Title
RESOLUTION AUTHORIZING THE EXECUTION AND FILING OF A DECLARATION OF RESTRICTIVE COVENANT FOR CHESTER CREEK WITHIN CHESTER PARK.
Body
CITY PROPOSAL:
WHEREAS, Resolution No. 16-0022 authorized certain stream restoration work on Chester Creek within Chester Park by the South St. Louis Soil and Water Conservation District (the "Project"); and
WHEREAS, the Project is financed under a grant agreement between the State of Minnesota, Department of Natural Resources and South St. Louis Soil and Water Conservation District (contract #101811/3000085664); and
WHEREAS, a condition of said grant agreement requires the filing of a restrictive covenant against the real property to prevent it from being sold, mortgaged, encumbered or otherwise disposed of without the approval of the Commissioner of Minnesota Management and Budget; and
WHEREAS, Resolution No. 16-0222 also authorized the execution and filing of a restrictive covenant in order to meet the conditions stated in the grant agreement, but the legal description for the restricted property contained Chester Bowl in its entirety instead of limiting the legal description to Chester Creek within Chester Bowl; and
WHEREAS, the proper city officials have not executed nor recorded the restrictive covenant with the legal description contained in Resolution No. 16-0022.
NOW THEREFORE, BE IT RESOLVED, that the proper city officials are hereby authorized to execute the Declaration of Restrictive Covenant, substantially in the form attached as Exhibit 1, over the real property legally described on Exhibit A to Exhibit 1.
FURTHER RESOLVED, that the proper city officials are hereby directed to file the Declaration of Restrictive Covenant with the St. Louis County Recorder and/or Registrar of Titles in order to properly effectuate this restrictive covenant.
Statement of Purpose
STATEMENT OF PURPOSE: The purpose of this resolution is to authorize the execution and filing of a Declara...
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