HomeMy WebLinkAboutCity Council Resolution 1978-450CITY OF PLYMOUTH •
Pursuant to due call and notice thereof, a regular meeting of
the City Council of the City of Plymouth. Minnesota was held on We
17th day of July 19 78. The following members were
present:
The following members were absent:
Councilmember Seibold introduced the following Resolution and
moved Its a pt on:
RESOLUTION NO. 78-450
AUTHORIZING AN AGREEMENT WITH THE RAUENHORST CORPORATION FOR ACQUISITION OF LAND FOR
PUBLIC PARK PURPOSES
WHEREAS, the Plymouth City Council on July 10, 1978 did authorize the City Manager
to negotiate the acquisition of a certain tract of land owned by the Rauenhorst
Corporation for public park purposes; and,
WHEREAS, the City Manager offered to purchase said land from the Rauenhorst Corpora-
toin for $370,000, which offer was rejected by the owners as not being adequate; and,
WHEREAS, the City Manager in his negotiations with representatives of the Rauenhorst
Corporation has arrived at a negotiated pr4ce for the acquisition in the amount of
$380,000, which amount is in the judgment of the City Council a fair and reasonable
sum for said land; and,
WHEREAS, the City Manager has recommended that the City execute a purchase agreement
by the terms of which the City would pay to the Rauenhorst Corporation the sum of
$380,000 for said land;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH,
MINNESOTA that the Mayor and City Manager be and the same are hereby authorized and
directed to enter into a purchase agreement with the Rauenhorst Corporation by the
terms of which the City will acquire 73.82 acres of land, more specifically described
in Exhibit A attached hereto, for public park purposes for the sum of $38,000.
BE IT FURTHER RESOLVED that the following sums be and the same are hereby appropriated
for this property acquisition:
Fa k Dedication Fund (Central Park Account) $ 75,000.00
Stats Department of Natural Resources Grant 41,400.00
Storm Sewer Reserve (Bassett Creek Account) 41,000.00
General Fund Surplus (including LAWCON Grant) 222,600.00
TOTAL $380,000.00
The notion for the adoption of the foregoing Resolution was duly seconded by
and upon vote being taken thereon, the
following vo n favor thereof: ActinQ Mayor cpet Councilmamhprs 14
Neils and Seibold ,
The following vo against orabstained;one
Whereupon the Resolution was declared duly pans!d and adopte ,