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CITY OF HUGO <br />RESOLUTION 2000 - 35 <br />AUTHORIZING THE MAYOR AND CITY CLERK TO SIGN A PURCHASE <br />AGREEMENT AND OPTION AGREEMENT FOR THE SALE OF PROPERTY TO <br />SCHWIETERS CONSTRUCTION <br />WHEREAS, Schwieters Construction has requested that the City enter into a purchase <br />agreement and option agreement with Schwieters Construction for property legally <br />described as follows: <br />Outlot A, Bald Eagle Industrial Park 3`d Addition <br />WHEREAS, pursuant to the Municipal Development District Act, the City has <br />established Development District No. 1, which boundaries are contiguous with the City's <br />corporate limits, for the purpose of promoting commercial and industrial development <br />with the City; and, <br />WHEREAS, the City desires to enter into purchase and option agreements with various <br />businesses to sell or otherwise make available lots for development within the plat <br />generally known as the Bald Eagle Industrial Park. <br />NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF HUGO, MINNESOTA, that it should and hereby does authorize the <br />Mayor and City Clerk to sign a purchase agreement and option for Outlot A, Bald Eagle <br />Industrial Park 3'd Addition, as contained in the draft agreements dated 2000 <br />ADOPTED by the City Council this 18th day of September 2000. <br />STATE OF MINNESOTA) <br />COUNTY OF WASHINGTON) SS <br />