HomeMy WebLinkAbout07-27-2020 - Release of Development Contract (reserved for recording information)
RELEASE OF
DEVELOPMENT CONTRACT
RELEASE OF DEVELOPMENT CONTRACT granted this 27 day of
(y ,2020,by the CITY OF ORONO,a Minnesota municipal corporation("City").
WHEREAS,the City has been requested to release and discharge Lot 2 and Lot 9,Block 1,
Tanager Estates, Hennepin County, Minnesota, according to the recorded plat thereof("Subject
Property') from the Development Contract between the City and Irwin L.Jacobs,as Trustee of the
Third Amended and Restated Revocable Trust of Irwin L.Jacobs dated November 22,2006,as
amended on September 24,2007,July 10,2008 and October 23,2009,and Alexandra Jacobs,as
Trustee under the Alexandra Jacobs Revocable Trust Agreement dated November 22,2006,as
amended on October 23,2009,Developer,dated October 19,2016 and recorded November 2,2016,
as Hennepin County, Minnesota,Document No. T05395232 ("Development Contract");
WHEREAS,all requirements of the Development Contract have been met as to the Subject
Property and there is no longer a need to have the Development Contract recorded against the
Subject Property.
NOW THEREFORE, be it resolved by the Orono City Council:
The Subject Property is released and discharged from the Development Contract.
0
ADOPTED this ?-1 --
day of JtA L ,2020.
1
210836v2
CITY OF ORONO
B : U
y Dennis Walsh, Mayor
By: ,411 %
Anna Carlson, City Clerk
STATE OF MINNESOTA )
( ss.
COUNTY OF HENNEPIN )
The foregoing instrument was acknowledged before me this Z day of
2020, by Dennis Walsh and by Anna Carlson, respectively the Mayor and City Clerk 6f the City
of Orono, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the
authority granted by its City Council.
siljr?-44.A4-/Z4/t
qNo ary P is
Nola J.Dickhausen i
NotaryPublic
Minnesota
'%4` °`My Commission Expires January 31,2022►
DRAFTED BY:
CAMPBELL KNUTSON
Professional Association
Grand Oak Office Center 1
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651)452-5000
2
210836v2
(reserved for recording information)
RELEASE OF
DEVELOPMENT CONTRACT
RELEASE OF DEVELOPMENT CONTRACT granted this d7 day of
July ,2020,by the CITY OF ORONO,a Minnesota municipal corporation("City").
WHEREAS,the City has been requested to release and discharge Lot 2 and Lot 4,Block 1,
Tanager Estates, Hennepin County, Minnesota, according to the recorded plat thereof("Subject
Property') from the Development Contract between the City and Irwin L.Jacobs,as Trustee of the
Third Amended and Restated Revocable Trust of Irwin L.Jacobs dated November 22,2006,as
amended on September 24,2007,July 10,2008 and October 23,2009,and Alexandra Jacobs,as
Trustee under the Alexandra Jacobs Revocable Trust Agreement dated November 22,2006,as
amended on October 23,2009,Developer,dated October 19,2016 and recorded November 2,2016,
as Hennepin County, Minnesota, Document No. T05395232 ("Development Contract");
WHEREAS,all requirements of the Development Contract have been met as to the Subject
Property and there is no longer a need to have the Development Contract recorded against the
Subject Property.
NOW THEREFORE, be it resolved by the Orono City Council:
The Subject Property is released and discharged from the Development Contract.
ADOPTED this � I day ofJAI/ ,2020.
1
210836v2
CITY OF ORONO
0
By: r •
Dennis Walsh, Mayor
BY: LiLL4.1AltallA
nna Carlson, City Clerk
STATE OF MINNESOTA )
( ss.
COUNTY OF HENNEPIN )
The foregoing instrument was acknowledged before me this 3 day of
2020, by Dennis Walsh and by Anna Carlson, respectively the Mayor and City Clerk o the City
of Orono, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the
authority granted by its City Council.
/
No aryPu.fc
Nola J.Dickhausen
i. 41 Notary Public C
Minnesota
a t,,,.• IIy Commission Expires January 31,2022 h
DRAFTED BY:
CAMPBELL KNUTSON
Professional Association
Grand Oak Office Center 1
860 Blue Gentian Road, Suite 290
Eagan, Minnesota 55121
Telephone: (651)452-5000
2
210836v2