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#811 09-02-75 Purchase Section 19, Township 29, Range 24Resolution No. 811 September 2, 1975 BE IT FURTHER RESOLVED, that the acquisition of the above described land is necessary and desirable and that the purposes afor�s aid for which said lands are to be acquired are a proper and necessary p lic purpose. Mayor Attest: The motion for the adoption of the foregoing resolution was seconded by Member Thorsen, and upon the vote being taken thereon the following voted in favor thereof: Anderson, Bix, Hoover and Thorsen; and the following voted against the same: None, Member Swartz abstained, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and his signature attested by the Clerk. 1 105 104 Resolution No. 811 September 2, 1975 Member Anderson introduced the following resolution and MOVED its adoption: RESOLUTION (Authorizing acquisition by purchase — part of the southeast 1/4 of the northwest 1/4, section 19, township 29, range 24) 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 a drainage and ponding area and for utility purposes, 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 the 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: The easterly 400 feet of the westerly 34 2/7 rods of the southerly 70 rods of the southeast 1/4 of the northwest 1/4 of Section 19, Township 29, Range 24, Hennepin County, Minnesota, except the southerly 455 feet thereof and except for existing railroad right—of—way and existing roads. 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 consideration of $35,000, the seller to pay the balance of all taxes due and payable during the year 1975, and the City in the first instance to pay the costs of a survey for the premises to be con— veyed to the City as authorized by this resolution authorizing purchase (as well as a survey of the residue of the property to be retained by the seller which residue southerly parcel shall be required by the terms of the purchase agreement to bear the present special assessment against said premises for lateral sewer 57 — 3 serving said southerly residue balance), following the completion of which survey the seller shall participate in the cost thereof up to a maximum of $300.00, the seller and the City to enter into an appro— priate purchase agreement calling for an earnest money payment of $3,500.00 and the balance in cash due at closing within 90 days of the date of the purchase agreement at which closing seller will 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 $35,000.00, and the additional sum of $600.00 for survey and miscellaneous closing costs, from the 1975 Land Contingency Budget to the 1975 Council Budget, for the purpose of making payment for said real property and other costs as described above;