Loading...
HomeMy WebLinkAbout6026 - ADMIN Resolution - City Council - 1978/05/31• MAY 31, 1973 3 RESOLUTION NO. 6026 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 the Park National Bank for the purchase of the fee title to the land hereinafter described for public use; and WHEREAS, Park National Bank pursuant to such negotiations has indicated its desire to sell said property to the City by Warranty Deed for the sum of $212,000; therefore, BE IT RESOLVED by the City Council of St. Louis Park that the City of St. . Louis Park purchase from Park National Bank the following described property in Hennepin County, Minnesota, to -wit: Tract 1 The west 190 feet of that part of the northwest quarter of the southwest quarter lying east of the West 40 feet and north of a line bearing north 88 degrees 29 feet 58 seconds east from a point to the west line of the northwest quarter of the south- west quarter distant 268.05 feet south of the northwest corner of said northwest quarter of the southwest quarter, Section 30, Township 29, Range 24. For purposes of this description, the west line of said northwest quarter of the southwest quarter is assumed to bear due north and south. Tract 2 That part of the northwest quarter of the southwest quarter lying west of the east 20.87 acres thereof, except the west 40 feet of said tract, in Section 30, Township 29, Range 24, 1 1 hereinafter called "the above-described property," lying north of the following described line: commencing at the south- east corner of the above-described property; thence north along the east line of the above-described property 705.21 feet to the point of beginning of the line to be described; thence at a right angle west to the west line of the above-described property and there terminating, except the south 76.46 feet thereof, and except that part of the west 190 feet of the above- described property lying north of a line bearing north 88 degrees 29 minutes 58 seconds east from a point in the west line of said northwest quarter of the southwest quarter, distant 268.05 feet south of the northwest corner of said northwest Quarter of the southwest quarter. For the purpose of this description, the west line of said northwest quarter of the southwest quarter is assumed to bear due north and south, which lies northerly and westerly of Line A, described below: Line A Beginning at a point on the west line of the southwest quarter of Section 30, Township 29, Range 24, Hennepin County, Minnesota, distant 457.03 feet south from the west quarter corner of said Section 30; thence easterly 50.00 feet at right angles to said west line; thence northeasterly 182.21 feet on a tangential curve con- cave to the northwest, radius 116.00 feet, through a central angle of 90 degrees 00 minutes 00 seconds; thence northerly 164.90 feet tangent to said curve; thence northeasterly 129.88 feet on a tangential curve, concave to the southeast, radius 64.00 feet, through a central angle of 88 degrees 35 minutes 33 seconds; thence northerly,normal to last said curve, to the north line of the south- west quarter of said Section 30, and there terminating. Together with that part of Tract 2 which lies northwesterly of the following described line: Commencing at a point on Line A distant 40.00 feet east from the point of beginning of Line A; thence southerly 25.00 feet, at right angles to Line A, to the beginning of the line herein described; thence northeasterly to a point on Line A distant 65.00 feet east from the point of beginning of Line A, and there terminating. Together with a temporary construction easement over that part of Tracts 1 and 2 contained within a 10 -foot -wide strip; the northerly and westerly line of said strip is coincident with Line A. -2- ;i • 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 $ 212,000.00 from the Special Assessment Fund to the said Park National Bank 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. BE IT FURTHER RESOLVED that the seller agrees to pay the taxes and special assessments due in 1978 for the above-described property. Adopted by the City CouncilMay 31, 1978. Attest: III -(:;14‘..."4—...., ity Clerk iewedlfor admi /Am\ _An 1 4. ,`!!:er &tion: Ma or Approved as o form and legality: City Attor -3-