Title
Approving a request by Ryan Companies US, Inc. to release a utility easement over a portion of its property at 1533 Dayton Avenue.
Body
WHEREAS, a request has been received from Ryan Companies US, Inc. for the release of existing utility easements in vacated Saratoga Street (the "Easement Area"), legally described as:
All that part of vacated Saratoga Street lying between the North right-of-way line of Dayton Avenue and a straight line running from a point on the West line of Saratoga Street distant 76.25 feet North of the North line of Dayton Avenue to a point on the East line of Saratoga Street distant 47.44 feet North of the North line of Dayton Avenue;
and as defined and depicted in Ramsey County Document Numbers 1964245 and 1964246 (Abstract), and City Council File No. 268527, approved February 8, 1977; and
WHEREAS, Northern States Power Company, d/b/a Xcel Energy - Electric and Gas ("Xcel") has determined that its utility easements in the Easement Area may be released; now, therefore be it
RESOLVED, that with the accompanying Certificate of Intended Non-Use, filed voluntarily on behalf of Xcel and on file in the Office of Financial Services Real Estate Section, the City, on behalf of Xcel, waives all rights to its utility easements within the Easement Area; and be it further
RESOLVED, that upon passage of this resolution and the City's receipt of a $300.00 administrative processing fee, the proper City officials are hereby authorized and directed to record a certified copy of said resolution in the office of the Ramsey County Recorder and/or Registrar of Titles, and that the Office of Financial Services Real Estate Section shall maintain on file a copy of the Certificate of Intended Non-Use referenced in this resolution.