RES 22-23u
Resolution 22-23
A Resolution Approving a Corrective Deed
WHEREAS, the City of Elk River ("City") approved a Purchase Agreement for the conveyance of
the property located at 413 Proctor Avenue NW, Elk River, Minnesota ("Property") to Egan
Properties, LLC ("Egan") by Resolution No. 21-47 ("Purchase Agreement");
WHEREAS, the closing on the Purchase Agreement occurred on August 25, 2021, but the deed
conveyed at closing failed to include all parcels recognized as part of 413 Proctor Avenue, NW
which provide the parking areas for the Property;
WHEREAS, a corrective deed is necessary to include the additional parcels, as provided in Exhibit
A attached hereto ("Corrective Deed");
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River,
Minnesota, as follows: The Mayor, City Administrator, and City Clerk are hereby authorized to
execute and deliver the Corrective Deed and all necessary documents and closing costs necessary to
record the Corrective Deed.
Passed and adopted this 2nd day of May, 2022.
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Tina Allard, City Clerk
221573v]
EXHIBIT A
Corrective Deed
221573v1