HomeMy WebLinkAbout6007 - ADMIN Resolution - City Council - 1978/05/01May 1, 1978
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RESOLUTION NO. 6007
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 Kraus -Anderson for the
purchase of the fee title to the land hereinafter described, for public
uses, and
WHEREAS, Kraus -A erson, pursuant to such negotiations, has
indicated their desire t sell said property to the City by Warranty
Deed for the sum of $386,00 now therefore
BE IT RESOLVED by the City Co cil of St. Louis Park that the
City of St. Louis Park purchase from raus-Anderson the following
described property in Hennepin County, Minnesota, to -wit:
Lot 3, Block 1, Park Place
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 $386,000 from the
Special Assessment Fund - Construction Account to said Kraus -Anderson
as the purchase price of said property upon the delivery to them 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 Counci<L May 1, 1978.
Mayer
Attest:
Reviewed for administration: Approved as to form and legality:
// I.
Py M.nagerl
City Attorney