Resolution 24-08 Release of Easement

RESOLUTION NUMBER 24-08

APPROVING A RELEASE OF UTILITY EASEMENT

WHEREAS, the Housing and Redevelopment Authority in and for the City of Mountain Iron, Minnesota (the “HRA”) has agreed to sell the property legally described on Exhibit A attached hereto (the “Property”) to the Mt. Iron Economic Development Authority (the “EDA”) for further conveyance to Lake Country Power (“Lake Country”); and

WHEREAS, by warranty deed dated December 30, 1976 and recorded in the Office of the St Louis County Recorder on August 17, 1977 as Document No. 258121, the City of Mountain Iron, Minnesota (the “City”) conveyed the Property, or a portion thereof; to Agard L. Lambert, and retained a utility easement over the Property (the “Easement”), as depicted in the drawing attached hereto as Exhibit B; and

WHEREAS, Lake Country, the EDA and the HRA have requested that the City release the Property from the Easement; and

WHEREAS, the City desires to accommodate the request of Lake Country, the EDA and the HRA.

NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF MOUNTAIN IRON, MINNESOTA, that the Mayor and City Administrator are authorized to take such actions as are necessary to release the Property from the Easement. The Mayor and City Administrator, upon the advice of counsel to the City, are authorized to approve the final form and content of any legal documents necessary to effectuate the release of the Easement. The Mayor and the City Administrator are authorized and directed in the name and on behalf of the City to execute the release of Easement and such other documents, instruments or certificates as are deemed necessary or desirable by counsel for the City to release the Easement.

DULY ADOPTED BY THE CITY COUNCIL THIS 19th DAY OF MAY, 2008.

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Mayor Gary Skalko
ATTEST:

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City Administrator