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City Council Resolution 1993-05RESOLUTION 93- s RESOLUTION FOR THE CITY OF MONTICELLO TO HOLD LOTS 1, 2, & 3 AND TO GRANT A RIGHT OF FIRST REFUSAL FOR LOTS 45o 5, & 69 BLOCK 1, OAKWOOD INDUSTRIAL PARK SECOND ADDITION, CITY OF MONTICELLO, FOR THE H -WINDOW COMPANY WHEREAS, the City of Monticello acknowledges that Lots 11 and 12, Block 2, Oakwood Industrial Park, city of Monticello, are owned by the H -Window Company, and WHEREAS, the City of Monticello owns and recognizes that Lots 1, 2, 3, 4, 5, and 6, Block 1, Oakwood Industrial Park Second Addition, city of Monticello, adjoins the H - Window Company property, and WHEREAS, the City of Monticello endorses economic development and the business retention and expansion program. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MONTICELLO, MINNESOTA: 1. The City of Monticello shall hold Lots 1, 2, & 3, Block 1, Oakwood Industrial Park Second Addition, city of Monticello, for the H -Window Company located at 1324 East Oakwood Drive, Monticello, Minnesota, for a period through the end of May 1993. 2. The City of Monticello shall also grant a right of first refusal on Lots 4, 5, & 6, Block 1, Oakwood Industrial Park Second Addition, for the H -Window Company until May 31, 1993, in accordance with the terms and conditions of the right of refusal agreement. Adopted by the Council this 22nd day of February, 1993. May -or City Admini trator