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HomeMy WebLinkAboutResolution 96-EDA53 . . . RESOLUTION NO. 96-EDA-53 MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY CITY OF MOUNDS VIEW COUNTY OF RAMSEY ST ATE OF MINNESOTA RESOLUTION AUTHORIZING CONVEYANCE OF REAL PROPERTY WHEREAS, the Mounds View Economic Development Authority, Mounds View, Minnesota ("Authority") is a public body corporate and politic organized and operating under Minnesota law, as amended, and is authorized to sell real estate in the mmmer provided by law; and WHEREAS. the Authority finds it desirable to sell the real estate described in Exhibit A attached hereto known as the Bel-Rae Ballroom site ('"Subject Property") for the purpose of promoting the health, safety and welfare of the residents of the City of Mounds View, Minnesota ("City"); and WHEREAS, the City has offered to purchase the Subject Property from the Authority for the sum of $1.00 pursuant to Minnesota Statutes, Section 471.64. NOW, THEREFORE, BE IT RESOLVED by the Commissioners of the Mounds View Economic Development Authority, as follows: 1. ') .... The Commissioners hereby find that the sale of the Subject Property to be suitable, necessary and reasonable and for a public purpose to serve the needs of the citizens and property owners ofthe City. Authority staff are hereby authorized and directed to take all necessary steps to convey the Subject Property to the City for $1.00 by quitclaim deed, including. without limitation, the preparation and execution of all appropriate documents. Adopted by the Mounds View Economic Development Authority, Mounds View, Minnesota this 23rd day of September, 1996. ATTEST: C herine Bennett, E ecutive Director . . . EXHIBIT A TO RESOLUTION NO. 96-EDA-53 LEGAL DESCRIPTION OF SUBJECT PROPERTY Lots nineteen (19), twenty (20), twenty-one (21) and twenty-two (22), and that part of Lot sixteen (16) lying north of a line drawn between the southeasterly corner of Lot nineteen (19) and the southwesterly comer of Lot four (4), except the East sixty-six (E.66) feet of said Lot sixteen (16), all in Block five (5), Pinewood Terrace No.2, according to the plat thereoffiled of record in the office of the Registrar of Titles within and for Ramsey County. Together with all easements appm1enant thereto, all gaps, overlays, and gores contained therein, and all streets and alleys, vacated or to be vacated, which may accrue thereto upon vacation. Fonn No. 30-M - QUIT CLAIM DEED ~innesola Unifonn Conveyancing Blanks (19i8) Corporation or Partnership to Corporation or Partnership . No delinquent taxes and transfer entered; Certificate of Real Estate Value ( ) filed ( ) not required Certificate of Real Estate Value No. , 19_ County Auditor by Deputy STATE DEED TAX DUE HEREON: $ Date: , 1996 (reserved for recording data) FOR VALUABLE CONSIDERA nON, Mounds View Economic Development Authority, a public body corporate and politic under the laws of Minnesota, Grantor, hereby conveys and quitclaims to the City of Mounds View, Grantee(s), a municipality organized under the laws of Minnesota, real property in Ramsey County, Minnesota, described as follows: Lots nineteen (19), twenty (20), twenty-one (21) and twenty-two (22), and that part of Lot sixteen (16) lying north of a line drawn between the southeasterly comer of Lot nineteen (19) and the southwesterly comer of Lot four (4), except the East sixty-six (E. 66) feet of said Lot sixteen (16), all in Block five (5), Pinewood Terrace No.2, according to the plat thereof filed of record in the office of the Registrar of Titles within and for Ramsey County. .' Together with all easements appurtenant thereto, all gaps, overlaps, and gores contained therein, and all streets and alleys, acated or to be vacated, which may accrue thereto upon vacation. (if more space is needed, continue on back) The Grantor certifies that the Grantor does not know of any wells on the described real property. MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY By Its ~ Its Affix Deed Tax Stamp Here STATE OF MINNESOTA } 55 COUNTY OF The foregoing was acknowledged before me this day of , 1996 . by , the of and and MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY, on behalf of the Authority. NOTARIAL STA.\1P OR SEAL (OR OTHER TITLE OR RANK) . SIGNATURE OF PERSON TAKING ACK~OWL[DGf\1[~T Tax Statements for the real propcrty described in this insIrumcnt should be sent to (include name and address of Grantee): THIS I~STRU:VIENT WAS lJRAFI ElJ llY (NAME AND ADDRESS): City of Mounds View 240 I Highway I U !\i!r.'l!1,h Vi..", 1I,A"l\! "'.'i 11 ?11Q(l Kennedy & Graven, Chartered 4 70 Pi IIsbury Center 200 South Sixth Street Minneapolis, Minnesota 55402 (612) 337-9300 . I ~'JG1l0:83 :.':'J2 05 -: