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94-1096 Council File # / yq091j ORIGINAL Green Sheet # 29016 RESOLUTION CITY OF . AINT PAUL MINNESOTA d� I Presented By ZGtie4A Referred To Committee: Date RESOLUTION APPRO 1 1 TOWN SQUARE LIMITED WARRANTY DEED WHEREAS, in connection with the develo . ment and operation of the Town Square public park and retail facility, City of Saint Paul Council Resolut . n No. 88 -396 accepted and approved a limited warranty deed from BCED Minnesota, Inc., to the City o Saint Paul; and WHEREAS, The Town Square Limited W : rranty Deed (a) conveys to the City the area of the Town Square Park public improvements and creates and reserves certain easements for support, access and utilities burdening and benefitting Town Square P. k, and the adjacent Travelers Insurance Company (assignee of BCED Minnesota, Inc.), and (b) memorial , es the Agreements of the City and Travelers Insurance Company relating to the occupancy, use, operation, aintenance, repair, and replacement of these improvements; and WHEREAS, the limited warranty deed co d not be filed until a registration proceeding was completed with Ramsey County, and said deed has now . - - n lost; and WHEREAS, said registration proceeding ' now near completion, after which a deed can then be filed; and WHEREAS, a replacement deed has been submitted for approval by The Travelers Insurance Company, assignee of BCED Minnesota, Inc; and WHEREAS, the replacement deed is subs ntially the same in form and content as the original with the addition of an explanation as to the replac ment of the original deed and changing the grantor to The Travelers Insurance Company; now theref• re, be it RESOLVED by the Council of the City of Saint Paul that the Town Square Limited Warranty Deed is hereby accepted and approved by the Cou cil on behalf of the City of Saint Paul. Yews Nays A.sent Guerin Requested by Department of: Harris —� Grimm Planning an conomic Development Rettman )ilaley `— (� 3 By: '411" iL.� /,IA_ I Adopted by Council: Date �,`; J /aril 4 Form Approved by City Attorney Adoption Certified by Council Secre ary By • ,t,, By : ` - -- Approved by ayor: Date a �� Approved ayor for Sub., 1Lsi• to # o Council By : 414 DEPARTMENT/OFFICE/COUNCIL DrE INITIATED N O 290 6 Ptannblg & Reonomlc Development 0740 -94 GREEN S g CONTACT PERSON & PHONE OE DEPARTMENT DIRECTOR © CITY COUNCIL INR TE Debbie d3rAntSs 26644609 A!BIGN r2i CITY ATTORNEY c3 CITY CLERK R FOR MUST BE ON COUNCIL AGENDA BY (DATE) Rouge ED BUDGET DIRECTOR o FIN. a MGT. SERVICES DIR. August 3, 1994 GB ©ER Q MAYOR (OR,ASSI8TANT) : ❑ TOTAL • OF SIGNATURE PAGES 1 (CLP ALL LOCATIONS FOR SIGNATURE) ACTION REQUESTED: Request for Clay Ontacil to approve acmptitalce of a moment toted viVarnmity Deed kow. Trams inemorime Company for the area of the Tows Square Park public bsprovements. RECOMMENDATIONS: Approve (A) or Retool (R) PERSONAL SERVICE CONTRACTS MUST AVOWER THE FOLLOWING QUESTIONS: PLANNING COMMISSION — .CIVIL SERVICE COMMISSION 1. Has tHs person/firm over worked under a Contract for alb aapartment? _ GIB COMMITTEE YES NO 2. Has this person/firm ever been a dty employee? _ STAFF _ YES NO DISTRICT COURT 3. Does this person/firm possess a skfii not normafty possessed by any Cun ent city ? SUPPORTS WHICH COUNCIL OBJECTIVE? YES NO Explain eh yes answers on sop/ sits slot and attach to green sheet INITIATING PROBLEM, ISSUE. OPPORTUNITY (Who, Whet, When. When. W .): Thb deed is >it replacement fors deed dated October LS, 1900, wbkd Cowie net be ree4avied wadi a registntion - was done. Thho regdshallmt is new near colmpktoy alter wblcb the deed can be ref. However, the orkhull deed has - lost, Mating this meat deed. City Cbuadt ResolMien No. 08496 approved the acceptance of t ile original and there are no subsdaittlad chap. ADVANTAGES IF APPROVED: The motion of the Them Square Petit pubileb� l wemeats by'the ieRy of St. Paul cast be crospleted. DISADVANTAGES IF APPROVED: gairiell Research Center None JUL 2 2 194 JUL2 DISADVANTAGES 1F NOT APPROVED: TLe transfer of the Tewu Square Park public imwrovements cannot be completed is accordance wtttll the eriginal plan. TOTAL AMOUNT OF TRANSACTION $ COST/REVENUE BUDGETED (CIRCLE ONE) YES NO FUNDIWG SOURCE ACTIVITY NUMBER FINANCIAL INFORMATION: (EXPLAIN)