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ORDINANCE N0.732 <br />CITI! OF MOUNP.$ Vl~li~f : ,; <br />a<.'tt'~Uj~~1('pF R~~rti rl .b~G <br />~~~~~ MINp~~1~~,~ ~.,,t. <br />AN ORDINANCE +~THORIZING TFIE <br />TRANSFER OF REAL PROPERTY <br />TO~TMHE ~ CrfY OF MOUNDS VIEW <br />MOUNDS VIEW ECONOMIC <br />DEVELOPMENT AUTHORITY <br />THE CITY OF MOt1NDS VIEW <br />ORDAINS: <br />SECTION 1.'4Ppendix D of the Mounds <br />lrew Municipal Code entitled "Speaal <br />Ordinances" is hereby amended to <br />O a1~?1Ce ~ erpnQe to the following <br />32.' <br />Subdivision 1. The City of Mounds View <br />owns three parcels of ~~.~ County <br />Road'H2 in Ramsey County, Minim <br />Fhe legaf descriptions of the ' prbpe~-ty <br />being as follows: <br />lCnollrwod Para Lot 34 and rile soueh <br />500 feet of Lot 35, Ramsey County <br />Subdivision 2. It is the desire of the City <br />to transfer ownership of the three parcels <br />to the Mounds View Economk <br />Development Authority to consolidate <br />parcel ownership within one municipal <br />entity. <br />Subdivision 3. The City antiapates that <br />the Mounds View EQA will enter into <br />.subsequent Purchase and': <br />Redevelopment AgreertreM, with a third <br />party to deyebp a :single family <br />residential subdivision. <br />Subdvision 4: The City Counaf has <br />determined that conveyance of the City <br />property will further the pubik interest. <br />Subdivision 5. AS provided by Section <br />12.05 of the City Charter, the City Carnal <br />authorizes conveyance of the above- <br />referenced property to die Mounds V'~ew <br />Economic Development Authority, for one <br />dollar ($1.00) and other .good end <br />valuable consideration, the receipt of <br />which is adawwl8dged tiY the-City. <br />Subdivision. 6. The .City Council <br />authorizes and directs City staff end <br />~nsultarrts to take any and aN necessary <br />.action to prepare the appropriate <br />documents .and/or agreements to <br />facilitate-the directives and invent of the <br />City Council as provided herein. <br />SECTION 2. This ordinance is effective <br />thirty days after its publication. <br />Read by the City Countyt of the City of <br />Mounds Viaw this 22nd .day of March, <br />2004, <br />Read and passetl by the City Councl of <br />the City of Mounds View on this 12th day <br />of April, 2004. <br />(Bulletin: Apr. 21, 2004) <br />Jerry Llnke <br />:Mayor <br />ATTEST <br />- Kurt UTAch <br />City Clerk-Administrator <br />APPROVED AS TO FORM: <br />City At~rmey <br /> <br /> <br />