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<br />RESOLUTION No. 97-050 <br /> <br />1 <br />I ~, <br />I <br />I <br /> <br />:. <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />" <br />" <br />, <br /> <br />, <br />i RESOLUTION AUTHORIZING EXECUTION OF A LAND PURCHASE AGREEMENT <br />~SHELLUM). <br /> <br />! !WHEREAS, pursuant to Minnesota Statutes Sections 469.124 to 469.134, as amended, ("Act") the <br />i~ity has established Development District No 1 ("District") for the purpose of development and <br />i~edevelopment 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 for <br />I~he purpose of offering the same for redevelopment is consistent with the purposes for which the <br />,pistrict was established and is in the vital best interests of the City; and <br /> <br />iiWHEREAS, the City Council has reviewed the contents of the proposed Agreement, considered the <br />i reports of the city staff and consultants, and has fully inquired into the proposal. <br />" <br />I <br />:jNow, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF NEW BRIGHTON as follows: <br /> <br />" <br />; ~ <br />!! <br />:; 1 <br />:1 2. <br />" <br /> <br />That the proposed Agreement is in all respects approved; <br />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 reasonably necessary to carry out the City's obligations thereunder. <br /> <br />'i <br />i ~ <br />:iAdopted this 22nd day of July, 1997 <br />;! <br /> <br />'^ TTEST: <br /> <br />~~/ <br />.~,,' , ~~-,- <br />Robert Benke, ayor <br /> <br />;~ . <br /> <br />; [A.TTEST: <br />; ~ - <br />targ~~ <br /> <br />;IFinance Director/City Clerk <br />II <br />!I <br />:1 (Seal) <br />1 ~ <br />Ii <br />" <br /> <br />