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Agenda Packets - 1996/05/06
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Agenda Packets - 1996/05/06
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Last modified
1/28/2025 4:47:48 PM
Creation date
6/19/2018 7:22:07 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
5/6/1996
Supplemental fields
City Council Document Type
City Council Packets
Date
5/6/1996
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the property. <br /> 2. Once a negotiatedprice has been reached, a contract for purchase, with the <br /> g <br /> attached form of purchase agreement and"waiver of relocation payment" form <br /> must be executed by the seller for the acquisition process to continue. The <br /> relocation benefits which the seller agreed to waive, must be clearly explained at <br /> this time, if not explained previously. <br /> 3.rt The acquisition and disposition of the propertys in conte .with the Mounds <br /> View Comprehensive Plan. <br /> 4. Following EDA authorization of these a cements se Or <br /> wbCOd <br /> es" to::< } <br /> assemble or supplyall required documen nprior closing. `'` <br /> 5. The seller must be prepared to vacate the property.....on the day of closing. <br /> ...:.......... ....... <br /> ........................... <br /> ............................. <br /> Special considerations during the acquisitot . ss: <br /> a. Non-homestead vacant propertyllsdered for <br /> b. Tenant occupied propertyaxnot <br /> c. Property expenses related to maintenance, taxes, and insurance should be <br /> minimized since thgrmA does n t intend,.t `retail title to the property. <br /> ....... <br /> ....... <br /> :::::::. <br /> ....... <br /> ....... <br /> ....... <br /> d. :::::::::..Review appraisal ervices € be pa of the negotiating rocess to determine <br /> e. '< >•:Megg`'bated priee$X4niaprably below the assessor's market value, may <br /> atdv..ithout a1'on a case by case basis if the seller concurs. <br /> .> ' fcNumbe ;� Otions is determined by available resources (funding and staff. <br /> • <br /> 5 <br />
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