HomeMy WebLinkAbout1972-20 12-18 CCO CITY OF BROOKLYN CENTER
ORDINANCE NO. 72-2o
AN ORDINANCE AUTHORIZING THE CONVEYANCE OF REAL
ESTATE FROM THE CITY OF BROOKLYN CENTER TO HENNEPIN
COUNTY
THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER DOES ORDAIN AS FOLLOWS:
Section l: PREAMBLE.
WHEREAS, the Hennepin County Library Board has indicated a desire
to acquire certain Brooklyn Center owned property described below for the public
purpose of continuing and expanding a Hennepin County library facility, and
WHEREAS, the subject property is presently leased to Hennepin
County by the City of Brooklyn Center until December 31, 2018 for the sum of
one dollar per year; and
WHEREAS, it is determined to be in the best interests of the citizens
of Brooklyn Center to convey the subject property to Hennepin County and to use
the proceeds therefrom consistent with Section 12.05 of the City Charter; and
WHEREAS, it is determined that the subject property is no longer
O W needed for municipal purposes; and
WHEREAS, independent appraisals of the current market value of the
property were secured,
It is, therefore, determined to convey the following described real
estate to Hennepin County, consistent with Section 12.05 of the City Charter.
Section 2: Property description in terms of conveyance.
That City of Brooklyn Center owned property described as:
Lot I, Block 1, Library Terrace
shall be conveyed in fee title to Hennepin County in consideration of the sum of
$34,745.00 to be paid to the City of Brooklyn Center provided that the City of
Brooklyn Center shall pay those outstanding special assessments assigned
against the above described property as of the effective date of this ordinance.
A purchase agreement shall be drawn and executed by both parties, setting forth
the financial terms as prescribed by this ordinance, and further setting forth such
other reasonable terms as may be mutually agreed between the parties.
Ordinance No. 72 -20
Section 3: This ordinance shall become effective after adoption and
thirty days following its legal publication.
Adopted this 18th day of T)PrPmher 19
Mayor
ATTEST:(,
Clerk
Published in the official newspaper November 30, 197
Effective Date December 30, 1972
(Brackets indicate matter to be deleted and underline indicates new matter)
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