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12-011 - 02-21 - purchase property - 1850 Toledo Ave No Resolution 12-11 February 21, 2012 Member Freiberg introduced the following resolution and moved its adoption: RESOLUTION APPROVING THE PURCHASE OF THE REAL PROPERTY LOCATED AT 1850 TOLEDO AVENUE NORTH AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE A PURCHASE AGREEMENT WHEREAS, the property located at 1850 Toledo Avenue (Lot 17, Block 2, Scheid's Terrace) is surrounded by Scheid Park; and WHEREAS, the Comprehensive Plan states the acquisition of this property is a goal of completing the master plan for Scheid Park; and WHEREAS, the real property consisting of Lot 17, Block 2, Scheid's Terrace has been offered to the City of Golden Valley for sale for $200,000. NOW, THEREFORE, BE IT RESOLVED that the City Council approves the purchase of the real property located at 1850 Toledo Avenue North, Lots 17, Block 2, Scheid's Terrace (P.I.D. #18-029-24-32-0046), for $200,000 and authorizes the Mayor and City Manager and to execute a Purchase Agreement therefore. � S ep d M. Harris, M or ATTEST: r `� V l�� Susan M. Virnig, City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Scanlon and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Freiberg, Harris, Pentel and Scanlon; 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.