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22-037 A Memo of Understanding with Property Owner of 26115 Smithtown LaneCITY OF SHOREWOOD COUNTY OF HENNEPIN STATE OF MINNESOTA RESOLUTION 22-037 A RESOLUTION A MEMO OF UNDERSTANDING WITH PROPERTY OWNER OF 26115 SMITHTOWN LANE WHEREAS, the city could generate revenue by developing a Stream Bank for the segment of stream that traverses through Smithtown Ponds and Freeman Park; and WHEREAS, a portion of the existing stream channel is close to the property line of 26115 Smithtown Lane, within 10 feet of undermining the garage, and the city will need a temporary easement from the property owner relocate this stream segment; and WHEREAS, the city is looking to begin the scoping process of the project with the Army Corps of Engineers to better understand the effort and potential amount of credit generation for the project and would like flexibility in the scoping options to help maximize the potential revenue for the city; and NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD, MINNESOTA AS FOLLOWS: The City of Shorewood approves the Memo of Understanding with the property owner of 26115 Smithtown Lane that will allow for flexibility in scoping efforts to help maximize the potential review for the city. Passed by the City Council of Shorewood, Minnesota this 11th day of April 2022. Je fifer fabadie, Mayor st: �- Sandie Thone, City Clerk