EDA Resolution #2022-27 Conveyance of Block 52 Parcel to the CityCITY 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.
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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 Bo rd of Commissioners of
Authority on o Z , 2022.
ST:
irector
the City of Monticello Economic Development
ice President(j
EXHIBIT A
LEGAL DESCRIPTION OF THE PROPERTY
Those parts of Lots Thirteen, Five and Six, Block Fifty—two, MONTICELLO, according
to the recorded plat thereof, Wright County, Minnesota, described as follows:
Beginning at the most easterly corner of said Lot Thirteen, thence on an assumed
bearing of South 25°16'44" 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 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 sold outside building line, a distance of 44.00 feet to a
building corner; thence North 24°18'51" East along said outside building line, a
distance of 78.00 feet to a building corner; thence South 65a41'09" 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 25°59'31" 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 25'*16'44" East along
said northwesterly line, a distance of 85.00 feet to the northeasterly line of said
Lot Thirteen; thence South 65° East along said northeasterly line, a distance of
15.00 feet to the point of beginning.
AND
The Easterly 20 feet of Lot Three and Lot Four and Lot Five, except the East /8
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 /0 inches; thence Northeasterly
and parallel to the Southeasterly side of said Lot Five to the Northeasterly line of
said Lot Five; thence Southeasterly /8 feet /0 inches to the most Easterly point of
said Lot Five, thence Southwesterly to point of beginning), all in Block Fifty—two in
the TOWNSI TE OF MONTICELLO, Wright County, Minnesota;
AND
Lot Six and the East 18 feet and /0 inches of Lot Five in Block Fifty—two in the
TOWN or TOWNS/TE OF MONTICELLO, according to the plat by John O. 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 /8 feet,
l0 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, l0 inches to the most Easterly point of said Lot Five; thence
Southwesterly to point of beginning. Except the first described parcel.
EXCEPT
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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 l3, sold 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.
IM