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13-005 - 01-15 - vacating portion of platted easements - fahrendorff addition and olin woods addition Resolution 13-5 January 15, 2013 Member Pentel introduced the fallowing resolution and maved its adoption: RES(JLUTION VACATING A PORTION OF CERTAIN PLATTED EASEMENTS IN THE PLATS OF FAHRENDORFF ADDITION AND OLIN ADDITION WHEREAS, the City Council of the City of Golden Valley, pursuant to due notice, has heretofore conducted a public hearing on the vacation of a portion of certain platted easements in the plats of Fahrendorff Addition and Olin Addition, legally described as follows: Lot 1, Block 1, Fahrendorff Addition and Lot 1, Block 1, Olin Addition (the "Subject Propertyā€˛) WHEREAS, all persons present were given the opportunity to be heard; and WHEREAS, the Subject Property is proposed to be subdivided as shown in the proposed plat of Olin Woods Addition; and WHEREAS, the proposed plat of Olin Woods Addition includes the dedicatian of right-of-way and easements as required by City Code; and WHEREAS, the City has evaluated its interest and use of the property and has determined that the right-of-way and easements dedicated in the praposed plat of Olin Woods Addition are sufficient to replace the easements vacated herein; and WHEREAS, the Council has determined that the vacation will benefit the public interest because the vacation is predicted to foster economic grawth in the Gity of Golden Valley and, on a greater scale, the State of Minnesota benefits by the projected measurable increase in tax revenue and general prosperity. NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden Valley that said platted easements located in the property legally described below be vacated: Lot 1, Block 1, Fahrendorff Addition, Hennepin County, Minnesota; Lot 1, Block 1, Olin Addition, Hennepin County, Minnesota Shepar M. Harris, M yor ATTEST: Susan M. Virnig, City Clerk Resolution 13-5 - Continued January 15, 2013 The motion for the adoption of the foregoing resolution was seconded by Member Schmidgall upon a vote being taken thereon, the fallowing voted in favor thereof: Clausen, Harris, Pentel and Schmidgall; and the following was absent: Scanlon, and the following voted against the same: none, whereupon said resolutian was declared duly passed and adopted, signed by the Mayor and his signature attested by the City Clerk.