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#783 06-16-75 Authorize Purchase Trach Properties Auditors Subdivion No. 360Resolution No. 783 June 16, 1975 Member Bix introduced the following resolution and MOVED its adoption: RESOLUTION (Authorizing acquisition of certain real property by purchase — Trach Properties, Inc., Auditors Subdivision No. 360) WHEREAS, it appears that it is necessary and desirable to acquire the real estate hereinafter described for necessary public purposes, to wit as and for an addition to the Civic Center Complex, and, WHEREAS, the acquisition of said real estate through direct purchase appears to be desirable and reasonable, NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden Valley that the certain parcel of real estate described below be acquired by purchase and that the Mayor, the City Clerk, the City Manager and City Attorney are all hereby authorized and directed to take all necessary steps and to execute the necessary documents in connection with the acquisition of said real estate described as follows: to—wit, Auditors Subdivision No. 360, Hennepin County, Minnesota. BE IT FURTHER RESOLVED, that acting for and on behalf of the City, the various city officials referred to above, are hereby authorized to pay for such property a total cash sum of $81,370.00, the seller to pay the balance of all unpaid special assessments presently levied against the property in the approxi— mate amount of $5,000, and the seller to also pay the balance of all general taxes presently owing with respect to the above—described property for the year 1975, and the seller to also furnish to the city a clear and marketable title to the aforesaid property; BE IT FURTHER RESOLVED, that the City Council for the City of Golden Valley hereby authorizes the transfer of the cash consideration recited above, namely the sum of $81,370.00 from the 1975 Land Contingency Budget to the 1975 Council Budget, for the purpose of making payment for said real property as described above; BE IT FURTHER RESOLVED, that the acquisition of the above—described land is necessary and desirable and that the purposes aforesaid for which said lands are to be acquired are a proper and necessary public purpose.. Mayor Attest: 0 / t Acting Ci y Clerk The motion for the adoption of the foregoing resolution was seconded by Member Anderson, and upon vote being taken thereon, the following voted in favor thereof: Anderson, Bix, Hoover, Riggs and Thorsen; and the following voted against the same: None, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and his signature attested by the Clerk.