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  <br />  <br />  <br />  <br />4  <br />  <br />  <br />  <br />  <br /> <br />V. Real estate acquisitions, sales, and other dispositions <br />Statutory cities are authorized to acquire real property within or outside their corporate limits by <br />purchase, gift, devise, condemnation, lease, dedication, or otherwise. The law permitting the <br />conveyance of tax-forfeited land to a city may also be used to acquire land. Statutory cities are <br />free to hold, manage, control, sell, convey, lease, or otherwise dispose of real and personal <br />property as required by the city’s interest. With the council’s authorization, no consideration is <br />required when a city conveys land for the public use to another public corporation, any <br />governmental subdivision, or the Minnesota Armory Building Commission. Generally, a city <br />council can decide to buy or sell property without seeking permission. The statutes do not require <br />the council to submit the question to voters unless bonds are issued to purchase property. If a city <br />has a comprehensive plan however, it must usually notify the planning commission of the intent to <br />purchase or sell land, and allow 45 days for comment from the planning commission. <br /> <br /> <br />Findings of Fact: <br />The Planning Commission must make a finding as to whether or not the proposed acquisition of <br />real property is in compliance with the City’s Comprehensive Plan based on the aforementioned <br />factors. Staff offers the following findings for consideration: <br />General Findings: <br /> The property at 2750 Rice Street is located in a PUD, Planned Unit Development <br />(underlying Commercial) District and is .21 acres. PID 062922330002. <br /> The Little Canada 2040 Comprehensive Plan has the property guided toward C-2, Corridor <br />Mixed Use (Commercial) on the Future Land Use Plan. <br /> The subject property is currently a pawn shop. <br /> The adjacent properties are developed as Commercial. <br /> The purchase of the parcel at 2750 Rice Street is determined to be consistent with the City’s <br />Comprehensive Plan. <br /> <br />Public Hearing Notice <br />A public hearing will not be required for this review. This item will be heard at the City Council <br />Workshop meeting on November 17th. <br /> <br />STAFF RECOMMENDATION <br />A motion to recommend approval of the acquisition of property 2750 Rice Street to the City <br />Council in compliance with the City’s 2040 Comprehensive Plan. <br />