Item Coversheet

9.B.3.


Shakopee City Council
September 1, 2020


FROM:Michael Kerski, Director, Planning & Development
TO:Mayor and Council Members
Subject:
A small parcel of land for the Riverfront Bluff development was left in the city's name and needs to be transferred to the EDA
Policy/Action Requested:
Approve Resolution No. R2020-105 transferring a parcel of land from the City of Shakopee to the Shakopee Economic Development Authority.
Recommendation:
Approve Resolution No. R2020-105
Discussion:
As part of the title commitment for the Riverfront Bluff Redevelopment parcel sale, the title company's attorney found a parcel that had not been transferred into the EDA.  This Resolution cleans up that title issue by having the city quit claim the parcel to the EDA.  As part of the redevelopment plan, new roadway easements and sidewalk easements will be dedicated once the developer completes the public improvement plans for the surrounding streets.
Budget Impact:
ATTACHMENTS:
Description
Resolution
Quit Claim Deed