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HomeMy WebLinkAbout1999-048 Council ResolutionCouncil Member Lyden introduced the following resolution and moved its adoption. CITY OF LINO LAKES RESOLUTION NO. 99-48 A RESOLUTION DIRECTING PREPARATION OF AN ORDINANCE CONVEYING PROPERTY TO THE BLAINE AMERICAN LEGION WHEREAS, the City is the legal owner of certain real property in the County of Anoka, State of Minnesota, specifically Lot 15, Block 2, Carole's Estates 2nd Addition; and WHEREAS, the City has vacated this property and anticipates its eventual sale; and WHEREAS, the Blaine American Legion and the City of Lino Lakes have executed an option agreement regarding the opportunity to purchase this property; and WHEREAS, the City obtained a professional appraisal of the value of the property; and WHEREAS, the sale of the property to the Blaine American Legion will generate property tax revenue several years earlier than anticipated; and WHEREAS, the redevelopment of the property by the Blaine American Legion is expected to stimulate additional commercial development; and WHEREAS, the resulting American Legion facility is a potential employer of City Residents; and WHEREAS, in consideration of these benefits, the City desires to sell the property to the Blaine American Legion for a purchase price that is less than the appraised value. NOW THEREFORE, BE IT RESOLVED, that the City Attorney and City Administrator are directed to prepare for City Council consideration, an ordinance authorizing the sale of Lot 15, Block 2, Carole's Estates 2nd Addition to the Blaine American Legion for the price of $50,000 plus any application assessments. Adopted by the Lino Lakes City Council this 28 day of Ju Mari yn G. M'iderson, Clerk -Treasurer e, 19 ullivan, Mayor The motion for adoption of the foregoing resolution was duly seconded by Council Member Neal and upon vote being taken thereon, the following voted in favor thereof: Bergeson, Dahl, Lyden, Neal, Sullivan. The following voted against same: None