HomeMy WebLinkAbout2023-088CITY OF COLUMBIA HEIGHTS, MINNESOTA
RESOLUTION NO.2023-88
RESOLUTION APPROVING CLOSING OF TRANSFER AGREEMENT WHICH RECITES
TERMS FOR CONVEYANCE TO CITY OF CITY HALL COMPONENT AND PROVIDING
AUTHORITY TO SIGN NECESSARY AND CUSTOMARY CLOSING DOCUMENTATION.
BE IT RESOLVED by the City Council ("Council") of the City of Columbia Heights,
Minnesota ("City") as follows:
Section 1. Recitals.
1.01. The City and the Columbia Heights Economic Development Authority (the
"Authority") have previously established the NE Business Center Tax Increment Financing
District ("TIF District") within the Downtown Central Business District Redevelopment Project
to promote the development and redevelopment of land which is underutilized within the City.
1.02. The City, the Authority, and BPOZ Columbia Heights, LLC ("Developer") have
entered into a Purchase and Redevelopment Contract (the "Contract"), which provides for the
conveyance by the City and the Authority of the City/Authority Parcels described in Exhibit A
(the "Redevelopment Property") to the Developer, and the construction of improvements by the
Developer of a multi -use facility comprising commercial space, a city hall, and multi -family
housing (the "Minimum Improvements").
1.03. The Contract recites the consideration to be received by the City for the City
Parcels as cash and the Commercial Unit for use as a city hall.
1.04. The Contract provides that the Commercial Unit shall be conveyed by the
Developer to the City after completion of the Minimum Improvements on the Redevelopment
Property.
1.05. A Transfer Agreement between the City and Developer (the "Transfer
Agreement") recites that upon completion and formation of the Commercial Unit (the "City Hall
Component") in a Grey Shell Condition as described therein, the Developer shall convey this
Commercial Unit to the City for no additional consideration.
Section 2. Transfer Agreement Closing Authorization.
2.01 The Transfer Agreement as presented to the Council has been in all respects
approved.
2.02. That Kevin Hansen, as City Manager is hereby authorized to execute on behalf of
the City any and all necessary or customary closing documents and any documents referenced in
such Transfer Agreement requiring execution by the City, and to carry out, on behalf of the City,
its obligations under the Transfer Agreement.
2.03. City staff and consultants are authorized to take any action necessary to carry out
the intent of this resolution.
Adopted by the City Council of the City of Columbia Heights this llth day of
December, 2023.
Offered by: Jacobs
Seconded by: Spriggs
Roll Call: All Ayes
ATTEST:
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EXHIBIT A TO RESOLUTION
APPROVING TRANSFER AGREEMENT
Tract A, REGISTERED LAND SURVEY NO. 250.
Subject to the reservation to the State of Minnesota in trust for the taxing districts concerned of
minerals and mineral rights therein.
AND
That part of Lot Twenty-three (23), Block One (I), Walton's Rearrangement of Lots Thirty-
three (33), and Thirty-four (34), Block Six (6), Reservoir Hills lying Southwesterly and
westerly of the following described line:
Beginning at a point on the south line of said Block I, Walton's Rearrangement, said point
being 18.00 feet west of the southeast corner of Lot 23 of said Block I, Walton's
Rearrangement; thence northerly on a line 18.00 feet west of and parallel with said east line of
Lot 23, a distance of 87.00 feet; thence on a straight line to a point on the north line of Lot 30
of said Block 6, Reservoir Hills, said point being 47.23 feet easterly of the northwest comer of
said Lot 30 and there terminating according to the plat thereof on file and of record in the
office of the Register of Deeds of and for Anoka County, Minnesota.
Subject to the reservation to the State of Minnesota in trust for the taxing districts
concerned of minerals and mineral rights therein.
AND
Tract B, REGISTERED LAND SURVEY NO. 250.
Subject to the reservation to the State of Minnesota in trust for the taxing districts concerned
of minerals and mineral rights therein.
AND
Lot 19, Block 1, Walton's Rearrangement of Lots 33 and 34, Block 6, Reservoir
Hills AND
The east 18.00 feet of Lot 23, Block 1, Walton's Rearrangement of Lots 33 and 34, Block 6,
Reservoir Hills, measured parallel with the east line of said Lot 23.
Subject to the reservation to the State of Minnesota in trust for the taxing districts
concerned of minerals and mineral rights therein.
