Title
RESOLUTION AUTHORIZING AN AMENDED AND RESTATED PARKING AGREEMENT WITH HERMANTOWN CHURCH OF THE ASSEMBLIES OF GOD (HERMANTOWN CHURCH) FOR UP TO 47 RESERVED PARKING SPACES IN THE WEST MEDICAL DISTRICT (HILLSIDE) PARKING RAMP, AT NO COST TO HERMANTOWN CHURCH.
Body
CITY PROPOSAL:
RESOLVED, that the proper city officials are hereby authorized to execute an amended and restated parking agreement with Hermantown Church of the Assemblies of God for up to 47 reserved parking spaces in the West Medical District Parking Ramp (now known as the Hillside Parking Ramp), substantially the same as that on file with the office of the City Clerk (the "Agreement"), at no cost to Hermantown Church.
FURTHER RESOLVED, that the proper city officials are hereby authorized to enter into a memorandum of agreement, substantially in the form attached as Exhibit 2, for recordation with the St. Louis County Registrar of Titles and/or Recorder to evidence the existence of the Agreement in the real estate records.
Statement of Purpose
STATEMENT OF PURPOSE: This resolution authorizes: (i) an amended and restated parking agreement with Hermantown Church of the Assemblies of God ("Hermantown Church") for up to 47 reserved parking spaces in the West Medical District Parking Ramp (now known as the Hillside Ramp), substantially in the form attached as Exhibit 1 (the "Amended and Restated Agreement"), at no cost to Hermantown Church; and (ii) memorandum of agreement, substantially in the form attached as Exhibit 2, for recordation with the St. Louis County Registrar of Titles and/or Recorder to evidence the existence of the Amended and Restated Agreement in the real estate records.
The predecessor of Hermantown Church is First Presbyterian Church of Duluth, Minnesota ("First Presbyterian Church"), whose principal location is on Second Street in Downtown Duluth (the "Church Property"). First Presbyterian Church also owned other real property on First Street that was acquired to assemble ...
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