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MAYOR <br />Bill Blesener <br />COUNCIL <br />Rick Montour <br />John Keis <br />Michael McGraw <br />Shelly Boss <br />515 Little Canada Road, Little Canada, MN 55117-1600 <br />(651) 766-4029 / FAX: (651) 766-4048 ADMINISTRATOR <br />www.ci.little-canada.nin.us Joel R. Hanson <br />MEMORANDUM <br />TO: Mayor Blesener and Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: July 3, 2014 <br />RE: Purchase Agreement for City Land at Viking Drive & Rice Street <br />Attached is the proposed purchase agreement for the sale of our property at Viking Drive and <br />Rice Street to the Davis Real Estate Services Group, LLC. The Davis Group will be developing <br />a 7,500 square foot general medical building on this property (A proposed site layout is <br />attached.) The purchase price for the property is $375,417 Tess a $30,000 commission. <br />Attached are the City Attorney's comments relative to this agreement. These comments have <br />been forwarded to the buyers for their review. We expect to have the agreement in final form <br />for Wednesday's meeting. <br />1 <br />