HomeMy WebLinkAboutEDA Resolution 23-02 LINO LAKES ECONOMIC DEVELOPMENT AUTHORITY
RESOLUTION NO.23-02
RESOLUTION APPROVING THE PURCHASE OF TAX FORFEITED LAND WITHIN THE CITY OF LINO LAKESS
WHEREAS, the Anoka County Board of Commissioners has identified land within the City of Lino
Lakes which has been forfeited to the State of Minnesota pursuant to Chapter 282 of the Minnesota
Statutes; and
WHEREAS, the Lino Lakes Economic Development Authority (the "EDA") has the authority to
purchase property for economic development purposes; and
WHEREAS, certain real land identified as Anoka County Tax Parcel, 18-31-22-41-0011, legally
described on Exhibit A, attached hereto, is located in the Apollo Business Park; and
WHEREAS,the parcel may be used for expansion of abutting industrial properties; and
NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners of the Lino Lakes
Economic Development Authority that:
1. The purchase of parcel 18-31-22-41-0011 is hereby approved and staff is authorized and
directed to notify the Anoka County Land Commissioner of the EDA's intent to purchase the property.
Approved by the Board of Commissioners of the Lino Lakes Economic Development Authority this
11th day of December 2023.
Presi ent,Ton Cavegn
ATTEST:
tak Ulf t •iis
Executive Director, Sarah Cotton
EXHIBIT A
Legal Description: That part of the Northeast Quarter of the Southeast Quarter of
Section 18, Township 31, Range 22 lying southerly of Apollo Drive and lying Northerly
of 135W and lying Northeasterly of the following described line: Commencing at the
most Easterly corner of Parcel 14, City of Lino Lakes Right of Way Plat No. 1, Apollo
Drive; thence South 68 degrees 12 minutes 20 seconds West (assumed bearing} along the
Southeasterly line of said Plat 60.07 feet; thence Southwesterly 243.99 feet along
said Southeasterly line being a tangential curve concave to the southeast having a
radius of 610 feet and a central angle of 22 degrees 55 minutes 02 seconds; thence
South 45 degrees 17 ninutes 18 seconds West tangent to said curve 280 feet to the
point of beginning of said line; thence South 44 degrees 42 minutes 42 seconds East
308.65 feet to intersect with the northeasterly right of way of I35W and said line
there terminating, except the East 383 feet thereof, Anoka County, Minnesota.
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