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• <br />AGENDA ITEM 6B <br />STAFF ORIGINATOR: Mary Alice Divine <br />DATE: 9/13/04 <br />TOPIC: Second Reading: Ordinance No. 21 -04 offering the sale of <br />property to Fairview Health Services <br />Vote Required: Simple majority <br />BACKGROUND: <br />The City of Lino Lakes owns approximately .47 acres of property on the <br />southeast quadrant of 35W /Lake Drive. This small triangular piece of land (Outlot <br />C, The Village No. 1) is adjacent to the north of the existing Fairview Clinic, and <br />is not included in the proposed Legacy at Woods Edge mixed -use downtown <br />development. <br />A portion of this outlot will be retained for MnDot right -of -way for the future <br />realignment of the freeway ramp. Fairview Health Services would like to <br />purchase the remainder of this parcel for future expansion of up to approximately <br />4,000 sq. ft. The purchase price is $4.50 per sq. ft. <br />The final square footage needs to be determined. Staff will consult with MnDot to <br />confirm that all right -of -way for the ramp has been delineated before the <br />purchase agreement is signed. <br />According to the City Charter, the sale of real property shall be disposed of by <br />ordinance. This ordinance authorizes staff and the city attorney to execute a <br />purchase agreement for the sale. <br />OPTIONS: <br />1. Approve the second reading of Ordinance No. 21 -04 offering the sale of <br />property to Fairview Health Services <br />2. Do not approve the sale. <br />3. Return to staff for further consideration <br />RECOMMENDATION: <br />Option 1 <br />