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<br />~' <br /> <br />I' <br />~,r <br /> <br />) <br />I ,t;, <br />I <br /> <br />RESOLUTION No. 99 -1 0 7 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION AUTHORIZING EXECUTION OF A LAND PURCHASE AGREEMENT FOR 642 <br />5TH AVENUE NW (LARSON). <br /> <br />WHEREAS, pursuant to Minnesota Statutes Section 469.124 to 469.134, as amended, ("Act") the City <br />. has established development District No 1 ("District") for the purpose of development and <br />redevelopment within the City; and <br /> <br />t 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 for <br />the purpose of offering the same for redevelopment is consistent with the purposes for which the <br />District was established and is in the vital best interests of the City; and <br /> <br />WHEREAS, the City Council has reviewed the contents ofthe proposed Agreement, considered the <br />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 <br />I 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 of the 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 />'i Adopted this 26 day of OCTOBER, 1999. <br /> <br />~ <br /> <br />Robert Benke, ayor <br /> <br />i '-: -._, <br />" ATTEST: <br /> <br />~~jJ 9 * ()h-. <br /> <br />Ma~ew S. Fulton, City Manager <br /> <br /> <br />j,! <br /> <br />, , <br />. , <br />, <br /> <br />(Seal) <br /> <br />: ~ <br /> <br />I:\SHAREDlCOUNClLIRESOLUTI\I999\99-CDILARSON.WPD <br />