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05-005• CITY OF SHOREWOOD RESOLUTION NO.05-005 A RESOLUTION APPROVING SUBDIVISION AND COMBINATION OF REAL PROPERTY WHEREAS, the City of Shorewood (the "City") is the registered owner of certain real property ("City Property") located in the City of Shorewood, by virtue of a use deed from the State of Minnesota, of the following described property, subject to a use restriction for street and right of reverter in favor of the State of Minnesota, Doc. No. 1829497 (the "Reverter"): Lot 21, Block 1, "Enchanted Park" Lake Minnetonka, Minn., lying Westerly of a line drawn from a point on the Northeasterly line of said Lot 21 midway between the most Northerly and the most Easterly corners of said lot to a point on the Southwesterly line of said Lot 21 midway between the most Westerly and the most Southerly corners of said lot and lying Northerly of a line drawn from a point on the Northwesterly line of said Lot 21 midway between the most Northerly and the most Westerly corners of said lot to a point on the Southeasterly line of said Lot 21 midway between the most Easterly and the most Southerly corners of said lot.; and • WHEREAS, Francis J. Zucco and Mary Anne Grams, as trustees for the benefit of Francis J. Zucco and for the uses and purposes set forth in the Will of Alice Drake Zucco, also known as Alice D. Zucco, deceased (collectively, the "Trustees"), are the Hennepin County Probate Court -decreed distributees of certain real property ("Zucco Property") located in the City of Shorewood, legally described as: • Lots 15 and 16, Block 1, "ENCHANTED PARK" LAKE MINNETONKA and Lot 20 and the Easterly Half of Lot 21, and the Southerly Half of the Westerly Half of said Lot 21, all in Block 1, "ENCHANTED PARK" LAKE MINNETONKA, Hennepin County, Minnesota, according to the recorded plat thereof.; and WHEREAS, the City has constructed a road which encroaches on a pol Lion of the Zucco Property and the City Property abuts a portion of the Zucco Property; and WHEREAS, the City and Trustees have agreed to exchange an equal amount of land to enable the City to relocate and improve the configuration of the City road and to eliminate the encroachment of the City road onto the Zucco Property; and WHEREAS, to facilitate the exchange, the City and Trustees have agreed to subdivide and combine their respective properties into separate parcels, hereinafter described; and -1- • WHEREAS, prior to, and in order to effect the Exchange, the City of Shorewood proposes to convey the City Property to the State of Minnesota to extinguish the Reverter and proceed to acquire fee simple title to the City Property from the State of Minnesota, the reasonable value and consideration for which acquisition shall be established and determined by the Hennepin County Assessor; and WHEREAS, the subdivision and combination proposed by the City and the Trustees complies in all respects with the Shorewood Zoning Code. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood as follows: 1. The City shall reconvey the City Property to the State of Minnesota using the form and legal description prescribed by the State of Minnesota Department of Revenue for reconveyances of property. The City will take the steps necessary to acquire fee title from the State of Minnesota to the City Property, using the legal description on the Certificate of Title as follows: Lot 21, Block 1, "Enchanted Park" Lake Minnetonka, Minn., lying Westerly of a line drawn from a point on the Northeasterly line of said • Lot 21 midway between the most Northerly and the most Easterly corners of said lot to a point on the Southwesterly line of said Lot 21 midway between the most Westerly and the most Southerly corners of said lot and lying Northerly of a line drawn from a point on the Northwesterly line of said Lot 21 midway between the most Northerly and the most Westerly corners of said lot to a point on the Southeasterly line of said Lot 21 midway between the most Easterly and the most Southerly corners of said lot. 2. The proposed subdivision and combination is subject to the Trustees deeding Parcels 1, 2, and 3, legally described in Exhibit A, attached hereto for public right-of-way and utility purposes. 