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C".fty <br />Resolution 21-47 <br />A Resolution Approving a Conveyance of Certain Property to First <br />Step Preschool & Childcare LLC <br />WHEREAS, the City of Elk River ("City") desires to convey the certain property located in the <br />City at 413 Proctor Avenue NW to First Step Preschool & Childcare LLC ("First Step") pursuant to <br />the terms and legal descriptions provided in the Commercial Purchase Agreement ("Purchase <br />Agreement") attached hereto as Exhibit A , together with the attached amendments to the ( <br />collectively the Purchase Agreement and attached amendments are referred to herein as the <br />"Agreement"); <br />WHEREAS, the Planning Commission has reviewed the proposed conveyance and has <br />determined that it is consistent with the City's comprehensive plan; <br />WHEREAS, the City finds that the conveyance to "First Step" as provided in the Agreement is in <br />the public's interest and furthers the aims and purposes of the City; <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River, <br />Minnesota, as follows: The Agreement is hereby approved and the Mayor and City Clerk are hereby <br />authorized to execute and deliver all necessary documents required under the terms of the <br />Agreement. <br />Passed and adopted this 21" day of June, 2021. <br />John J. Dietz, Mayor <br />ATTEST: <br />Tina Allard, City Clerk <br />215796v1 <br />