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09-1205Council File # d� /J,d� Green Sheet # 3086416 RESOLUTION CITY Presented SAINT PAUL, MINNESOTA RESOLUTION NO. 09-10/28- RESOLUTION APPROVING AND AUTHORIZING THE EXECUTION OF A SETTLEMENT AGREEMENT WITH EXXONMOBIL OIL CORPORATION A. WHEREAS, the Housing and Redevelopment Authority of the City of Saint Paul, 10 11 12 13 14 15 16 17 i8 19 20 21 22 23 24 25 26 27 28 Minnesota ("Authority") has approved a settlement agreement ("Settlement AgreemenY') with Exxon Mobil Oil Corporation ("Exxon") regazding the condemnation of land owned by ExxonMobil within the Koch-Mobil Redevelopment Project azea, and B. WHEREAS, as part of that Settlement Agreement the City is being asked to assume and perform the Authority's obligations thereunder upon the dissolution of the Authority and the City of Saint Paul is willing to do so; NOW, THEREFORE, BE IT RESOLVED by the Saint Paul City Council as follows: Section 1. The City of Saint Paul hereby approves the Settlement Amendment with E�on in substantially the form submitted, and the Mayor, City Clerk and Director, Off'ice of Financial Services are hereby authorized and directed to execute the Settlement Amendment on behalf of the City of Saint Paul. The Director of the Department of Planning and Economic Development is hereby authorized to negotiate and agree to any amendments, deletions or revisions to the Settlement Amendment which do not substantially change the rights or obligations of the Ciry of Saint Paul provided that such amendments are acceptable in form and substance to the Saint Paul City Attorney. Section 2. The City of Saint Pau1 staff and legal counsel for the City of Saint Paul are further directed and authorized to take all actions necessary to implement this resolution and the PED Director is authorized to execute any documents and instruments in connection therewith. Yeas � Nays � Absem N��uest d b iJ of. Stark ✓ Adopted by Council: Date ����'(��//�j Adoption Certified by Counc' Secretary By: ' i'r/ �� i- � Approve ayo Date l t �` By: � D'-�i-izo� � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � PE _ Planning & Econc Developmenf ZSO�TZOO9 ! Green Sheet NO: 3086416 � � � Assign i Number For Routing � Order 0 1 2 3 6 5 6 7 8 9 10 Contact Person & Phone: Must Be on Council Agenda by (Date): Doc. Type: RESOLUTION E-Document Required: Y Document ConWCt: ConWCtPhone: 7otal # of Signature Pages _(Clip All Locafions for Signature) Approving the execution of a Settlement Agreement with Ea�onmobil Oil Corporation. Recommendations: Approve (A) or Reject (R): Planning Commission CIB Committee _. Civil Service Commission Personal Service Contracts Must Answer the Following Questions: �. Has this person�firm everworked under a contract for this department? Yes No 2. Has ihis person/firm ever been a city employee� Yes No 3. Does this person/firm possess a skill not normally possessed by any current ciry employee? Yes No Expiain all yes answers on separete sheet antl attach to green sheet. Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): AdvanGges If Approved: Disadvantages If Approved: Disadvantages If Not Approved: Total AmouM o5 Transaction: � �FUnding Souroe: Financial Information: (Explain) CostlRevenue Budgeted: Activity Number: October 28, 2009 2:27 PM Page 1