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HomeMy WebLinkAboutCity Council Resolution 2007-066CITY OF PLYMOUTH RESOLUTION NO. 2007-066 APPROVAL OF ACQUISITION AGREEMENT FOR PARCEL NO. 18 (PIN 22-118-22-33-0002) FERNBROOK LANE IMPROVEMENTS CITY PROJECT 1013 WHEREAS, a memorandum of agreement has been prepared between the City and K S Realty Co., owners of Parcel 18 (PIN 22-118-22-33-0002), 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 $48,000 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. 18 (PIN 22- 118-22-33-0002) between the City and K S Realty Co. 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 February 13, 2007.