#024 04-19-76 Acquire Lands from Alexander & Sons, Inc.Resolution No. 24 April 19, 1976
Member Anderson introduced the following resolution and MOVED its adoption:
A RESOLUTION AUTHORIZING AND DIRECTING THE MAYOR
AND THE CITY MANAGER TO EXECUTE A PURCHASE AGREEMENT
FOR THE ACQUISITION BY THE CITY OF GOLDEN VALLEY
OF CERTAIN LANDS FROM ALEXANDER & SONS, INC.
WHEREAS, the City of Golden Valley finds it necessary and
desirable to acquire certain lands for ponding purposes in the
area of Western and Jersey Avenues within the City, and
WHEREAS, the City Manager and his staff have been reviewing
various alternative sites for the location of such ponding areas, and
WHEREAS, in connection with such study the City has caused to have
made various appraisals of lands under consideration and
WHEREAS, it has been determined that the best and most usable
site in the City's best interest is a parcel of land which is legallj
described as follows, to -wit:
Outlot 1, Ring's Colonial Addition according to the recorded
plat thereof on file and of record
ALSO that part of the following descirbed tract:
That part of the Northeast Quarter of the Northwest Quarter
of Section 5, Township 117, Range 21, described as follows:
Commencing at a point on the East line of said Northeast Quarter
of the Northwest Quarter, distant 778.58 feet South of the
Northeast corner thereof; thence West parallel with the North
line of said Northeast Quarter of the Northwest Quarter to
its intersection with a line drawn parallel with and distant
542.25 feet East of the West line of said Northeast Quarter of the
Northwest Quarter as measured along a line parallel with the
North line of said Northeast Quarter of the Northwest Quarter;
thence South parallel with the West line of said Northeast Quarter
of the Northwest Quarter to the South line of said Northeast
Quarter of the Northwest Quarter; thence East along the said
South line thereof to the East line of said Northeast Quarter
of the Northwest Quarter; thence North along the said East line
thereof to the point of beginning. Except the South 50 feet
thereof. Which lies southerly of a line parallel with and
distant 386.61 feet north of the south line of said Northeast
Quarter of the Northwest Quarter of Section 5. (which said
tract is known as Parcel 4581).
WHEREAS, the City Manager and staff have been negotiating with the
owner of said property for its purchase by the City, and
WHEREAS, as the result of such negotiations the owner has presented
to the City of Golden Valley an offer in the form of a purchase agreement
calling for the purchase -by the City-
Resolution No. 24
April 19, 1976
of said property for the total sum of $205,000.00 in cash with the owner
apreeing to pay any and all delinquent taxes levied and due against said
property for the years 1975 and prior years and the real estate taxes
due and payable in the year 1976 with the City of Golden Valley agreeing
to pay all special assessments on the property, or any installments
thereof due and payable commencing in the year 1977 and subsequent years, and
WHEREAS, after review and study of the problem it is found to be
necessary and desirable for the City of Golden Valley to accept the offer
contained in such perchase agreement,
NOW THEREFORE BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF GOLDEN VALLEY AS FOLLOWS:
1
1. The Mayor and City Manager are hereby authorized and directed
to execute that certain purchase agreement between the City of
Golden Valley and Alexander & Sons, Inc. dated April 16, 1976,
a copy of which is attached to this resolution and made a part
hereof as though fully set forth at this point.
2. The City Manager is authorized and directed to pay over the
sum of $1,000.00 as and for earnest money as required by said
purchase agreement to Alexander & Sons, Inc.
3. The City Manager is further directed to cause the title to
said property to be duly examined and an opinion received thereon
and to take all necessary steps to consummate th"*chars Q1f
said property. /'
Robert R. Hoover
Attest:
Mary ke, City Clerk
The motion for the adoption of the foregoing resolution was duly seconded
by Member Johnson and upon vote being taken thereon, the following voted
in favor thereof: Anderson, Hoover, Johnson, Swartz 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 City Clerk.
1