, Block Fifty—two, MONTICELLO, according to the recorded plot thereof, Wright County, Minnesota, described as follows: Beginning at the most easterly corner of said Lot Thirteen, thence on an assumed bearing of South 2516'44" West along the southeasterly line of said Lot Thirteen, a distance of 165.36 feet to the most southerly corner of said Lot Thirteen; thence North 64058'26" West along the southwesterly line of said Lot Thirteen, a distance of 3.06 feet to an outside building line; thence South 2401851' West along said outside building line, a distance of 0.27 feet to a building corner; thence North 65040'10" West along said outside building line, a distance of 44.00 feet to a building corner; thence North 24°1851' East along said outside building line, a distance of 78.00 feet to a building corner; thence South 65041'09" East along said outside building line, a distance of 3.33 feet to the northwesterly line of the Southeasterly 45.00 feet of said Lot Thirteen; thence North 2559'31 " East along said northwesterly line, a distance of 3.11 feet to the southwesterly line of the Northeasterly 85.00 feet of said Lot Thirteen; thence South 65' East along said southwesterly line, a distance of 30.00 feet to the northwesterly line of the Southeasterly 15.00 feet of said Lot Thirteen; thence North 25016044" Fast along said northwesterly line, a distance of 85.00 feet to the northeasterly line of said Lot Thirteen; thence South 65° Fast along said northeasterly line, a distance of 15.00 feet to the point of beginning. ►1i►1► The Easterly 20 feet of Lot Three and Lot Four and Lot Five, except the East 18 feet IO inches of said Lot Five (the East 18'10" of said Lot Five being sold to Roy A. Louring and is described- That part of Lot Five being more particularly described as follows: Beginning at the Southerly point of said Lot Five, thence Northwesterly along the Southwesterly side of Lot Five, 18 feet 10 inches, thence Northeasterly and parallel to the Southeasterly side of said Lot Five to the Northeasterly line of said Lot Five; thence Southeasterly 18 feet 10 inches to the most Easterly point of said Lot Five; thence Southwesterly to paint of beginning), all in Black Fifty—two in the TOWNSITE OF MONTICELLO, Wright County, Minnesota; AND Lot Six and the East 18 feet and 10 inches of Lot Five in Block Fifty—two in the TOWN or TOWNSiTE OF MONTiCELLO, according to the plot by John 0_ Haven of record and situate in Wright County, Minnesota. (That part of Lot Five being more particularly described as follows: Begin at the Southerly point of Lot Five, thence Northwesterly along the Southwesterly side of said Lot Five, ❑ distance of I8 feet, 10 inches; thence Northeasterly and parallel to the Southeasterly side of said Lot Five to the Northeasterly line of said Lot Five; thence Southeasterly a distance of 18 feet, le inches to the most Easterly point of said Lot Five; thence Southwesterly to point of beginning. Except the first described parcel. EXCEPT MN190\159\819307.v1 Those parts of the above described three properties lying southeasterly and southwesterly of the following described line: Commencing at the most northerly corner of said Block 52; thence southeasterly along the northeasterly line of said Block 52, a distance of 183.88 feet to the northwesterly line of the southeasterly 15.00 feet of Lot 13, said Block 52, being the point of beginning of the line to be described; thence southwesterly along said northwesterly line a distance of 94.52 feet, thence northwesterly parallel with the southwesterly line of said Block 52, a distance of 21.83 feet, thence southwesterly parallel with the southeasterly line of said Block 52, a distance of 107.48 feet_ thence northwesterly parallel with the southwesterly line of said Block 52, a distance of 82.85 feet to the westerly line of the Easterly 20.00 feet of Lot 3, said Block 52 and said line there terminating. 6/20/22 EV I DATE I DESCRIPTION BY: BY: CEG ED BY: CAW ILE: 22-0048AREA 0.: 22-0048.00 MN190\159\819307.v1