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HomeMy WebLinkAbout88-88 - ADMIN Resolution - City Council - 1988/07/18RESOLUTION NO. 88-88 RESOLUTION AUTHORIZING PURCHASE OF TWO LOTS AT 3138 AND 3142 QUEBEC AVENUE FOR DRAINAGE PURPOSES WHEREAS, the City Council of St. Louis Park has authorized and directed the Acting City Manager tc negotiate with Stobbe Development, Inc. for the purchase of fee title to the land here in after described for public use and for drain<<ge purposes, WHEREAS, pursuant to such negotiations, Stobbe Development, Inc. desires to sell said property to the City by general Warranty Deed for the sum of $30,000 now therefore, BE IT RESOLVED by the City Council of St. Louis Park that the City of St. Louis Park purchased the following described property in Hennepin County, Minnesota, to -wit from Stobbe Development, Inc.: Lot 9, Block 2 Eide's and Marten's 2nd Addition Lot 10, Block 2 Eide's and Marten's 2nd Addition and the Mayor and Acting City Manager are hereby authorized to execute any and all instruments necessary to complete the purchase of said properties, and the Acting City Manager is hereby authorized and directed to accept delivery of the deeds and pay the sum of $30,000 from the Sewer Utility Fund to said Stobbe Development, Inc. upon delivery by the seller of a General 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 July 18, 1988 Attest: Reviewed for ad inist ation: 1110116, £c ing i y 'anager a/ 44,4, Approved ; to form and execution: n ey