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<br />,! <br /> <br />" <br /> <br />. <br /> <br />RESOLUTION NO. 00-007 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />.. <br /> <br />RESOLUTION AUTHORIZING EXECUTION OF A LAND PURCHASE AGREEMENT FOR 624 <br />5TH AVENUE NW (Ringwelski and Hoff). ". ,'" <br /> <br />WHEREAS, pursuant to Minnesota Statutes Section 469.124 to 469.134, as a:nend~d, ("Act") the <br />City has established development District No 1 ("District") for the purpose of development and <br />redevelopment within the City; and <br /> <br />WHEREAS, the City has been presented with a purchase agreement ("Agreement") involving the <br />purchase of land within the District; and <br /> <br />WHEREAS, the City Council determines that the purchase of the lands described in the Agreement <br />for the purpose of offering the same for redevelopment is consistent with the purposes for which <br />the District was established and is in the vital best interests of the City; and <br /> <br />WHEREAS, the City Council has reviewed the contents of the proposed Agreement, considered <br />the report of the city staff and consultants, and has fully inquired into the proposal <br /> <br />NoW, THEREFORE, BE IT RESOLVED by the City Council of the City of New Brighton as follows: <br /> <br />1. That the proposed Agreement is in all respects approved; <br />2. That the Mayor and City Manager are hereby authorized to execute an agreement in <br />substantially the form ofthe proposed Agreement; and to take all steps and do all acts and <br />things reasonable necessary to carry out the City's obligation thereunder. <br /> <br />~ .'. <br />- Adopted byfhe::Cij}' Council this 11th day of January, 2000. <br /> <br /> <br />, Finance Director/City Clerk <br /> <br />~laAMn <br /> <br />Steve Larson, Mayor <br /> <br />'04 <br /> <br />Matthew S. Fulton, City Manager <br /> <br />- ATiE~T:----~ <br /> <br />SEAL <br /> <br />1:\SHARED\CQUNCIL\Resolutionsl2000\Comm DevlRingwelski,wpd <br />