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HomeMy WebLinkAbout02-41 RESOLUTION 02-41 RESOLUTION APPROVING THE ACQUISITION OF RIGHT-OF-WAY FOR THE RING ROAD AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE RELATED DOCUMENTS. Motion By: PETERSEN Second By: ZIESKA WHEREAS, the City Council has directed the staff to acquire the right-of-way required for the construction of the Ring Road; and WHEREAS, the staff has obtained appraisals and made offers to property owners for the acquisition of property; and WHEREAS, a property acquisition has been negotiated and memorialized in the City standard purchase agreement; and NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA that: 1. The recitals set forth above are incorporated herein. 2. The acquisition of the property as set forth in a certain purchase agreement dated March 7, 2002 is hereby approved. 3. The Mayor and City Manager are authorized to execute all necessary documents to effectuate the closing of the transaction. 4. Funding for the acquisition will be drawn from the Collector Street Fund. PASSED AND ADOPTED THIS 18th DAY OF MARCH, 2002. YES NO Haugen X Haugen Gundlach Absent Gundlach Absent Petersen X Petersen Zieska X Zieska City Manage~,~~or Lake 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER