BY COUNCILOR STAUBER:
RESOLVED, that the proper city officers are authorized and directed to execute a grant agreement amendment to Contract No. 20024, on file with the city clerk as Public Document No. ________________, between the city and the state of Minnesota department of natural resources, Lake Superior coastal program for land acquisition of Burlington Northern Railroad property on Grassy Point, extending the grant expiration date from December 29, 2006, to June 30, 2007.
STATEMENT OF PURPOSE: The city entered into Agreement No. 20024 via council Resolution 06-0054 with the state of Minnesota, department of natural resources, coastal program. Due to unforeseen delays in completing the land purchase from the Burlington Northern Railroad, Agreement No. 20024 is amended to extend its expiration date to June 30, 2007. This extension will allow adequate time to complete the land purchase transaction.