HomeMy WebLinkAbout5434 - ADMIN Resolution - City Council - 1975/12/01RESOLUTION N0. 5434
RESOLUTION AUTHORIZING PURCHASE OF LAND
FOR PERMANENT EASEMENT WEST 36TH STREET
IMPROVEMENT
WHEREAS, the City Council of St. Louis Park has authorized and directed the
City Manager to negotiate with the Percy Wilson Mortgage and Finance Corporation for the
purchase of a permanent easement as hereinafter described, for public uses, and
WHEREAS, Percy Wilson Mortgage and Finance Corporation, pursuant to such negotiation,
has indicated its willingness to sell said lands to the City as a permanent easement sub-
ject to the terms and conditions of the attached agreement proposed to be entered into
between the City of St. Louis Park and Percy Wilson, now therefore
BE IT RESOLVED by the City Council of St. Louis Park that the City of St. Louis Park
purchase from the Percy Wilson Mortgage and Finance Corporation the following described
lands in Hennepin County, Minnesota, to wit:
The northerly 30 feet of that part of Lot 1, Block 1, Park Center,
Hennepin County, Minnesota, lying easterly of the westerly 700
feet and westerly of a line described as follows:
•
Commencing at a point in the south line of said Lot 1 a distance
of 235.86 feet easterly of, measured along said south line, the
southwest corner of said Lot 1; thence north 0° 51' 10" east a
distance of 125.00 feet; thence north 55° 10' 15" east to the
northerly line of said Lot 1 and then terminating.
The southerly 20 feet of the northerly 50 feet of the westerly
505 feet of Lot 1, Block 1, Park Center, Hennepin County,
Minnesota.
BE IT FURTHER RESOLVED by the City Council of St. Louis Park that the attached
agreement is approved by the City of St. Louis Park and the City enter into the same in
accordance with its terms and that the Mayor and City Manager are hereby authorized to
execute said agreement and the City Manager is hereby authorized and directed to accept
delivery of the easement and to pay a sum not exceeding $8,000 from the General Fund to
the said Percy Wilson Mortgage and Finance Company as the purchase price of said lands
upon the delivery to him of a permanent easement to said lands.
Adopted by the City Council December 1, 1975.
Mayor
Attest:
City Clerk
,City
for administration: Approved as to form and legality:
City Manager City Attorney