Adopt Resolution 15 11 274 Authorizing the Execution of Certificate of Completion in Relation to Development Agreement with Martin Land Management LLC

This case is a housekeeping item. Per the attached development agreement, the City is required to execute a certificate of completion upon the "completion" of minimum site improvements (which are called out in the original development agreement). Commonly, this request comes to the City when property is being transferred (as the title work shows this item is outstanding). This case has been reviewed by our Community Development Department, the minimum improvements have been completed, and staff recommends moving forward with executing the attached certificate and resolution.

The subject property is the is located just south of Bunker Lake Boulevard off Azurite Street (14040).

NOTE: the business that occupied this site (MMI or Martin EDM) was purchased by Sil-Pro, a Delano based manufacturing company.  Sil-Pro plans on consolidating their various businesses into one facility (in Delano).  As a result, MMI will be leaving Ramsey.  This property will go up for sale in the coming months.

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Motion to:
Adopt Resolution 15 11 274 Authorizing the Execution of Certificate of Completion in Relation to Development Agreement with Martin Land Management LLC