HomeMy WebLinkAbout93-58 - ADMIN Resolution - City Council - 1993/05/17RESOLUTION NO. 93-58
RESOLUTION AUTHORIZING ACQUISITION OF LAND PURCHASE OPTION RIGHTS
AT LOT 3, BLOCK 2 BELTLINE BUSINESS PARK
WHEREAS, the City Council of St. Louis Park has received a report
regarding the feasibility of purchasing Lot 3, Block 2 Beltline Business Park
for the purpose of siting a water tower; and
WHEREAS, the City Council considers it to be in the best interests of
the City to obtain land purchase option rights on said property to accommodate
the siting of said water tower if further examination supports the siting.
NOW, THEREFORE, BE IT RESOLVED by the City Council of St. Louis Park
that the City Manager is hereby authorized to issue payment in the amount of
$13,500 from the Water Utility Fund to Evergreen Land Services, as a
representative of the City, for the purpose of acquisition of land purchase
option rights at Lot 3, Block 2 Beltline Business Park, upon execution of an
agreement between the City and Evergreen Land Services which delineates
Evergreen Land Services responsibilities in the distribution of said funds on
behalf of the City.
Adopted by the City Council May 17, 1993
Attest:
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City Clerk4
Review for administration:
Approved as to form and execution:
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City Attorney