HomeMy WebLinkAbout03-43 RESOLUTION AUTHORIZING ACQUISITION APPROVING
ACQUISITION OF PARCELS A AND B FROM WELLS FARGO FOR ROADWAY PURPOSES,
AND AUTHORIZING THE MAYOR AND CITY MANAGER EXECUTE
ALL DOCUMENTS TO EFFECTUATE THE PURCHASE.
MOTION BY: PETERSEN SECOND BY: BLOMBERG
Whereas, pursuant to Resolution 03-13, the City Council accepted the Feasibility 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 Council has previously determined that permanent and temporary easements
across the property commonly known as the Wells Fargo Bank site (the legal
descriptions of which are attached hereto), are necessary for public purpose for the
construction of the roadway improvements; and
Whereas, on February 3, 2003, the City Council initiated a condemnation action for the necessary
property interests by Resolution 03-18; and
Whereas, prior to completing the condemnation action, staff and property owner have
successfully negotiated terms for the purchase of said easement interests.
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 in an amount not to exceed $110,908.
3. The Mayor and City Manager are hereby authorized to execute all necessary documents to
effectuate the closing of the transaction.
4. Upon final closing of the transaction, the City Attorney is hereby authorized to remove said
parcels from the condemnation action.
Passed and adopted this 17th day of March, 2003.
YES NO
Haugen X Haugen
Blomberg × Blomberg
LeMair X LeMair
Petersen X Petersen
Zieska Absent Zieska Absent
Frank Boyles,~_,ity ~lanager
l(~q~tiIvF~~fl~ S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
AN EQUAL OPPORTUNITY EMPLOYER