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HomeMy WebLinkAboutCity Council Resolution 2009-266CITY OF PLYMOUTH RESOLUTION No. 2009-266 A RESOLUTION FOR ACQUISITION OF PROPERTY FOR THE NORTHWEST GREENWAY WHEREAS, the Director of Parks and Recreation has negotiated a purchase of 9.8 acres of property at located at Dunkirk Lane (PIN 4 05-118-22-42-0002); and WHEREAS, the purchase price has been agreed to at $1,390,000; and WHEREAS, the City Attorney's office has developed a purchase agreement which has been signed by Craig Scherber for the sale of property at Dunkirk Lane (PIN 4 05-118-22-42- 0002); NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, that the purchase agreement in the amount of $1,390,000 is hereby approved; and further, that the Mayor and City Manager are authorized to sign said purchase agreement; and fiirther, that the funding for this project will come from Park Dedication Funds, but it is anticipated that in the future, the cost of this project will be rolled into a fiiture bond sale for open space property. APPROVED THIS 27TH DAY OF OCTOBER, 2009.