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#063 07-18-77 Accept Real Estate as GiftResolution No. 63 July 18, 1977 Member Swartz introduced and read the following written resolution and moved its adoption: RESOLUTION (Authorizing the acceptance of a donation of Real Estate as a gift) WHEREAS, SSOF Investmant Company, a limited partnershipm has offered to donate to the City of Golden Valley certain real estate on which SSOF has placed a market value of $160,000; and WHEREAS, the City Attorney has advised the City Council that SSOF Investment Company does in fact have good title to the subject property, which is described as follows: Tract C, Registered Land Survey No. 292 and those parts of the Northeast Quarter of the Northeast Quarter (NE 1/4 of NE 1/4) of Section 18, Township 2 North, Range 24 West, and the North- west Quarter of the Northwest Quarter (NW 1/4 of NW 1/4) of Section 17, Township 29 North, Range 24 West, lying North of Registered Land Survey No. 292, Southwest of the Burlington Northern Railroad right- of-way, South of 26th Avenue North and Northeast of Cumberland Hills 3rd Addition and Mary Hills Addition; and WHEREAS, the City Council has approved by resolution duly adopted on July 5, 1977, an agreement dated June 27, 1977 entitled "Agreement Regarding Charitable Contribution of Property"; and WHEREAS, SSOF is to present a deed to the City of Golden Valley conveying said property by gift to the City in accordance with the terms and conditions of said Agreement; NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Golden Valley that the gift of the above described real estate is hereby accepted, and the City Attorney is authorized and directed to file the deed thereto in the office of the Hennepin County Recorder and thereafter file said deed with the Registr f Titlesinand for Hennepin County, Minnesota. Robert R. Hoover, Mayor ATTEST: Av,; John Murph , City Clerk Resolution No. 63 (con't) July 18, 1977 The motion for the adoption of the foregoing resolution was seconded by Member Thorsen, 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