HomeMy WebLinkAboutResolution 4432
.
.
.
RESOLUTION NO. 4432
RESOLUTION APPROVING THE ACQUISITION OF LAND
FOR THE PROPOSED GOLF COURSE AND
AUTHORIZING EXECUTION OF PURCHASE AGREEMENTS
WHEREAS, the City appointed a Golf Course Task Force in 1992
to develop plans and financing methods for a proposed municipal
golf course in the northeast quadrant of the City; and
WHEREAS, the Golf Course Task Force, over a period of 14
months has determined that a profitable and challenging 9 hole
executive golf course and practice range can be constructed with
the purchase of additional land; and
WHEREAS, upon the recommendation of the Golf Course Task
Force, the City authorized negotiations to proceed for the
acqusition of additional land; and
WHEREAS, a purchase price has been negotiated for the
additional land for the golf course site as defined as: Lot 16,
Blaine Northstar Industrial Park and Lots 5, 4, and the southern
half of Lot 3, Preliminary Plat of the Mounds View Northstar
Industrial Park in the amount of $204,504.90 for Lot 16, and
$356,603.94 for Lot 5, 4, and the southern half of Lot 3 for a
total purchase price of $561,108.84.
NOW, THEREFORE BE IT RESOLVED THAT the city Council does
hereby approve the purchase of additinal land for the proposed golf
course, subject to the provisions of the purchase agreements and
does futher authorize the Mayor and City Administrator to exective
the final purchase agreements.
Adopted this 11th day of October, 1993.
ATTEST:
(SEAL)