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RES 26-23City of Elks River City of Elk River City Council Resolution 26-23 A Resolution of the City Council of the City of Elk River Amending a Real Estate Purchase Agreement between the City of Elk River and Coborn Realty Company, LP WHEREAS, the City entered into a land purchase agreement with Coborn's, Inc. on October 22, 2025, to purchase real property, with closing to occur by March 6, 2026. WHEREAS, the City and Coborn Realty Company previously contemplated an extension of closing to April S, 2026. WHEREAS, the City and Coborn Realty Company desire to extend the date of closing to May 1, 2026. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, Minnesota, as follows: This Amendment to the Purchase Agreement is hereby approved. Passed and adopted this 6th day of April 2026. n J. ietz, or ATTEST: Jolene Richter, Deputy Clerk