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HomeMy WebLinkAbout2015-10 07-27 CCO CITY OF BROOKLYN CENTER Notice is hereby given that a Public Hearing will be held on the 27th day of July 2015 at 7 p.m. or as soon thereafter as the matter may be heard at the City Hall, 6301 Shingle Creek Parkway, to consider an ordinance providing for the sale and exchange of certain land in the City. Auxiliary aids for persons with disabilities are available upon request at least 96 hours in advance. Please contact the City Clerk at 763-569-3300 to make arrangements. ORDINANCE NO. 2015-10 AN ORDINANCE AUTHORIZING THE CONVEYANCE OF PROPERTY AND THE LAND EXCHANGE AGREEMENT (3401 53RD AVE N) THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER DOES ORDAIN AS FOLLOWS: I. BACKGROUND 1.1. Economic Development Authority of Brooklyn Center, Minnesota ("EDA") acquired property in the City legally described as: The North 110.02 feet of the East 142.6 feet of the Northwest Quarter of the Northeast Quarter of Section 10, Township 118, Range 21, Hennepin County, Minnesota. (the "Subject Property"). 1.2. EDA has agreed to convey the Subject Property to the City. 1.3. The City wishes to facilitate the conveyance of the Subject Property from the EDA to the City and then to Lake Point Apartments LLC on the condition that Lake Point Apartments LLC conveys a Trail Easement over a portion of the Lake Point Parcel legally described as: That part of Lot 1, Block 1, TERRACE APARTMENTS ADDITION, Hennepin County, Minnesota, described as follows: Beginning at the northeast corner of said Lot 1; thence North 89 degrees 34 minutes 37 seconds West (assumed bearing) along the north line of said Lot 1 a distance of 86.57 feet; thence South 00 degrees 26 minutes 05 seconds West 55.20 feet; thence South 02 degrees 48 minutes 05 seconds East 189.69 feet; thence South 02 degrees 49 minutes 14 seconds West 35.26 feet; thence South 16 degrees 20 minutes 37 seconds West 137.34 feet; thence South 39 degrees 25 minutes 19 seconds West 109.74 feet; thence South 22 degrees 47 minutes 10 seconds West 137.27 feet; thence South 23 degrees 37 minutes 43 seconds West a distance of 43.68 feet; thence South 23 degrees 37 minutes 43 seconds West 153.96 feet; thence South 09 degrees 01 minute 49 seconds West 62.08 feet; thence South 31 degrees 50 minutes 37 seconds West 259.74 feet; thence South 24 degrees 16 minutes 46 seconds West 47.84 feet; thence South 36 degrees 28 minutes 26 seconds ORDINANCE NO. 2015-10 West 79.17 feet; thence South 32 degrees 11 minutes 26 seconds West 271.27 feet; thence South 57 degrees 48 minutes 34 seconds East 18.00 feet; thence South 32 degrees 11 minutes 26 seconds West 475.34 feet to the westerly line of said Lot 1; thence South O1 degree 43 minutes 38 seconds East along said westerly line 31.53 feet to the most southerly corner of said Lot 1; thence North 32 degrees 06 minutes 27 seconds East along the easterly line of said Lot 1 a distance of 1289.85 feet to an angle point on said easterly line; thence North 16 degrees 07 minutes 37 seconds East continuing along said easterly line 298.57 feet to an angle point on said easterly line; thence South 89 degrees 34 minutes 37 seconds East continuing along said easterly line a distance of 54.74 feet to an angle point on said easterly line; thence northeasterly 156.73 feet along a non-tangential curve concave to the west, having a radius of 894.93 feet and a central angle of 10 degrees 02 minutes 04 seconds and a chord bearing of North I 1 degrees 15 minutes 18 seconds East; thence North 06 degrees 14 minutes 06 seconds East continuing along said east line 186.98 feet; thence northerly 153.54 feet continuing along said east line along a tangential curve concave to the east having a radius of 469.26 feet and a central angle of 18 degrees 44 minutes 51 seconds to the point of beginning. ("Lake Point Parcel") II. CONVEYANCE OF PROPERTY 2.1. The Mayor and City Manager are authorized and directed to execute the Land Exchange Agreement, Trail Easement, and a quit claim deed to the Subject Property and take all steps necessary to affect the transfer of the Subject Property to Lake Point Apartments LLC pursuant to the terms of the Land Exchange Agreement. III. EFFECTIVE DATE 3.1. This Ordinance shall become effective after adoption and upon thirty (30) days following its legal publication. Adopted this 27th day of July, 2015. / Mayor ATTEST: City Clerk Date of Publication: August 6, 2015 Effective Date: September 5, 2015 (SrikeetA indicates matter to be deleted, double underline indicates new matter.)