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HomeMy WebLinkAbout02-055 - ADMIN Resolution - City Council - 2002/05/20RESOLUTION NO. 02-055 RESOLUTION ACCEPTING THE TRANSFER OF REAL PROPERTY LOCATED IN OAK PARK VILLAGE WHEREAS, Minn. Stat. § 465.03 requires a City to accept a transfer of real property by resolution adopted by a two-thirds majonty vote of its members: WHEREAS, The St. Louis Park Economic Development Authonty ("Owner) proposes to transfer to the City real property located in Oak Park Village, Hennepin County, Minnesota, legally described on the attached Exhibit "A" ("Subject Property") without any restnctions upon its use: WHEREAS, the City desires to accept Owner's transfer of the Subject Property without restnctions upon the City's use of the Subject Property. NOW, THEREFORE, be it resolved by the City Council of the City of St. Louis Park, Minnesota: That the City Council for the City of St. Louis Park hereby accepts Owner's transfer of the Subject Property, without any restnctions upon its use The total monetary consideration to be given to the Owner for the transfer is $1.00. ADOPTED this 20th day of May, 2002, by the City Council of the City of St. Louis Park. Reviewed for Administration: Attest: Ci Clerk Ad pte by the City Council May 20, 2002 Ma EXHIBIT "A" • Resolution No. 02-055 Legal Description of Subject Property: Park 1, Oak Park Village; Park 2, Oak Park Village; Lot 1, Block 2, Oak Park Village; Lot 1, Block 5, Oak Park Village; and Lot 1, Block, Oak Park Village, Hennepin County, Minnesota