07-09-2014 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL JULY 9, 2014 CONSENT AGENDA PURCHASE AGREEMENT — RICE STREET/ VIKING DRIVE PROPERTY The City Administrator thanked the Finance Director and City staff for their work in assisting the Auditors. He noted that the City's bond rating was recently upgraded and pointed out that Little Canada is financially strong. Boss introduced the following resolution and moved its adoption: RESOLUTION NO. 2014-7-124 —APPROVING THE CONSENT AGENDA WHICH CONTAINS THE FOLLOWING: *APPROVAL OF THE VOUCHERS; *APPOINTMENT OF ELECTION JUDGES FOR THE AUGUST 12, 2014 PRIMARY ELECTION AND AUTHORIZING THE CITY CLERK TO MAKE ANY ADJUSTMENTS AS DEEMED NECESSARY; *APPROVAL OF PARTIAL PAYMENT TO FPI PAVING FOR LITTLE CANADA ROAD IMPROVEMENT; *APPROVAL OF SUPPLEMENTAL AGREEMENT WITH RAMSEY COUNTY FOR LITTLE CANADA ROAD IMPROVEMENT AND AUTHORIZING THE MAYOR, ACTING MAYOR, AND CITY ADMINISTRATOR TO EXECUTE ON BEHALF OF THE CITY; *AUTHORIZING REIMBURSEMENT FOR TREE LOSS ON EDWARD STAFKI PROPERTY DUE TO LITTLE CANADA ROAD IMPROVEMENT AS RECOMMENDED BY THE CITY ENGINEER The foregoing resolution was duly seconded by Keis. Ayes (4). Nays (0). Resolution declared adopted. The City Administrator presented a final Purchase Agreement for the sale of the City's property at Viking Drive and Rice Street to Davis Real Estate Services Group, L,LC. The Davis Group will be developing a 7,500 square foot general medical building on this property. The purchase price is $375,417 less a $30,000 commission. The City Attorney has reviewed the Purchase Agreement and finds it in acceptable form. The Administrator indicated that one issue relates to the known contamination of this site which was formerly occupied by Oasis. The City believes the contamination to be minimal and has provided Davis 4