05/08/1995 Council Packet - Laserfiche WebLink

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Councilmember Kuether introduced the following ordinance and moved its adoption: CITY OF LINO LAKES COUNTY OF ANOKA ORDINANCE NO. 06 - 95 AN ORDINANCE OFFERING THE SALE BY THE CITY OF LINO LAKES OF LOT 2 AND A PORTION OF LOT 3, BLOCK 1, APOLLO BUSINESS PARK The City Council of Lino Lakes, Anoka County, Minnesota does ordain: The real property legally described as Lot 2 and a portion of Lot 3, Block 1, measuring 401 feet (+ or -) along Apollo Drive and 337 feet (+ or -) along 4th Avenue and 419 feet (+ or -) along the north property line and 295 feet (+ or -) along the east property line, Apollo Business Park, Anoka County, Minnesota (the "Property") is owned by the City of Lino Lakes (the "City"). The city council of the City has determined that the Property is no longer needed by the City for any public purpose. The city council of the City authorizes sale of the Property to NoI-Tec Systems, Inc., for $117,000. The mayor and city clerk -treasurer are hereby authorized and directed to execute such deed and other documents as may be necessary in order to sell the Property. Proceeds from the sale of the Property shall be used in accordance with the requirements of the city charter. This ordinance shall be in full force and effect from and after 30 days following its passage and publication, in accordance with section 3.09 of the city charter. Vernon F. Reinert, Mayor ATTEST: Marilyn . Anderson, Clerk -Treasurer