HomeMy WebLinkAbout5470 - ADMIN Resolution - City Council - 1976/01/19t
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JANUARY 19, 1976
RESOLUTION NO. 5470
RESOLUTION AUTHORIZING PURCHASE OF
PROPERTY FOR STREET RIGHT-OF-WAY
WHEREAS, the City Council of St. Louis Park has authorized and directed the
City Manager to negotiate with Mill City Plywood for the purchase of the fee
title to the land hereinafter described for public uses, and
WHEREAS, Mill City Plywood pursuant to such negotiations, has indicated
their desire to sell ._id prupc,rcy to the City by Warranty Deed for the sum of
$140,000, now therefore
BE IT RESOLVED by the City Council of St. Louis Park that the City of
St. Louis Park purchase from Mill City Plywood the properties in Hennepin County,
Minnesota, as shown on Exhibit A attached, and that the Mayor and City Manager
are hereby authorized to execute any and all instruments necessary to complete
the purchase of said property and the City Manager is hereby authorized and
directed to accept delivery of the deed and to pay the sum of $140,000 from the
General Fund to the said Mill City Plywood as the purchase price of said
property upon the delivery to him of a Warranty Deed to said property accompanied
by an Abstract of Title or Owner's Certificate of Title showing good and market-
able title of record to said property, together with an opinion of the Law
Department of the City of St. Louis Park approving the execution of the deed and
the sellers' abstract or certificate.
Adopted by the City Council January 19, 1976.
Mayor
Attest:
City Clerk
Reviewed for administration: Approved as to form and legality:
City Manager City Attorney