HomeMy WebLinkAbout99-06
RESOLUTION 99-06
;J;INNESO~~
RESOLUTION APPROVING THE REAL ESTATE PURCHASE AGREEMENT WITH
WILLIAM AND CAROLE BUSSE FOR THE PURCHASE OF 38.4 ACRES OF LAND FOR THE
PURPOSE OF PARK DEVELOPMENT.
MOTION BY:
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
PETERSEN
SECOND BY:
SCHENCK
on February 25, 1997 the residents of Prior Lake passed a Parks and Library
referendum which included funds for the purchase of land for the construction
of a Community Park! Athletic complex, and
the Parks Advisory Committee has reviewed a number of properties in and
around Prior Lake, and
the Parks Advisory Committee has recommended the purchase of two separate
properties for park and athletic field purposes, and
one of the properties is currently owned by William and Carole Busse and
consists of 38.4 acres, and
William and Carole Busse have signed a Real Estate Purchase Agreement
which would allow the City of Prior Lake to purchase the property for an
amount not to exceed $625,000.00 for 38.4 acres.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA, that the City of Prior Lake purchase the William and Carole Busse property for the
purpose of park development at a cost not to exceed $625,000.00.
AND FURTHER, that the Mayor and city Manager are authorized to execute a Real Estate Purchase
Agreement on behalf of the City.
Passed and adopted this 1st day of February, 1999.
YES
NO
X
Absent
{Seal}
Mader
Kedrowski
Schenck
Petersen
Wuellner
Absent
X
X
Absent
162~~~&~ Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (612) 447-4230 / Fax (612) 447-4245
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