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HomeMy WebLinkAboutCity Council Resolution 2007-040CITY OF PLYMOUTH RESOLUTION NO. 2007-040 APPROVAL OF ACQUISITION AGREEMENT FOR PARCEL NO. 14 (PIN 22-118-22-32-0019) FERNBROOK LANE IMPROVEMENTS CITY PROJECT 1013 WHEREAS, a memorandum of agreement has been prepared between the City and Holiday Station Stores, Inc., owners of Parcel 14 (PIN 22-118-22-32-0019), for the acquisition of permanent right- of-way and temporary constriction easements; and WHEREAS, for fiill compensation for conveyance of said property, the City of Plymouth shall pay the owners the sum of $102,600 for land and damages; and WHEREAS, said memorandum agreement has been signed by the owner and it is recommended for approval to the City Council; NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA: That the memorandum of agreement for Parcel No. 14 (PIN 22- 118-22-32-0019) between the City and Holiday Station Stores, Inc. is approved, and the Mayor and City Manager are authorized to sign the agreement on behalf of the City. Adopted by the City Council on January 23, 2007.