HomeMy WebLinkAbout86-32 - ADMIN Resolution - City Council - 1986/03/03February 18, 1986
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RESOLUTION NO. 86-32
RESOLUTION AUTHORIZING PURCHASE OF
RIGHT OF WAY FOR OTTAWA AVENUE EXTENSION
FROM THE PROPERTY AT 3440 BELTLINE BOULEVARD
WHEREAS, The City Council of St. Louis Park has authorized and
directed the City Manager to negotiate with the owners of the above property
to purchase the necessary right of way for the construction of said project.
WHEREAS, Pursuant to such negotiations the owner has agreed to sell
their property by warranty deed to the City of St. Louis Park.
NOW THEREFORE, BE IT RESOLVED by the City Council that the City of
St. Louis Park purchase the following described property from Beltline
Industrial Park, Inc., in the amount of $110,000.00 plus interest of $8,846.67
for a total of $118,846.67.
That part of Lot 1, Block 1, Beltline Industrial Park 2nd Addition according
to the recorded plat thereof, Hennepin County, Minnesota lying Easterly of a
line 34.00 feet Westerly of the following described line:
Commencing at the most Southerly corner of said Lot 1; thence South
59 degrees 15 minutes 24 seconds East on an assumed bearing along the
Southeasterly extension of the Southwesterly line of said Lot 1 a
distance of 40.00 feet to the point of beginning of said line; thence
North 30 degrees 44 minutes 36 seconds East 112.38 feet; thence Northerly
768.57 feet along a tangential curve concave to the West having a radius
of 785.30 feet and a central angle of 56 degrees 04 minutes 30 seconds,
and said line there terminating.
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 deeds
and to pay the sum of $118,846.67 from the Special Assessment Construction
Fund (25-4470-968-70) to Beltline Industrial Park, Inc., as the purchase
price of said property upon the delivery to them of a Warranty Deed to said
property, and an Owner's Certificate of Title showing good and marketable
title of record to said property, and all other appropriate documentation
required by City Attorney, together with an opinion of the Law Department of
The City of St. Louis Park approving the execution and form of said documents.
Adopted by the City Council March 3, 1986
Reviewed f
/,.ager
administration:
Approved as to form and legality:
City Attorney
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