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HomeMy WebLinkAboutResolution No. 348-17 - FiveStarProperties.UtilityConnectionAgree.PIN63.05.41.035555 RESOLUTION BE IT RESOLVED by the Common Council of the City of Rochester that the City enter into a Utility Connection Agreement with Five Star Properties of Southeastern Minnesota, LLC, the owner of real property generally described as part of the Northeast Quarter of the Southeast Quarter, Olmsted County, Minnesota - PIN 63.05.41.035555, and direct the City Clerk to certify with the Olmsted County Auditor the collection of the unpaid charges contained therein as of July 31, 2017, with collection of property taxes over a period of 10 years at 4% interest, with the first payment being due with the property taxes payable in 2018. The Mayor and the City Clerk are authorized and directed to execute this agreement on behalf of the City. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2017. ___________________________________ PRESIDENT OF SAID COMMON COUNCIL ATTEST: __________________________ CITY CLERK APPROVED THIS _____ DAY OF ______________________, 2017. __________________________________ MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota) Res15\\PW\\UtilConnAgr\\26