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RESOLUTION NO. 4432 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />RESOLUTION APPROVING THE ACQUISITION OF LAND FOR THE <br />PROPOSED GOLF COURSE AND AUTHORIZING EXECUTION OF <br />PURCHASE AGREEMENTS <br />WHEREAS, the City appointed a Golf Course Task Force in 1992 <br />to develop plans and financing methods for a proposed municipal <br />golf course in the northeast quadrant of the City; and <br />WHEREAS, the Golf Course Task Force, over a period of 14 <br />months has determined that a profitable and challenging 9 hole <br />executive golf course and practice range can be constructed with <br />the purchase of additional land; and <br />WHEREAS, upon the recommendation of the Golf Course Task <br />Force, the City authorized negotiations to proceed for the <br />acquisition of additional land; and <br />WHEREAS, a purchase price has been negotiated for the <br />additional land for the golf course site as defined as: Lot 16, <br />Blaine Northstar Industrial Park and Lots 5, 4, and the southern <br />half of Lot 3, Preliminary Plat of the Mounds View Northstar <br />Industrial Park Industrial Park in the amount of $204,504.90 for <br />Lot 16, and $356,603.94 for Lot 5, 4, and the southern half of Lot <br />3 for a total purchase price of $561,109.74. <br />NOW, THEREFORE BE IT RESOLVED THAT the City Council does <br />hereby approve the purchase of additional land for the proposed <br />golf course, subject to the provisions of the purchase agreements <br />and does further authorize the Mayor and City Administrator to <br />execute the final purchase agreements. <br />Adopted this filth day of October, 1993. <br />ATTEST: <br />(SEAL) <br />City Administrator <br />