Title
Approving the release of an access easement within the property at 135 Colorado Street East.
Body
WHEREAS, the City of Saint Paul ("City") has received a request from legal counsel for Tapestry Property Holdings, LLC ("Owner") for the release of an access easement encumbering Owner's property located at 135 Colorado Street East, Saint Paul, and identified as Parcel ID No. 05-28-22-34-0028 (the "Property"); and
WHEREAS, said access easement was granted to the City in 1976 by then-owner Housing and Redevelopment Authority of the City of Saint Paul for access to water facilities within the Property, as set forth in the instrument recorded as Document Number 1950481 in the Ramsey County Recorder's Office, attached hereto as Exhibit A; and
WHEREAS, the Saint Paul Board of Water Commissioners ("Water") has determined that the access easement rights over the Property are no longer necessary and may be waived, released and terminated; now, therefore, be it
RESOLVED, that with the Certificate of Intended Non-Use, signed voluntarily on behalf of the City by Water and attached hereto as Exhibit B, the City hereby waives, releases and terminates said access easement rights; and be it further
RESOLVED, that upon passage of this resolution and the City's receipt of a $300.00 administrative processing fee from Owner, the proper city officials are hereby authorized to record a certified copy of this resolution in the office of the Ramsey County Recorder and/or Registrar of Titles, and that the City's Office of Financial Services Real Estate Section shall maintain on file a copy of the signed Certificate of Intended Non- Use referenced in this resolution.