HomeMy WebLinkAbout05-8016200 Eagle Creek Avenue S.E.
Prior Lake, MN 55372-1714
RESOLUTION 05-80
A RESOLUTION AUTHORIZING SOLICITATION OF PROPOSALS TO SELL TWO CITY OWNED
PARCELS FOR ECONOMIC DEVELOPMENT PURPOSES
Motion By: Petersen Second By: Fleming
WHEREAS,
The 2020 Vision and Strategic Plan places a high priority on economic development
and downtown redevelopment, and
WHEREAS,
The City owns property which is excess to its municipal needs in the downtown and
South Lake Village areas of the City, and
WHEREAS,
Such property purchased by private developers will facilitate additional economic
development and downtown redevelopment, and
WHEREAS,
The staff has prepared requests for proposals for the sale of the two lots which require
that the successful proposer develop the properties in accordance with the 2020 Vision
and Strategic Plan, Comprehensive Plan and City Code with construction completed
within the next 24 months, and
WHEREAS,
An appraisal has be conducted for both properties to establish the value of each and
the minimum bid therefore, and
WHEREAS, A public notice and timeline have been established to promote the receipt of proposals.
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. The Notice of Request for Proposal, the Proposal Form, and Request for Proposal as contained in
the May 2, 2005, agenda report are hereby approved.
3. The minimum bids as set forth in the May 2, 2005, agenda report are hereby approved.
4. The staff is authorized to solicit proposals for the sale of an option on each property by placement
of a public notice therefore in the May 7, 2005, edition of the Prior Lake American for consideration
by the City Council on June 6, 2005.
PASSED AND ADOPTED THIS 2nd DAY OF May, 2005.
YES NO
Haugen X Hau~len
Fleming X Flemin~l
LeMair X LeMair
Petersen X Petersen
Zieska X Zieska
(seal)
Frank B~(.~y ~[an~ger
www. cityofpriorlake, com -
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