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515 Little Canada Road, Little Canada, MN 55117 -1600 <br />(612) 484 -2177 / FAX: (612) 484 -4538 <br />MEMORANDUM <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Steve Morelan <br />Bob Pedersen <br />ADMINISTRATOR <br />Joel R. Hanson <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: February 7, 1997 <br />RE: Culvert Vacation Hearing - Portion of Viking Drive and Minnesota Avenue <br />Relative to St. Jude Medical, Inc. <br />In the latter part of 1995, we entered into a purchase agreement with St. Jude Medical which <br />would convey to them a portion of property we would receive from the State of Minnesota as <br />part of the Viking Drive turn-back. (This parcel is approximately 7 1/2 acres in size.) We <br />also agreed to vacate the excess turn -back right -of -way which is not needed for Viking Drive <br />in addition to a portion of Minnesota Avenue lying between St. Jude's existing land and the 7 <br />1/2 acre portion they are acquiring from us. We have been finalizing some issues with <br />MNDOT and feel they are sufficiently resolved that we can proceed with the vacation as <br />described in our purchase agreement. Therefore, I am recommending we call for a vacation <br />hearing of the previously mentioned right -of -ways to be held on March 12, 1997. <br />Once this transaction is completed, we should be able to close the land sale which will <br />generate approximately $82,000 to the city. I will also have a map that better depicts this <br />vacation available for Wednesday's meeting to assist in your evaluation of this concept. <br />JRH:kpv <br />Page 16 <br />