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<br /> <br />ORDINANCE NO. 669 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />AN ORDINANCE AUTHORIZING DISPOSAL BY SALE <br />OF REAL PROPERTY OWNED BY CITY <br /> <br /> <br />THE CITY OF MOUNDS VIEW ORDAINS: <br /> <br />SECTION 1. Appendix D of the Mounds View Municipal Code entitled “Special Ordinances” is hereby amended to <br />include reference to the following Ordinance 669. <br /> <br /> Subdivision 1. The City of Mounds View owns an approximate 1 acre parcel of land in Ramsey County, <br />Minnesota, the legal description of the property being as follows: <br /> <br />That part of the Southwest Quarter of the Northwest Quarter of Section 8, Township 30 North, Range 23 West, <br />Ramsey County, Minnesota, lying northeasterly of the northeasterly right-of-way line of State Trunk Highway <br />No. 10-62, lying south of the westerly extension of the south line of Lot 19, Block 5, Pinewood Terrace No. 2. <br />according to the recorded plat thereof, Ramsey County, Minnesota, and lying southeasterly of the following <br />described line: <br /> <br />Commencing at the northwest corner of Lot 22, Block 5, said Pinewood Terrace No. 2; <br />thence southerly on an assumed bearing of South 00 degrees 46 minutes 46 seconds East, <br />along the west line of said Lot 22, a distance of 73.58 feet to the point of beginning of the <br />line to be described; thence southerly a distance of 330.62 feet along a tangential curve <br />concave to the northwest having a radius of 383.00 feet and a central angle of 49 degrees 27 <br />minutes 34 seconds; thence South 48 degrees 40 minutes 48 seconds West, tangent to the <br />last described curve, a distance of 186.68 feet to the northeasterly right-of-way line of State <br />Trunk Highway No. 10-62 and there terminating. <br /> <br /> <br />Subdivision 2. Meridian Properties Redevelopment, LLC, d/b/a TOLD Development Company has applied for a <br />Planned Unit Development (PUD) to construct a Walgreens Drugstore and restaurant on the City property, has offered <br />approximately 8.0 acres of land commonly known as the “Midland Videen land” in exchange for the City property, and <br />has offered to make certain improvements to both properties. In exchange for such land and improvements, the City <br />desires to convey the property to allow development thereof. The City Council has determined that conveyance of the City <br />property will further the public interest.