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HomeMy Public PortalAbout1978-046MemberveyjAs CYcr.41 introduced the following resolution and requested its adoption: CITY OF MEDINA RESOLUTION NO. ! k- 7 4 RESOLUTION ACQUIRING LAND FOR PUBLIC PURPOSES WHEREAS, Lots tplock o2 (o ,, Independence Beach, Hennepin County, has become tax forfe_t an,57 the City of Medina's request for a private land sale by the ounty of Hennepin to the City was approved by the County Board at a cost ofo?doa for Lot // and Edog-te-f , plus ,X% for administrative costs for a total. of eoe ; and WHEREAS, 6) Ltiam Fenile/t did on 1 u6/7 /97, offer to purchase said real estate for A040 65!. plus administrative costs of (,a °° ; did agree to assume financial responsibility for any special assessments here- tofore levied; and to pay the City's legal costs; and NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Medina, as follows: (1) There is a public i-urpose in acquiring,44-//tg.ataft-Q1 ,,e,frt/O Independence Beach, Hennepin County; 444.2.E (2) The City of Medina shall acquire said real estate at a cost of 4 ,,V 0 6 0 °Rand the Mayor and City Clerk are hereby authorized to execute all documents necessary to acquire said real estate, subject to the foll- owing conditions: (a)i4.1(a/L'e» renko shall - post a cash escrow with the City Clerk in the amount of e2 p ( 0,00; execute an agreement in a form drafted oy the City Attorney assuming liability for the SI.ecial Assessments hereto- fore levied and to pay the City's legal cost-; (b) The Clerkshall be directed to publish a notice of sale of said lands to (1).1((idrn Fe40/4and the terms thereof, and to request that any person wishing to bid a higher price while meeting all of said terms and conditions, notify the City Clerk in writing within 10 days of the pub- lication of said notice and submit therewith a cash escrow in the amount of a 0 ° together with a signed agreement as set forth in Sub -para- graph (a) hereof; (c) If any person shall so notify the Clerk and submit the said escrow and the said agreements, the said real estate shall be sold to the highest bidder at auction, said bidders being limited to those who have posted said cash escrow and said signed agreements. Dated: , ,,,/ // / 97, ,::0ATTEST•• e,) lerk Mayo The motion for the apptign of the foregoing resolution was duly seconded by member /Oath...en ei64r and upon vote being taken thereof, the follow- ing voted in favor of : /cei6Le. C�ros 6 y ie 4444,�ly�, i 'Ind the following ng voted against the same: no 1(4-, reti onsai , esoluti_on was declared duly passed and adopted. 6-ke."24n L d to (.e ,al- , 74e i S