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HomeMy WebLinkAboutCity Council Resolution 2007-206CITY OF PLYMOUTH RESOLUTION NO. 2007-206 APPROVAL OF ACQUISITION AGREEMENT FOR PARCEL NO. 1 (PIN 21-118-22-44-0021) FERNBROOK LANE IMPROVEMENTS CITY PROJECT NO. 1013 WHEREAS, a memorandum of agreement has been prepared between the City and First Industrial, LP, owners of Parcel No. 1 (PIN 21-118-22-44-0021), for the acquisition of permanent 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 $57,200 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. 1 (PIN 21- 118-22-44-0021) between the City and First Industrial, LP 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 May 8, 2007.