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HomeMy WebLinkAbout1017 - ADMIN Ordinance - City Council - 1967/12/180 Original ORDINANCE NO. DECEMBER 18, 1967 1017 AN ORDINANCE AUTHORIZING SALE BY THE CITY OF PROPERTY LOCATED IN AREA OF PRINCETON AVENUE AND OXFORD STREET NORTH OF WEST 36TH STREET TO BELT LINE INDUSTRIAL PARK, INC. THE CITY OF ST. LOUIS PARK DOES ORDAIN: Section 1. It is hereby determined that the following described lands in the City of St. Louis Park, County of Hennepin, Minnesota: That part of Lot 14, Block 2, Westmoreland Park, according to the recorded plat thereof, lying northwesterly of the southwesterly extension of that particular southeasterly line of Lot 1, Block 2, Belt Line Industrial Park 2nd Addition, according to the recorded plat thereof; said particular southeasterly line bears south 29 degrees, 29 minutes and 30 seconds east from the most easterly corner of said Lot 1, therefore according to the plat thereof on file and of record in the office of the Register of Deeds of Hennepin County, title to which is now in the City of St. Louis Park, is no longer needed for the public purposes for which it was acquired and it is in the best interests of the City that same be sold. Section 2. It is hereby determined that the reasonable fair market value of said property is $450. 00. Section 3. The Mayor and City Manager are hereby authorized in behalf of the City to execute a Quit Claim deed for the sale and conveyance of said premises to Belt Line Industrial Park, Inc. for the sum of Four Hundred Fifty Dollars ($450. 00) to be delivered upon receipt of said purchase price in full. Section 4. The proceeds above mentioned shall be placed in the General Obligation Bond Fund (401). Section 5. This Ordinance shall take effect fifteen days after its publication. Adopted by the Council J- nuary 8, -•6 At est: City Clerk Reviewed ration: City Manager May •r Approv/ed-a-s•-t-o-form--and-legality: City Attorney f•; i_ i ORDINANCE NO. 1017• Entitled: AN ORDINANCE AUTHORIZING SALE BY THE CITY OF• PROPERTY LOCATED IN AREA'OF PRINCETON AVENUE AND OXFORD STREET NORTH OF WEST 36TH STRI T TO BELT LINE ;INDUSTRIAL PARK,, INC. Introducdd by Date First leading -Date- -.-12.18-6Waiveci -- S: co'.d Reading -Date 1-8-68 Waived Vot-: A5.0 6 "'Y D:.zc 1-11-68 Effective Date 1-26-68• CNIe Reference - C._ '.s •