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2008-057 CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 2008-057 RESOLUTION ACCEPTING THE TRANSFER OF TITLE FROM OPUS NORTHWEST TO THE CITY FOR OUTLOT "A", EXCELSIOR CROSSINGS; ACCEPTING THE PUBLIC IMPROVEMENTS ON OUTLOT "A"; AND REVOKING THE OUTSTANDING ASSESSMENT AGAINST THE OUTLOT "A" PARCEL WHEREAS, the City entered into a PUD/Development Agreement with Opus Northwest on August 14, 2006 that stipulated the conditions for transfer of title of Outlot "A" from Opus Northwest to the City and for City acceptance of public improvements and, WHEREAS, the City Attorney has determined that Opus Northwest has met all said conditions for title transfer and that the title for Outlot "A" is free and clear of all liens and encumbrances and, WHEREAS, the City Engineer has inspected and approved the public improvements constructed on Outlot "A" and, WHEREAS, it has been determined not to be fair or reasonable to impose a special assessment for street improvements upon Opus Northwest for the Outlot "A" parcel prior to it being transferred to the City; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Hopkins, Minnesota that: 1. The City of Hopkins accepts title to the Outlot "A" property from Opus Northwest, Inc. 2. The City of Hopkins accepts the public improvements on Outlot "A", including the regional stormwater retention pond. 3. The City of Hopkins revokes the special assessment against Outlot "A" in the amount of $29,831. Adopted by the City Council of the City of Hopkins this 21st day of October 2008. ~~ Eug e J axwell, Mayor ATTEST: ./