HomeMy WebLinkAboutOrdinance 11-23 1st Reading: z , � -142 Publication: Gr '`it 2g-, - -- -3
2' Reading: ec 1x,- Effective: 't J mow. ✓ -4I 2�23
CITY OF LINO LAKES
ORDINANCE NO. 11 -23
ORDINANCE APPROVING SALE OF LAND TO TS MILLER CO.
(RICE INDUSTRIES)
The City Council of Lino Lakes ordains:
Section 1. Property. The City is the fee owner of the Property legally described as:
Exhibit A and depicted on Exhibit B
Section 2. Findings.
1. The Property is excess property identified for sale to promote economic development.
2. The Property is guided for industrial use in the City's 2040 Comprehensive Plan and
zoned GI, General Industrial.
3. The sale of the Property will result in development of the property and enhancement
of the City's tax base.
4. The sale of the Property will result in the creation of new jobs in the City.
5. The Property is valued at $24,000, and the City is considering selling the Property for
$1.00.
Section 3. Authorization.
The City Council approves the sale of the Property to TS Miller Co. (Rice Industries, Inc.)
The Mayor and the City Administrator 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 9th day of October, 2023.
BY: , 1-1-1 '�-
• .b R.fferty, Mayor
ATTEST:
Jolleen Chaika, City Clerk
Exhibit A
Legal Description
That part of Outlot B, Apollo Business Park, Anoka County, Minnesota lying southwesterly of
Line A as described below:
Line A:
Commencing at the most northerly corner of said Outlot B; thence on an assumed bearing
of South 58 degrees 02 minutes 08 seconds West along the northwesterly line of said Outlot
B a distance of 126.35 feet; thence southwesterly along said northwesterly line, being a
tangential curve concave to the southeast, having a radius of 799.00 feet, a central angle of
17 degrees 50 minutes 56 seconds and arc length of 248.91 feet; thence South 40 degrees
11 minutes 12 seconds West along said northwesterly line and tangent to said curve a
distance of 337.84 feet; thence southwesterly along said northwesterly line, being a
tangential curve concave to the southeast, having a radius of 799.00 feet a central angle of
04 degrees 36 minutes 00 seconds and an arc length of 64.14 feet; thence South 23 degrees
01 minutes 44 seconds West a distance of 347.44 feet to said northwesterly line and the
point of beginning of Line A to be described; thence South 57 degrees 35 minutes 05
seconds East a distance of 203.37 feet to the southeasterly line of said Outlot B and there
terminating.
Exhibit B
Parcel Map
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