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R--76-15 <br />RESOLUTION <br />CITY OF LAKE ELMO <br />WASHINGTON COUNTY, MINNESOTA <br />A RESOLUTION APPROVING SALE OF .11 ACRE TRACT OF <br />LAND TO LAKE ELMO HARDWOOD LUMBER COMPANY <br />WHEREAS, the City Council has heretofore negotiated with Lake Elmo Hardwood <br />Lumber Company with respect to a triangular tract of land on the southerly edge of <br />Lions Park which tract of land is approximately .11 acre in size. The City has <br />heretofore indicated a willingness to sell said tract of land to Lake Elmo Hardwood <br />Lumber Company at its appraised value of $1750.00 provided Lake Elmo Hardwood Lumber <br />Company improved the drainage of water from its property so as to protect the tennis <br />courts in the adjacent park property; and <br />WHEREAS, it appears that the said triangular piece of land is of no value to <br />the City park but it would be of substantial importance to the City to have Lake <br />Elmo Hardwood Lumber Company improve the drainage from its property so as to pro- <br />tect the City park; and <br />WHEREAS, the City Park Advisory Committee has approved the sale of said trian- <br />gular piece of land to Lake Elmo Hardwood Lumber Company on such conditions as may <br />be necessary to insure that Lake Elmo Hardwood Lumber Company will improve the <br />drainage of surface water from its land so as to protect the City park property: <br />NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Lake Elmo <br />hereby authorizes the sale of said triangular tract of land being approximately <br />eleven hundredths of an acre in size to Lake Elmo Hardwood Lumber Company for tkec <br />price of $1750.00 per acre. <br />BE IT FURTHER RESOLVED, that the proceeds of said sale are to be deposited in <br />the City park funds. <br />Adopted by the City Council this 18th day of May, 1976. <br />ZZAJ <br />May and L. Eder, Mayor <br />Attest. <br />Donald Mehs'Y� Omer, Clerk <br />