HomeMy WebLinkAbout9A - 4664 Dakota Street SE Oi(gi
4646 Dakota Street SE
411A so'c' Prior Lake,MN 55372
RESOLUTION 14-xxx
A RESOLUTION AUTHORIZING CITY STAFF TO NEGOTIATE THE ACQUISITION OF PROPERTY
LOCATED AT 4664 DAKOTA STREET SE
Motion By: Second By:
WHEREAS, The City of Prior Lake, a Minnesota municipal corporation, acting by and through the City
Council, is authorized by law to acquire real estate which is needed for public use or purpose;
and
WHEREAS, The City of Prior Lake has an opportunity to acquire property at 4664 Dakota Street SE from a
willing seller through a voluntary sale process; and
WHEREAS, The property at 4664 Dakota Street SE has potential to be a downtown redevelopment site in
the future; and
WHEREAS, The city's amended Tax Increment Financing Redevelopment District 1-1 has budgeted funds
to acquire property, and it has identified this site for possible acquisition.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. City staff is authorized to negotiate the purchase of property located at 4664 Dakota Street SE subject
to City Council approval of a purchase agreement.
PASSED AND ADOPTED THIS 28th DAY OF JULY, 2014.
VOTE Hedberg Keeney McGuire Morton Soukup
Aye 0 0 0 0 0
Nay 0 0 0 0 0
Absent 0 0 0 0 0
Abstain 0 0 0 0 0
Frank Boyles, City Manager