08/25/1969 Council Minutes - Laserfiche WebLink

Home Search

1 1 1 2 Mr. Bohjanen asked Mr. Locher about the limit on a contract. Mr. Locher replied that there was a five year limit on any contracts. He had worked nit the payment schedule; this had complied with Mr. Waldoch's wishes to receive less than 1/3 of the total payment the first year. The first payment due in September 1970 would be $3.575, including $715 interest; the second payment in September 1971 would be $3,430, including $570 interest; the third payment in September 1972 would be $3,289 including $429 interest; the fourth payment in September 1973 would be $3,146 including $286 interest; the fifth payment in 1974 would be $3,043 including $143 interest.. (The base amount in each of these payments is $2,860.00). A larger or additional amount could be paid after the first year. Mr. Locher stated that Mr. Waldoch would pay the cost of the new abstract on the 30 acres. Mr. Locher has abstracted the title for the two acres, needing only the legal description. Mr. Waldoch also has to pay $36.30 in State Deed Tax. Mr. Locher stated that State Statue 412.21 on contracts requires payment within 5 years. If the price exceeds 1% of the assessed valuation, hearings are needed. If a petition is made for placing the purchaseon the ballot, this must be done. Mr. Locher will check on our assessed valuation with Mr. Campbell, County Auditor. Mr. Cardinal moved that Lino Lakes exercise the option to purchase the entire 30 acre parcel from Mr. William W. and Mrs. Anna A. Waldoch on a contract for deed, receiving clear title to a two -acre separate parcel for an additional down payment of $1100.00, making the total down payment $2,100.00; all of the amount of $2,100 applying to the purchase price. Seconded by Mr. Rosengren. Carried unanimously. Mr. L'Allier presented Mr. Paul Miller of Acton Construction Co. who stated that they had purchased additional surrounding lands to develop. In particular, he would like to rezone a 60 acre parcel on, the West side of 135E. He would like to put in a sewer line from the proposed line from White Bear to Forest Lake. This line, he feels, would eventually serve Centerville, and could handle 75,E population. Since Acton's property is only 1 mile from the proposed line, they feel they could afford to put it in before I-35E is finished if they could develop a trailer park to help pay for it. Mr. Miller stated that he has been told that a stub will be put in the main line for Centerville. He wishes to hook into this; this line could go to Centerville in the future when there is need. Acton would be willing to spend $100,000 on this line. Acton is using our Engineering firm, so would have no problem in doing the line to our specifications. A franchise would be needed. Mr. Cardinal moved to set the dates of September 17 for the P&Z hearing and September 22 for a hearing before the Council. Seconded by Mr. Rosengren. Carried. Mr. Jaworski stated that there had been no Park Board Meeting yet. The Cub Tractor had arrived the previous Wednesday. The Clerk should contact Mr. Ray for insurance. Collision insurance would not be needed since the tractor would not be driven on the roads. Mr. Bohjanen inquired whether any bids had been received on a tape recorder. The Clerk replied that one bid was forthcoming and wished to know whether she should inquire about an amplifier for the wall also. Mr. Bohjanen will get the number for Mr. Dick Zelinka at work so that a bid can be obtained from him also. It was noted that the CD auction was set for September 14th.