HomeMy WebLinkAboutOrdinance 09-23 1' Reading:August 28, 2023 Publication: September 19, 2023
2nd Reading: September 11, 2023 Effective: October 19, 2023
CITY OF LINO LAKES
ORDINANCE NO. 09-23
ORDINANCE APPROVING SALE OF LAND TO
JAVA COMPANIES, LLC
The City Council of Lino Lakes ordains:
Section 1. Property. The City is the fee owner of the Property legally described as:
Lot 12 and Lot 13, Block 2, Carole's Estates 2nd Addition; and
Lot 4, Auditor's Subdivision No. 134 (7685 Lake Drive)
Section 2. Findings.
1. Lots 12 and 13, Block 2, Carole Estates 2nd Addition and that part of Lot 4,
Auditor's Subdivision No. 134 (excepting therefrom the proposed right-of-way
for Marketplace Drive) as shown in the attached Exhibit A, is excess property
identified for sale to promote economic development.
2. The Property is guided for Commercial use in the City's 2040 Comprehensive
Plan and zoned GB, General Business District and NB, Neighborhood Business.
3. The sale of property will result in development of the property and
enhancement of the City's tax base.
4. The sale of property will facilitate realignment of the 77th Street/Marketplace
Drive to provide commercial and residential access to property west of Lake
Drive.
Section 3. Authorization
The City Council approves the sale of the Property to JAVA Companies, LLC. The
Mayor and City Clerk are hereby authorized and directed to execute a purchase
agreement, 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.
Section 4. Effective Date.
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.
Adopted by the Lino Lakes City Council this 11th day of September, 2023.
PP
L r• or
Rol; erty, Mayor
ATTEST:
Jolleen Chaika, City Clerk
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