Agenda Packets - 1993/12/14 - Laserfiche WebLink

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Edina Really... North Suburban Office 4570 Churchill Street Shoreview, Minnesota 55126 (612) 483-8500 City of Mounds View December 7, 1992 2401 Highway 10 Mounds View, Minnesota 55112 Attn: Paul Harrington Re: Request for City to purchase 9 . 3 acres, NEC Highway 10 and Edgewood Drive, Lots 16, 17 & 18, Block 5, Pinewood Terrace No. 2 (see enclosed documents) . Honorable Mayor and Council Members: I represent the owner of the above property in Mounds View, and have been researching the property to help the him determine whether to develop the property or to sell it. The current condition of the property, and the restrictions on it, indicate that it is not privately developable, as it once was. The documented history of the property shows that the City has played a major role in creating the current conditions and restrictions, and has plans for the use of the property, . Therefore, the owner, respectfully requests that the City of Mounds View formally take action to purchase the property. Although it is not privately developable, City plans indicate that it can be developed by the City as part of its drainage system and its park and recreation system. It is also our understanding that the City has an interest in acquiring wetlands in the interest of long term preservation. Attached is a brief history of the property, along with documentation of that history, explaining why owner wants City to purchase the property. The owner has exercised enormous patience in trying to develop the property, and has extended full cooperation to the City in its many requests of him. He is advancing in years and now wishes to resolve this problem. With your permission, I will attend the December 14th Council Meeting to discuss it further. eully, Terry D. J. Moses Enclosures: Partial History of the Property Documents # 1 thru 84 Edina Realty is a Metropolitan Financial Corporation company. ®MLS 0