07-11-07 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL JULY 11, 2007 If not, the title company will determine the appropriate escrow amount to ensure that there are funds available to clear this property. The Administrator also reported that as part of the settlement with Mr. Sedaghat, the City will dismiss all charges against him. The Administrator recommended approval of the purchase agreement as presented. Blesener asked about the provision that the City provide a 1033 letter. The City Administrator indicated that this letter states that the City is acquiring the property under threat of eminent domain. Mr. Sedaghat has a contract-for-deed on the property, and the 1033 letter allows him to get out of the contract without paying a penalty. The Administrator reported the purchase agreement also contains a statement that no relocation benefits are to be claimed. He also noted that the City Attorney does not believe that issuing the 1033 letter will cause the City any problems. Ms. Allan introduced the following resolution and moved its adoption: RESOLUTION NO.2007-7-166 -APPROVING THE PURCHASE AGREEMENT FOR THE FRED SEDAGHAT PROPERTYINRYAN INDUSTRIAL PARKAS PRESENTED AND AUTHORIZING THE MAYOR AND CITYADMINISTRATOR TO EXECUTE THE AGREEMENT ON BEHALF OF THE CITY The foregoing resolution was duly seconded by McGraw. Ayes (5). Nays (0). Resolution declared adopted. The City Administrator indicated that he will move forward with soil testing on the property. The Council agreed. OLD KETTLE The Public Works Superintendent reviewed his report dated July 2, 2007 RIVER ROAD relative to the Historical Society's desire to have signs installed along SIGNAGE Little Canada Road identifying Old Kettle River Road. The Historical Society would purchase the signs and sign brackets, and the Public Works Department would install them. The signs will have black lettering on a white background, so they will have a different appearance from the City's standard street signage. The Superintendent pointed out that the City of St. Paul has similar signage on a few of their historic roads. Blesener suggested that different colors be used for the signage to make it more appealing. The Superintendent indicated that he will make that suggestion to the Historical Society.