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HomeMy WebLinkAbout03-019 RESOLUTION AUTHORIZING ACQUISITION OF PROPERTY LOCATED AT 16950 PANAMA AVENUE, PRIOR LAKE, FOR ROADWAY PURPOSES, AND AUTHORIZING THE MAYOR AND CITY MANAGER TO ENTER INTO A PURCHASE AGREEMENT. MOTION BY: PETERSEN SECOND BY: LEMAIR Whereas, pursuant to Resolution 03-13, the City Council accepted the Feasiblity Report and setting a public hearing on the CSAH 23 / Five Hawks / TH13 / 170th Street / Tower Street (Ring Road Phase 3) Improvement Project (City Project #02-06); and Whereas, the City staff has advised that the property located at 16950 Panama Avenue, Prior Lake, Minnesota, is necessary for the construction of the roadway improvements; and Whereas, the City Council of the City of Prior Lake does hereby determine that it is necessary and for public purpose to acquire the property located at 16950 Panama Avenue, Prior Lake, Minnesota; and Whereas, a Purchase Agreement and other corresponding documents satisfactory to Buyer and Seller have been voluntarily negotiated and executed by the Seller and Lessee. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA, 1. The recitals set forth above are incorporated herein. 2. The acquisition of the property is hereby approved, and funds for this purchase shall be drawn from the Collector Street Fund. 3. The Mayor and City Manager are hereby authorized to execute all necessary documents to effectuate the closing of the transaction. Passed and adopted this 3rd day of February, 2003. YES NO Haugen × Haugen Blomberg X Blomberg LeMair X LeMair Petersen I X Petersen Zeiska i Absent Zeiska Absent l~gv~~A~. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER