HomeMy WebLinkAbout1967-320 CCR Member Theodore Willard introduced the following resolution and
moved its adoption:
RESOLUTION NO. 67 -320
RESOLUTION AUTHORIZING THE EXECUTION OF A PURCHASE
AGREEMENT FOR CERTAIN PROPERTY INCLUDED IN THE CITY
OPEN -SPACE APPLICATION
WHEREAS, the City of Brooklyn Center desires to acquire lands to be
preserved for permanent open -space use, and has made application to the
Federal Government for financial assistance therefore under Title VII of the
Housing Act of 1961 as amended; and
WHEREAS, in a letter received at the City Hall on October 10, 1966
the regional director of Urban Renewal advised the City that said application
had been approved and financial assistance from the Federal Government
assured; and
WHEREAS, a parcel described as Lots 3 and 18, Block 1, North
River Estates Addition, Hennepin County, Minnesota, are held in fee by
Fred A. Olson, and said lots are included among the parcels desired to be
acquired and for which financial assistance has been requested as described
above; and
WHEREAS, the City Planning Commission reviewed the proposed
acquisition on April 21, 1966 and thereupon adopted a resolution approving
said acquisition and stating that such acquisition was in conformance with
the Comprehensive Plan for the community; and
WHEREAS, as required by regulation promulgated by the Department
of Housing and Urban Development applicable to land acquisitions under the
aforementioned Title VII, two appraisals have been obtained, said appraisals
being on file in the office of the City Clerk; and
WHEREAS, pursuant to the "Land Acquisition Policy Statement" adopted
by the then Village Council on April 19, 1966, efforts to negotiate the purchase
of said parcel were initiated with the result that the owner will not accept
less than the sum of $7,300 for the property including the payment by the
owner of all outstanding special assessments and taxes currently levied
against the property; and
WHEREAS, based on the aforementioned appraisals and upon the
opinion of counsel that the cost of acquisition of the parcel through eminent
p q p g
domain proceedings would likely equal or exceed the sale price requested by
the owner, the City Council finds that the sum of $7,300 is a fair sum to pay
for acquisition of fee title to the subject property:
Resolution No. 67 -320
NOW, THEREFORE, BE IT RESOLVED that the City of Brooklyn Center
purchase said parcel being otherwise legally described as:
"Lots 3 and 18, Block 1, North River Estates Addition, Hennepin
County, Minnesota.
and that the Mayor and City Manager be authorized and are hereby directed,
to execute a Purchase Agreement for the aforementioned lots in the amount
of $7,300 on the following terms:
a. $250 earnest money payable upon execution of the
Purchase Agreement:
b. $7,050 payable on or before October 31, 1967,
subject to the normal terms of marketable title, and
also requiring the payment in full of all outstanding
special assessments, liens and current taxes by the
seller.
October 16, 1967
Date Mayor
ATTEST:
Clerk v
The motion for the adoption of the foregoing resolution was duly seconded
by member John Leary and upon vote being taken thereon, the
following voted in favor thereof: Philip Cohen, John Leary, Gordon Erickson,
Howard Heck and Theodore Willard,
and the following voted against the same: none,
whereupon said resolution was duly passed and adopted.