HomeMy WebLinkAbout13-015 Purchase Schweich for Flood Storage
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 13-015
A RESOLUTION APPROVING A REAL ESTATE PURCHASE AGREEMENT WITH
LAWRENCE SCHWEICH AND BONITA J SCHWEICH
Motion By: Soukup Second By: Morton
WHEREAS, The City of Prior Lake has identified improvements in the Welcome Avenue Industrial Park to
address compensatory flood storage needs in the Markley Lake landlocked watershed and
provide stormwater treatment in the high vulnerability wellhead protection area of the City’s
water supply source; and
WHEREAS, The City of Prior Lake Planning Commission found the acquisition of this property is in
compliance with the 2030 Comprehensive Land Use Plan; and
WHEREAS, The City of Prior Lake identified $150,000 in the original project estimates for property
acquisitions associated with Welcome Industrial Park Improvements; and
WHEREAS, The City Council of the City of Prior Lake has been presented with a proposed purchase
agreement in the amount of $129,500 between the City as Buyer and Lawrence Schweich and
Bonita J Schweich as Sellers for the purchase and sale of 14.65 acres of land located on the
north end of Welcome Avenue and legally described as shown on Exhibit A of the purchase
agreement; and
WHEREAS, The City of Prior Lake and the Schweichs’ desire to enter into a Purchase Agreement to set
forth the terms and conditions relating to the purchase of this property.
NOWTHEREFORE, 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 City Council approves the Purchase Agreement with the Schweichs.
3.The Mayor and City Manager are authorized to execute the Purchase Agreement with the Schweichs
for the purchase of property located on the north end of Welcome Avenue and such other documents
as are necessary to consummate the purchase of the property.
4.This purchase and all associated closing costs shall be recorded in Construction Fund Account
#501-48377-504.
PASSED AND ADOPTED THIS 28TH DAY OF JANUARY 2013.
YES NO
Hedberg X Hedberg
Keeney X Keeney
Morton Morton X
Soukup X Soukup
Vacant Vacant
______________________________
Frank Boyles, City Manager