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HomeMy WebLinkAbout1968 12-26 CCM Special Session 251 Minutes of the Paroceedings of the City Council of the City of Brooklyn Center In the County of Hennepin and State of Minnesota December 26, 1968 The City Council met in special session and was called to order by Mayor Philip Cohen at 7235 P.M. Roll Call; Philip Cohen, Earl Rydberg, Howard Heck and Theodore Willard, Also present were: D.G. Poss, Paul Holmlund, Richard Schieffer, Rober Haarman and Thomas O`Hehir. This special meeting of the Brooklyn Center City Council was held to discuss a purchase agreement regarding Earle Brown Farm lands and the City of Brooklyn Center. Brooklyn Center Industrial Park, Inc. and the City of Brooklyn Center have reached tentative agreement regarding lards that would be conveyed to the City of Brooklyn Center. The City Manager presented to the Council a purchase agreement document in the form of a letter from Brooklyn Center Industrial Park, Inc. to the City of Brooklyn Center setting forth terms he recommended to the City Council. After reading the document and answering questions related theretoi the City Manager indicated that this letter signed by both parties would constitute a purchase agreement. The amount payable for lands to be purchased by the City of Brooklyn Center is $200,000.00 involving an initial Payment of $155,000 and a subsequent payment of $45,,000. Motion by Theodore Willard and seconded by Howard Flack to approve the purchase agreement document of December 24, 1968 between Brooklyn Center Industrial Park, Inc. and the City of Brooklyn Center and to authorize the MqyQr and City Manager to execute the agreement with their signatures. Votes in favor were: Philip Cohen,, P , R dbe Howard Y rig. Heck and Theodore Willard. Voting against were: none. Motion carried unanimously. Member Earl Rydberg introduced the following resolution and moved its adoption: RESOLUTION NO. 68 -295 RESOLUTION AUTHORIZING THE ISSUANCE OF TEMPORARY IMPROVE- NOTES The motion for the adoption of the foregoing resolution was duly seconded by member Theodore Willard, and upon vote being taken thereon, the following voted` in favor thereof: Philip Cohen, Earl Rydberg, Howard Heck and Theodore Willard; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted. Member Howard Heck introduced the following resolution and moved its adoption: RESOLUTION NO. 68 -296 RESOLUTION AUTHORIZING THE ISSUANCE OF TEMPORARY IMPROVE- NT NOTE S The motion for the adoption of the foregoing resolution was duly seconded by member Earl Rydberg, and upon vote Ding taken thereon, the following voted in favor thereof: Philip Cohen, Earl Rydberg, Howard heck and', Theodore Willard; and the following voted against the same-. none, whereupon said resolution was declared duly passed and adopted. 253 At this time the City Manager and City Attorney discussed the purchase Of title insurance and the Brooklyn Center Industrial Park,, Inc. land purchase. Motion by Howard Heck and seconded by Earl Rydberg to authorize the City Manager to purchase $200,000 worth of title insurance at a cost of $615.00 Voting in favor were; Philip Cohen, Earl Rydberg, Howard Heck and Theodore Willard. Voting against were: none. Motion carried unanimously. The City Manager then discussed with the City Council a proposed news release regarding the transaction. Motion by Theodore Willard and seconded by Earl Rydberg to adjourn the meeting. Voting in favor were: Philip Cohen, Earl Rydberg, Howard Heck and Theodore Willard. Voting against were: none. Motion carried unanimously. The City Council meeting adjourned at 9 :00 P. M. Clerk -2-