HomeMy WebLinkAbout08-081 Purchase 16328 Main Avenue SE (MN Nails)
4646 Dakota Street S.E.
Prior Lake, MN 55372-1714
RESOLUTION 08-081
A RESOLUTION APPROVING THE PURCHASE OF PROPERTY
LOCATED AT 16328 MAIN AVENUE S.E. AND AUTHORIZING
THE MAYOR AND CITY MANAGER TO EXECUTE THE PURCHASE AGREEMENT
Motion By: Hedberg
Second By: Millar
WHEREAS, The Downtown Area Parking Study was completed in 2004, and demonstrated a need
for an additional 400-600 parking spaces in the Downtown area by the year 2025; and
WHEREAS, Redevelopment in Downtown Prior Lake is supported and called for in various policy
and planning documents of the City, including the 2030 Vision and Strategic Plan;
Comprehensive Plan; The Prior Lake Downtown Development Guide; Development
Potential Study; and Downtown Building Design Guidelines; and
WHEREAS, The City Council desires to acquire certain parcels to promote expanded parking and
redevelopment in the Downtown area; and
WHEREAS, Since 2001, City Staff has communicated to the property owners the City's desire to
acquire property at 16328 Main Avenue S.E.; and
WHEREAS, Negotiations have occurred over the years toward this end; and
WHEREAS, The City has successfully negotiated a purchase agreement to acquire the property by
purchase.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The purchase price of $135,000, together with all costs as identified in the purchase Agreement,
are to be drawn from the Transit Fund.
3. The Mayor and City Manager are hereby authorized to execute the Standardized Purchase
Agreement and any documents necessary to close the transaction.
4. Resolution 08-056 authorized the acquisition of the property by eminent domain after previous
attempts at acquiring the property by purchased failed. The City Attorney is directed to not do any
further work on the eminent domain action. If the property closes, as it is scheduled to on or about
June 30, 2008 the City Council shall consider Resolution 08-056 null and void. If the acquisition by
purchase does not occur; because of some impediment created by the seller, the City Attorney shall
proceed to acquire the property through eminent domain.
M:\COUNCILIRESOLUTI\2008\08-081 Purchase 1632~ Main~~i:m~~!ooE;Com
Phone 952.447.9800 / Fax 952.447.4245
PASSED AND ADOPTED THIS 2nd DAY OF June, 2008.
M:\COUNCILlRESOLUTI\2008\08-081 Purchase 16328 Main Avenue SE (MN Nails).doc
YES
NO
Hauaen X Haugen
Erickson X Erickson
Hedbera X Hedberg
LeMair X LeMair
Millar X Millar
f)J L
Frank Boyles, ~