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HomeMy WebLinkAbout05-145 16200 Eagle Creek Avenue S.E. Prior Lake, MN 55372-1714 RESOLUTION 05-145 A RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE A SHORT-FORM PURCHASE AGREEMENT FOR paD 250010211 Motion By: Petersen Second By: leMair WHEREAS, The 2030 Vision and Strategic Plan encourages the redevelopment of the Downtown area; and WHEREAS, The City Council has previously solicited proposals for the development of the Hastings and Main Avenue property; and WHEREAS, There is a seven-foot strip adjacent to the City-owned property which is owned by L.B. J. Grain; and WHEREAS, The City has negotiated an appropriate agreement for the purchase of this property in order that it may be consolidated with the City-owned parcel for development purposes. 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 Mayor and City Manager are hereby authorized to execute the short-form purchase agreement on behalf of the City. 3. Funds for this transaction shall be allocated from the Contingency Fund in an amount not to exceed $6,421.00. PASSED AND ADOPTED THIS 15th DAY OF August, 2005. YES NO Haugen X Hauaen Fleming X Flemina LeMair X LeMair Petersen X Petersen Zieska X Zieska R\RESOLUTl\ADMiNRES\2Q05\C5-145 Purd18se LBJ ~Mtyadooorlake.com Phone 952.447.4230 / Fax 952.447.4245