HomeMy WebLinkAboutCity Council Resolution 2020-218
C ITY OF P LYMOUTH
R ESOLUTION N O. 2020-218
R ESOLUTION A PPROVING P URCHASE A GREEMENT FOR L AND A CQUISITION
LOCATED AT H IGHWAY 55 AND C OUNTY R OAD 73
WHEREAS, Minnwest Bank, owner of land identified by Property ID 3611822230058, has offered
the City of Plymouth to purchase said land consisting of 0.8 acres in an amount of $125,000.00; and
WHEREAS, the property is described as:
Outlot C, Crossroads Commons.
WHEREAS, the legal purchase agreement and official legal parcel description shall be prepared
by the City Attorney; and
WHEREAS, it is in the public interest to purchase this vacant land to preserve the future roadway
realignment of County Road 73.
NOW, THEREFORE BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA, that the purchase agreement in the amount of $125,000 plus associated legal and closing
costs in order to successfully acquire said property is approved and the funding shall come from the
Street Reconstruction Fund.
APPROVED by the City Council on this 28th day of July, 2020.
STATE OF MINNESOTA)
COUNTY OF HENNEPIN) SS.
The undersigned, being the duly qualified and appointed City Clerk of the City of Plymouth, Minnesota,
certifies that I compared the foregoing resolution adopted at a meeting of the Plymouth City Council on
July 28, 2020 with the original thereof on file in my office, and the same is a correct transcription
thereof.
WITNESS my hand officially as such City Clerk and the Corporate seal of the City this ___________day of
__________________, __________.
____________________________________
City Clerk