My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
10-22-2014 Council Agenda
>
City Council Packets
>
2010-2019
>
2014
>
10-22-2014 Council Agenda
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/17/2014 2:53:06 PM
Creation date
10/17/2014 2:45:03 PM
Metadata
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
56
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
tale <br />anada <br />5151.ittle Canada Road, Little Canada, MN 551174600 <br />(651) 766-4029 / FAX: (651) 766-4048 <br />www.ctlittle-canada.mn.us <br />MEMORANDUM <br />TO: Mayor Blesener and Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: October 17, 2014 <br />RE: Purchase Agreement for 3046 Lahore Road <br />MAYOR <br />13i11 13lesener <br />COUNCIL <br />Rick Montour <br />John Reis <br />Michael McGraw <br />Shelly Boss <br />ADMINISTRATOR <br />Joel R. Hanson <br />Pursuant to the Council's direction at the closed session held at our last meeting, staff <br />submitted a counter offer to Derek Owens and Kathleen Mahan for their purchase of 3046 <br />Labore Road. As you will recall, they submitted a second offer of $100,000. We countered at <br />$112,500 and they accepted. The purchase agreement to consummate this sale is attached for <br />your review. It meets the parameters set for the sale of the property with the exception that we <br />allowed until 12/31/15 for completion of the new home. The goal is to close on the sale by <br />November 14t1i. <br />The transaction works out well for us in that we will have a new home constructed on the <br />property. We have also more than covered our costs of acquisition/demolition (just under <br />$90,000). <br />Staff recommends approval of the purchase agreement as presented. 1 also want to thank our <br />realtor, Bob Pedersen, for his assistance in this transaction. <br />Ce: Bob Pedersen <br />1 <br />
The URL can be used to link to this page
Your browser does not support the video tag.