3. In consideration of the Trustees' conveyance of Parcels 1, 2, and 3 to the City, the City agrees to convey the following described parcel (Parcel 4) to the Trustees or their successors or assigns: That part of the following described parcel: Lot 21, Block 1, "Enchanted Park" Lake Minnetonka, Minn., lying Westerly of a line drawn from a point on the Northeasterly line of said Lot 21 midway between the most Northerly and the most Easterly • corners of said lot to a point on the Southwesterly line of said Lot 21 midway between the most Westerly and the most Southerly corners of -2- • said lot and lying Northerly of a line drawn from a point on the Northwesterly line of said Lot 21 midway between the most Northerly and the most Westerly corners of said lot to a point on the Southeasterly line of said Lot 21 midway between the most Easterly and the most Southerly corners of said lot. Which lies easterly and southerly of the following described line: Commencing at the Southwest corner of said North Half of the West Half; thence on an assumed bearing of South 48 degrees 06 minutes 12 seconds East along the South line of said North Half of the West Half a distance of 14.00 feet to the point of beginning of the line being described; thence North 11 degrees 48 minutes 00 seconds East a distance of 25.92 feet; thence along a tangential curve concave to the east having a radius of 73.00 feet and central angle of 33 degrees 35 minutes and 00 seconds a distance of 42.79 feet to a point of compound curvature; thence along a tangential curve concave to the southeast having a radius of 35.00 feet to its intersection with the east line of said North half of the West Half, and said line there ending. 4. The City Clerk will furnish the Trustees with a certified copy of this resolution for recording purposes. • 5. The Trustees will record this resolution together with the deeds referenced in 2.and 3. above with the Hennepin County Recorder or Register of Titles within Sixty (60) days of the date of the certification of this resolution. 6. Shorewood City Council Resolution 04-104 is hereby rescinded. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 24th day of January, 2005. — a4�-- ATTEST: Woody Love, Mayor -3- • EXHIBIT A Parcel 1 to be transferred from Trustees (Zucco) to the City of Shorewood That part of the Easterly Half of Lot 21, Block 1, "ENCHANTED PARK" LAKE MINNETONKA, which lies northerly of the following described line: Commencing at the Southwest corner of the North half of the West Half of said Lot 21; thence on an assumed bearing of South 48 degrees 06 minutes 12 seconds East along the South line of said North half of the West Half a distance of 14.00 feet to the point of beginning of the line being described; thence North 11 degrees 48 minutes 00 seconds East a distance of 25.92 feet; thence along a tangential curve concave to the east having a radius of 73.00 feet and central angle of 33 degrees 35 minutes 00 seconds a distance of 42.79 feet to a point of compound curvature; thence along a tangential curve concave to the southeast having a radius of 35.00 feet to its intersection with the west line of said East Half; thence easterly to a point on the North line of said East Half of Lot 21 distant 34.13 feet easterly, as measured along said North line, from the most northerly corner of said East Half, and said line there ending. Parcel 2 to be transferred by the Trustees (Zucco) to the City of Shorewood The Northerly 21.30 feet of Lot 16, Block 1, "ENCHANTED PARK" LAKE • MINNETONKA Parcel 3 to be transferred by the Trustees (Zucco) to the City of Shorewood That part of Lot 20, said Block 1, which lies easterly of a line drawn from the point of intersection of the South line of the North 21.30 feet of said Lot 16 with the East line of said Lot 20, to a point on the North line of said Lot 20 distant 25.58 feet Westerly, as measured along said North line, from the Northeast corner of said Lot 20. Parcel 4 to be transferred from the City of Shorewood to the Trustees (Zucco) That part of the North Half of the West Half of Lot 21, Block 1, 'ENCHANTED PARK" LAKE MINNETONKA, which lies easterly of the following described line: Commencing at the Southwest corner of said North Half of the West Half. thence on an assumed bearing of South 48 degrees 06 minutes 12 seconds East along the South line of said North Half of the West Half a distance of 14.00 feet to the point of beginning of the line being described; thence North 11 degrees 48 minutes 00 seconds East a distance of 25.92 feet; thence along a tangential curve concave to the east having a radius of 73.00 feet and central angle of 33 degrees 35 minutes and 00 seconds a distance of 42.79 feet to a point of compound curvature; thence • along a tangential curve concave to the southeast having a radius of 35.00 feet to its intersection with the east line of said North half of the West Half, and said line there ending. M