HomeMy WebLinkAbout5496 - ADMIN Resolution - City Council - 1976/04/05April 5, 1976 '
RESOLUTION NO.
5496
RESOLUTION AUTHORIZING PURCHASE OF
PROPERTY FOR PARK PURPOSES
WHEREAS, the City Council of St. Louis Park has authorized and directed
the City Manager to negotiate with the Jason Oxford Investment Company for
the purchase of the fee title to the land hereinafter described for public
use, and
WHEREAS, the Jason Oxford Investment Company pursuant to such negotiations,
have indicated their desire to sell said property to the City by Warranty Deed
for the sum of $10,000, now therefore
BE IT RESOLVED by the City Council of St. Louis Park that the City of
St. Louis Park purchase from Jason Oxford Investment Company, Minnesota,
to -wit:
Exhibit A
and 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 $10,000 from either the Special Assessment Construction
Fund or Park Improvement Fund to the said Jason Oxford Investment Company 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 marketable 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,seller's abstract or certificate.
Adopted by the City Council April 5, 1976.
Mayor
Attest:
City Clerk
Reviewed for administration: Approved as to form and legality:
City Manager City Attorney