AND
Lots 24, 25, and 26, Block 6, RESERVOIR HILLS, Anoka County, Minnesota.
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Lots 20, 21 and 22 Block 1, WALTON'S REARRANGEMENT OF LOTS 33 AND 34
BLOCK 6, tESERV
�IR HILLSand all of the vacated alley adjacent to said Lots 20, 21, anc�22, Anoka Cunty, Minnesota.
That part of Lot 27, Block 6, RESERVOIR HILLS which lies westerly of the northerly
extension of the east line of Lot 23, Block 1, , WALTON'S REARRANGEMENT OF LOTS
33 AND 34, BLOCK 6, RESERVOIR HILLS and lying easterly of the following described
line:
Beginning at a point on the south line of said Block 1, WALTON'S REARRANGEMENT
OF LOTS 33 AND 34, BLOCK 6, RESERVOIR HILLS, said point being 18.00 feet west
from the Southeast corner of Lot 23 of said Block 1, WALTON'S REARRANGEMENT OF
LOTS 33 AND 34, BLOCK 6, RESERVOIR HILLS; thence northerly on a line 18.00 feet
west of and parallel with the east line of said Lot 23, to the north line of said Block 6,
RESERVOIR HILLS.
.ZED
Lot 32, Block 6, RESERVOIR HILLS, Anoka County, Minnesota.
Lots 25 through 28, Block 1, WALTON'S REARRANGEMENT OF LOTS 33 AND 34,
BLOCK 6, RESERVOIR HILLS, Anoka County, Minnesota.
The vacated alley adjacent to Lots 25 through 28, Block I, WALTON'S
REARRANGEMENT OF LOTS 33 AND 34, BLOCK 6, RESERVOIR HILLS, Anoka
County, Minnesota.
Those parts of Lots 28 through 31, Block 6, RESERVOIR HILLS; Lot 24, Block 1, WALTON'S
REARRANGEMENT OF LOTS 33 AND 34, BLOCK 6, RESERVOIR HILLS; and of the
vacated alley adjacent to Lot 24, Block 1, WALTON'S REARRANGEMENT OF LOTS 33
AND 34, BLOCK 6, RESERVOIR HILLS; lying Southwesterly and Westerly of the following
described line:
Beginning at a point on the South line of Block 1, WALTON'S REARRANGEMENT OF
LOTS 33 AND 34, BLOCK 6, RESERVOIR HILLS, said point being 18.00 feet West of the
Southeast corner of Lot 23, of said Block 1, WALTON'S REARRANGEMENT OF LOTS 33
AND 34, BLOCK 6, RESERVOIR HILLS; thence Northerly on a line 18.00 feet West of and
parallel with the East line of said Lot 23, a distance of 87.00 feet; thence on a straight line to a
point on the North line of Lot 30 of said Block 6, RESERVOIR HILLS, said point being 47.23
feet Easterly of the Northwest comer of said Lot 30 and there terminating.
Parcel 2:
Those parts of Lots 27 through 31, Block 6, RESERVOIR HILLS and those parts of Lots 23
and 24, Block 1, WALTON'S REARRANGEMENT OF LOTS 33 AND 34, BLOCK 6,
RESERVOIR HILLS and of the vacated alley abutting Block 1, "WALTON'S
REARRANGEMENT OF LOTS 33 AND 34, BLOCK 6, RESERVOIR HILLS", as dedicated
in said plat, lying within the following described tract:
Commencing at a point on the South line of said Block, I, WALTON'S REARRANGEMENT
OF LOTS 33 AND 34, BLOCK 6, RESERVOIR HILLS distant 18.00 feet West of the
M
Southeast corner of Lot 23, said Block 1, WALTON'S REARRANGEMENT OF LOTS 33
AND 34, BLOCK 6, RESERVOIR HILLS; thence Northerly on a line 18.00 feet West of and
parallel with the East line of said Lot 23, a distance of 87.00 feet, to the actual point of
beginning of the tract to be described; thence continuing Northerly on the extension of said
parallel line to the North line of Block 6, RESERVOIR HILLS; thence Westerly along said
North line of Block 6, to a point being 47.23 feet Easterly of the Northwest corner of Lot 30,
Block 6, RESERVOIR HILLS; thence Southeasterly, to the point of beginning;
Excepting therefrom Tract A, REGISTERED LAND SURVEY NO. 250, Anoka County,
Minnesota.
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