HomeMy WebLinkAbout91-128 - ADMIN Resolution - City Council - 1991/07/01RESOLUTION NO. 91-128
RESOLUTION AMENDING RESOLUTION
NO. 90-135 AUTHORIZING THE PURCHASE
OF TEMPORARY CONSTRUCTION EASEMENTS AND
VACATED LAND
STATE HIGHWAY AND LOUISIANA AVENUE PROJECT
WHEREAS, the City Council of St. Louis Park by Resolution No. 90-135
authorized the City of St. Louis Park to, among other things purchase the real
property more specifically described in said Resolution (the "Property") and
to obtain temporary construction easements over two parcels of land from
Naegele Outdoor Advertising, Inc. for the cost of $30,700 (the "Purchase
Price") plus $500 in appraisal fees;
WHEREAS, that part of the Purchase Price for the acquisition of the
Property was derived at by multiplying the square footage of the land to be
acquired (4,900 square feet) by 5.00;
WHEREAS, the square footage of the land to be acquired is actually 6,907
square feet; and
WHEREAS, the City Council desires to amend Resolution No. 90-135 to
adjust the Purchase Price to $40,700 based on the actual square footage of the
land.
NOW, THEREFORE, BE IT RESOLVED by the City Council of St. Louis Park
that Resolution No. 90-135 is hereby •amended by deleting reference to the
amount of $30,700 and inserting in its place the amount of $40,700. All other
provisions contained in Resolution No. 90-135 shall remain the same and are in
full force and effect.
Attest:
Reviewed by administration:
City Manager
Adopted by the City Council on
July 1, 1991
gL/N44,,/
Mayo
Approved as to form and execution:
City Attorney