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HomeMy WebLinkAboutx05-24-2021 Release of Developers Agmt - Fox IslandLAND TYPE Abstract(A) DOC NUM 10969540 Certified, filed and/or recorded on Jun 1, 2021 10:25 AM Office of the County Recorder Hennepin County, Minnesota Martin McCormick, County Recorder Mark Chapin, County Auditor and Treasurer Deputy 169 Pkg ID 2249651E Document Recording Fee 46.00 Document Total 46. 00 This cover sheet is now a permanent part of the recorded document. reserved for recording information) RELEASE OF DEVELOPER'S AGREEMENT RELEASE OF DEVELOPER'S AGREEMENT granted this 24th day of May, 2021, by the CITY OF ORONO, a Minnesota municipal corporation ("City"). WHEREAS,the City and Hashem Abukhadra,Trustee of the Irrevocable Trust Agreement of Suad Azhari u/t/a dated March 23, 1990,have entered into a Developer's Agreement dated April 12, 2007 and recorded October 9, 2008 as Hennepin County Document No. A9192174 Agreement"); and WHEREAS, the City has been requested to release and discharge the property legally described on Exhibit A("Property") from the Agreement; WHEREAS,all requirements of the Agreement have been met as to the Property and there is no longer a need to have the Agreement recorded against the Property. NOW THEREFORE,be it resolved by the City of Orono, Minnesota: The Property described on Exhibit A is released and discharged from the Agreement. ADOPTED this 21st day of May, 2021. Remainder of the page is intentionally left blank. Signature page is to follow.] 1 215397v1 CITY OF ORONO By: Dennis Walsh,Mayor B • Adam T. Edwards, City Administrator STATE OF MINNESOTA ) ss. COUNTY OF HENNEPIN ) The foregoing instrument was acknowledged before me this o79day of 2021 by Dennis Walsh and by Adam T. Edwards,respectively the Mayor and City Ad inistrator of the City of Orono, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City ouncil. tfJllllJl./1./t!-rJ.llJlll!!It I. otary Public ANNA MARIE CARLSON t- a 4' NOTARY PUBLIC-MINNESOTA My Commission Expires Jan.31,2025 f-/lllllll./!./lrll.../I./l JlJll./J DRAFTED BY: CAMPBELL KNUTSON, Professional Association Grand Oak Office Center I 860 Blue Gentian Road,Suite 290 Eagan,Minnesota 55121 Telephone:(651)452-5000 SMM 2 215397v1 EXHIBIT A Lots 1-6, Block 1, Fox Island, Hennepin County, Minnesota, according to the recorded plat thereof. Abstract) 3 215397v1