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87-675 M�NITE - C�TV �LERK PINK - FINAN�E G I TY O F SA I NT PA U L Council ` CIlNARV.-�EPARTMENT //n BLUE - MAVOR File NO. �+�' � Valuationsy—tRoom 218 Coun il Reso ution ��" (RM) (E. 9th Str) � � O�U Presented By Referred To Committee: Date Out of Committee By Date WHEREAS , the Council of the City of Saint Paul, on May 12, 1982, adopted resolution C.F. 278642 which vacated the following described land: That part of East Ninth Street lying within the following described lines: Beginning at a point on the northwesterly line of Lot 5, V. D. Walsh's Rearrangement of Lots 1 and 2, Block 16 , Robert & Randall's Addition and Block 7, Hoyt's Addition accoraing to the recorded plat thereof, said line also being the southeasterly line of said East Ninth Street, distant 79.65 feet southwesterly of the most northerly corner of said Lot 5; thence northeasterly along said northwesterly line and its northeasterly extension 81.5 feet, 1.5 feet beyond the northeasterly face of the existing four-story brick building on said Lot 5; thence northwesterly parallel to the northwesterly extension of the northeasterly line of said Lot 5 a distance of 1.52 feet, 1.0 foot northwesterly of the northerly corner of said building ; thence southwesterly parallel to and 1.0 foot distant from the northwesterly face of said building 81.5 feet to a point 1.0 foot northwesterly of the westerly corner of said building and distant 1. 95 feet northwesterly of the point of beginning; thence southeasterly 1.95 feet to the point of beginning; and That part of Temperance Street lying within the following described lines: Beginning at the most northerly corner of Lot 5 , V. D . Walsh ' s Rearrangement of Lots 1 and 2, Block 16 , Robert & COUNCILMEN Requested by Department of: Yeas Drew Nays Nicosia Finance & Mana ement Servic s Rettman IR FavOi r �� Scheibel sor,r,e� __ Against BY Director Tedesco . Wilson Adopted by Council: Date Form App ove by City A orne Certified Passed by Council Secretary BY C � B}� Approved by Mavor: Date _ Approv b Mayor for Submiss' to o cil BY - - — B WMITE - CiTV �LERK PINK - FINANCE G I TY OF SA I NT PA U L Council G�„�'�C% C.4NAR`I�--pEPARTMENT Bl_UE - MAVOR File NO. d Return copy to: Cou cil R solution Valuations - Room 218 (RM) (E9thStr) , � Presented By � Referred To Committee: Date Out of Committee By Date Randall's Addition and Block 7, Hoyt's Addition according to the recorded plat thereof; thence northeasterly along the northeasterly extension of the northwesterly line of said Lot 5 a distance of 1 . 85 feet , 1 . 5 feet northeasterly of the northeasterly face of the existing four-story brick building on said Lot 5; thence southeasterly 99.48 feet parallel to and 1.5 feet distant from the face of said building and its southeasterly extension to a point 1.5 feet northeasterly of the southeasterly corner of the existing concrete founc3ation wall on the southeasterly side of said building; thence southwesterly 1.85 feet along the southeasterly face of said foundation wall to the southwesterly line of Temperance Street , said line being also the northeasterly line of said Lot 5 ; thence northwesterly along said southwesterly line of Temperance Street 99.48 feet to the point of beginning; WHEREAS, condition number four of resolution 278642 required Farm Credit Banks to furnish the City with an indemnity bond in the amount of $10 ,000 . 00; and, WHEREAS, the City will accept a Covenant of Indemnity from Farm Credit Banks in lieu of the indemnity bond. THEREFORE BE IT RESOLVED, that the requirement of an indemnity bond in condition four be deleted and replaced with a Covenant of Indemnity which is described as Exhibit "A" attached hereto and made a part of this resolution; and, COUNCILMEN Requested by Department of: Yeas p�eW Nays Nicosia �C Rettman [n Favor .. Scheibel Sonnen __ Agal[lSt BY Tedesco Wilson Form Approved by City Attorney Adopted by Council: Date Certified Passed by Counc.il Secretary BY C� `� ��� By� A►pproved by Navor: Date _ Appro d y Mayor for Submiss' to ouncil Bv - — wHITE - CITV CLERK PINK - FINANCE G I TY O F SA I NT PA U L Council ///��� C�NAR��-�DEPARTMENT �J`� `�� BLUE� - MAVO'R File NO. � � Return copy to: