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Melanie Curtis From: Melanie Curtis Sent: To: Thursday, July 02, 2015 8:57 AM 'Droneck, Michelle (TRG)' Cc: John Winston; 'Greg White' Subject: RE: Greg White -Lot line rearrangement -4355 Bayside Road - Michelle I'm sorry for the delay. I was out of the office and then, upon return, needed to better understand your questions. See my responses below in RED. Melanie Melanie Curtis, Planner Direct 952.249.4627 Planning & Zoning Office 952.249.4620 2750 Kelley Parkway, Orono, MN 55356 Email: mcurtis@ci.orono.mn.us Website: www.ci.orono.mn.us from: Droneck, Michelle (TRG) [mailto:Michelle.Droneck@BurnetTitle.com] Sent: Thursday, June 25, 2015 10:49 AM To: Melanie Curtis Cc: John Winston; 'Greg White' Subject: Greg White -Lot line rearrangement -4355 Bayside Road - Melanie, This email is a follow up to the voice mail message I have left for you. Burnet Title is working with Greg White and his buyers on closing the sales of the lot line rearrangement. The Partial Release of Mortgage has been received and we have scheduled the closings for both lots to take place this afternoon at 2:00. Initially the sales were structured as Contract for Deeds. The requirement of the lot line rearrangement is that the transferred portion shall not be considered a standalone buiidable lot, and shall be legally combined with the revised property-added to the existing parcels. Dave at Hennepin County has indicated they are not able to combine the transfer legal until the Contract for Deeds are paid in ful!. This was my initial concern regarding the proposed sale transactions and the timing for each to be final, The Steven and Patricia White purchase of the 7.06 acres will now be a cash purchase. The attached Warranty Deed will be filed with the Resolution. The Todd and Lisa Sylvester purchase of the 4.61 acres will continue to be a Contract for Deed purchase with the Balloon Date to be prior to the April 27,2016 deadline so that the Contract for Deed can be paid in full and the Warranty Deed can be filed prior to the April 27, 2016 VOID/deadline. Because Burnet Title does not have control over the Contract for Deed payoff, Burnet Title is asking for a letter from the City of Orono stating that if the Contract for deed portion fa!is thru and the property is not deeded to Todd and Lisa Sylvester that the Steven and Patricia White transfer with the recorded deed is still in effect on April 27, 2016. The current resolution does not specifically state that the transactions can be transferred independently. The resolution allows for the lot lines to be moved as shown. If one of the transactions does not happen it will not negate the approval for the other 1.mless the resolution has expired. 60-days prior to expiration the property owner should request an extension of the allowed filing time to be considered and granted by the City Council. Can you please assist us with this request so that we can close this afternoon? Thank you. 1