HomeMy WebLinkAbout20-031 Property Transfer
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 20-031
Resolution Approving the Transfer of Property from the City of Prior Lake
to the Prior Lake Economic Development Authority
Motion By: Burkart Second By: Erickson
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
The City of Prior Lake (“City”) is the owner of property at 4664 Dakota Street SE (PID
250010550) and 4666 Dakota Street SE (PID 250010560); and
The Prior Lake Economic Development Authority (“EDA”) is the owner of property at
4662 Dakota Street SE (PID 250010570); and
The EDA has approved a motion recommending the City transfer ownership of
property at 4664 Dakota Street SE and 4666 Dakota Street SE to the EDA to facilitate
redevelopment of the properties; and
Redevelopment in downtown Prior Lake is supported in various policy and planning
documents of the City, including the 2040 Vision and Strategic Plan and the
Comprehensive Plan; and
The Prior Lake City Council considered the request of the EDA on March 2, 2020
and agreed to transfer the properties at 4664 Dakota Street SE and 4666 Dakota
Street SE to the EDA.
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 City Attorney is directed to prepare documents necessary for the transfer of 4664 Dakota
Street SE and 4666 Dakota Street SE from the City of Prior Lake to the Prior Lake Economic
Development Authority.
3. The Mayor and City Manager are authorized to execute the documents necessary to close
the transactions.
Passed and adopted by the Prior Lake City Council this 2nd day of March 2020.
VOTE Briggs Thompson Burkart Braid Erickson
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
______________________________
Jason Wedel, City Manager