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HomeMy WebLinkAboutCity Council Resolution 2018-211 C ITY OF P LYMOUTH R ESOLUTION N O. 2018-211 R ESOLUTION A PPROVING A CQUISITION OF P ERMANENT E ASEMENT FOR S TREET, D RAINAGE AND U TILITY P URPOSES FOR THE S TATE H IGHWAY 55 F RONTAGE R OAD R ECONSTRUCTION P ROJECT (13002) WHEREAS, the City requires a permanent easement for public street, drainage and utility in connection with the State Highway 55 Frontage Road Reconstruction (13002); and WHEREAS, the properties have PID numbers of 35-118-22-14-0004 and 35-118-22-14-0005; and WHEREAS, National Retail Properties, LP is grantor of real property located within the City of Plymouth as legally described on the two separate attached Exhibit “A” (the “NR Properties”); and WHEREAS, the grantor has agreed to grant the City a permanent easement for street, drainage and utility purpose over a portion of the NR Properties legally described within the Grant of Permanent Easement on the two separate attached Exhibit “B” (the “Easement”); and WHEREAS, the City has agreed to pay the Grantor $60,728.00 as compensation in full for their granting the permanent street, drainage and utility easement. NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA that the City Council hereby approves the Easement and payment of $60,728.00 to the Grantor. APPROVED by the City Council on this 12th day of June, 2018.