18-06 - 01-16 - Transfer Remnant Parcel to 1320 Fairlawn Way Resolution 18-06 January 16, 2018
Member Rosenquist introduced the following resolution and moved its adoption:
RESOLUTION TO TRANSFER REMNANT CITY PARCEL TO 1320 FAIRLAWN WAY
WHEREAS, the City owns a parcel of real property ("Remnant Parcel") formerly
owned by the Minnesota Department of Transportation, title to which was recently
transferred back to the City, and which is generally described as follows:
Part of Parcel 25 C.S. 2789 (394=10) 906 (portion of former Lot 2, Block 2,
Kennedy's South Tyrol Hills excluding the public right-of-way of Wayzata
Boulevard) as described in Quitclaim Deed Documents A10388521 and
T05404766, and generally depicted in Exhibit A.
WHEREAS, the City Council of the City of Golden Valley has determined that the
Remnant Parcel is no longer needed for a public purpose and is not large enough to be
developed as a separate lot; and
WHEREAS, the Owner of the parcel of real property located at the address
commonly known as 1320 Fairlawn Way in the City of Golden Valley, Hennepin County,
Minnesota, legally described as Lot 3, Block 2, Kennedy's South Tyrol Hills, Hennepin
County, Minnesota, ("Owner") desires to acquire the Remnant Parcel from the City; and
WHEREAS, The City desires to transfer the Remnant Parcel to the Owner in
consideration of Owner's payment of One Dollar ($1.00) to the City; and
WHEREAS, upon completion of the transfer, Owner shall make an application (the
"Application") to the City to combine the Remnant Parcel with Owner's existing property to
create a single lot pursuant to the City's Subdivision Ordinance; and
WHEREAS, in order for the City to conduct an adequate due diligence review,
prepare the Remnant Parcel for the transfer, properly document the transfer, and review
and process the Application, the City requires that the Owner deposit funds with the City to
cover costs for professional services incurred by the City in connection with the City's
preparation of the Remnant Parcel and documentation of the transfer; and
WHEREAS, the Owner deposited funds with the City and entered into a deposit
agreement for professional services with the City on December 27, 2017 to facilitate the
transfer and platting of property; and
WHEREAS, the City has evaluated its interest and use of the property; and
WHEREAS, the Council has determined that the transfer of property will benefit the
public interest because the transfer is predicted to foster economic growth in the City of
Golden Valley and, on a greater scale, the State of Minnesota benefits by the projected
measurable increase in tax revenue and general prosperity.
Resolution No. 18-06 -2- January 16, 2018
NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of Golden
Valley that the remnant parcel be transferred to the owner of 1320 Fairlawn Way for the
sum of one dollar according to the conditions contained herein and in the executed deposit
agreement for professional services.
She and M. Harri , Mayor
ATTEST:
Kristine A. Luedke, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member Clausen
and upon a vote being taken thereon, the following voted in favor thereof: Clausen, Harris,
Rosenquist and Schmidgall, the following was absent: Fonnest 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.
Resolution No. 18-06 -3- January 16, 2018
EXHIBIT A
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Remnant Parcel ,.
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1320
Fairlawn Way �y
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