HomeMy WebLinkAbout14-115 Purchase of 4664 Dakota Street
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 14-115
A RESOLUTION AUTHORIZING CITY STAFF TO NEGOTIATE THE ACQUISITION OF PROPERTY
LOCATED AT 4664 DAKOTA STREET SE
Motion By: Keeney Second By: McGuire
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.
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.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 28 DAY OF JULY, 2014.
th
VOTE Hedberg Keeney McGuire Morton Soukup
Aye
☒☒☒☒☒
Nay
☐☐☐☐☐
Absent
☐☐☐☐☐
Abstain
☐☐☐☐☐
______________________________
Frank Boyles, City Manager