Cou cil R solution Valuations - Room 218 (RM) (E9thStr) , . Presented By _ � Referred To Committee: Date Out of Committee By Date BE IT FURTHER RESOLVED, that in all other respects resolution 278642 shall remain in full force and effect; and, BE IT ALSO RESOLVED, that the City Clerk shall file a copy of this resolution in the office of the Registrar of Titles, and record a copy of this resolution in the Office of the County Recorder , Ramsey County, Minnesota. COUNCILMEN Requested by Department of: Yeas p�eW Nays � Nicosia Rettman I[I FavO[ � �� Scheibel sonnen �__ Against BY D' o Tedesco Wilson Adopted by Council: Date MaY � � 1g87 Form Approved by City Attorn y B <<��f' 2� Certified Y s uncil ta Y By� Approv y Ylavor: Da _ ` i-IHY � � �7 Appro y Mayor Eor Submiss' to ouncil PU�l.I�!I�D ��```.1' � �� i9�7 . � ,..�, , _ _. . � ��� Finance � Mgmt. Servicea � DEPAt�TMENT A � �� ��5�� r� - Dick McCann CONTACT � 298-5317 PHONE " - ; April 27, 1987 DATE :� �� � ASSIGN NUMBER, FOR ROUTING ORDER (C1ip Al1 Locations for Siana„ ture) : Depawtment Director 2 Director of Mana-gement/Mayor 1 Finance and Management Services Director - 3 Gity Clerk � � Budget .Director City A�ttorney , . yHAT WILL BE ACHIEVEQ .BY TAKI�{G aCTION ON THE ATTACNED MATERIALS? (Purpose/ Rationale) • City Council to a3opt resolution authorizing the acceptance of a Coven�nt of Indemnity in lieu of the bonding requirement set forth in coc����� of vacat�on resolution . 278642. The vacated area is bounded by E. Ninth, E , acicsoa and Temper�tt�e.. _ APR 271987 � Ml�'�4R'S OFFICE �.: RECE/� . C�OST/BENEFIT, BUDGETARY AND PERSW�INEL IMPACTS ANTICIPATED: Ap � None �FF�CE O R 2� 1987 P THf � � � MID q�NAG������r�R . �" " �� ENT 3F�NCE J�c`�'� ' �.,9-- � - �INA�lCING_SOURGE AND BUDGET .ACTIVITY NUI�ER CHARGED OR CREDITED: (Flayor's signa- ture not re- - Total Amou.nt_of"Transactian: N/A q4ired if under � a,o,000) Fu�.d.ing �ource: Activity Number: . {�TTACHMENTS (Last and Number Al1 Attachments) : 1. Resolution � � 2. Cipy of Indemnity 3. Map - _ OEPARTMENT REVIEW CITY ATTORNEY REVIEW _x Yes No Council Resolution Required? ' Resolution Required? Yes No � Yes X No Insurance Required? Insurance Sufficient? Yes No Yes x No Insurar�ce Attached: (SEE �REVERSE SIDE FOR INSTRUCTIONS) Revised 12/84 , COVENANT OF INDEMNITY �'!� �7`"�7� To the Honorable, the City Council - of Sai nt Paul , Mi nnesota The Federal Land Bank of Saint Paul , the Federal Intermediate Credit Bank of St. Paul , and the St. Paul Bank for Cooperatives, Federally chartered corporations , owners of the property previously vacated by resolution C.F. 278642 approved P�lay 6, 1982 agree on behalf of themselves, their assigns and successors in interest to indemnify, defend and save harmless the City of Saint •Paul , its officers and employees from all suits, actions or claims of any character brought as a result of injuries or damages received or sustained by any person, persons, or property on account of this vacation, including but not limited to a claim brought because of any act of omission, neglect or misconduct of said corporations or because of any claims or liability arising from any violation of any law or• regulation made in accordance with the law whether by said corporations or any of their agents, employees, assigns, or successors in interest. This indemnification is offered in lieu or the bonding requirement set forth in Condition #� of the above referenced vacation. THE FEDERAL LAND BANK OF SAINT PAUL, FEDERAL INTERMEDIATE CREDIT BANK OF ST. PA��., ST. PAUL BANK FOR CO(1PERATIYES By �� Thei r U� � � ` IA�n%'{'�-' � By �. . c�.�/ T h e i r � : . � c�F - a��'-�.� STATE OF MINNESOTA ) ) ss. COUNTY OF �aY�'�5�2 `f ) r The foregoing instrument was acknowledged before me, his ���` day of � �U�-C� � 198 ' _, by �2� ^ ���' . and p � cL� • , t e / and ,� .�c.d.� .�.�j of The Federal Land Bank of Sai nt Paul , t e e era nterme iate re it ank o t. au , an t e t. au Bank for Cooperatives Corporations under the laws of the United States, on behalfi of the corporations TAMRA 1.MEDINA r / �9�(.C� - �.�L/�c�� �� NOTARYPUBLIC—MIMrESCTA Signature of person t�ca ing acknow edgement '�',. HENNEPIN COUNTY MY COMM. 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