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HomeMy WebLinkAboutCity Council Resolution 1988-421CITY 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 the 18th day of July , 1988. The following members were present: Mayor Schneider. Councilmembers Vasilinn._icker Zitur and Sisk , The following members were absent: Hone Councilmember Zitur introduced the following Resolution and moved its adoption: RESOLUTION NO. 88- 421 DECLARING PROPERTY SURPLUS AND AUTHORIZING SALE HIGHWAY 55 AT REVERE LANE CITY PROJECT 815 WHEREAS, the City of Plymouth purchased property recorded as Document No's 1485814, 4703698 and 4703696 for the construction of a frontage road along the northside of Hwy. 55 at Quaker Lane and WHEREAS, development plans have been approved for development of the prcperty at the same location which will require reconstruction of the frontage road system and WHEREAS, a portion of the previously purchased property will no longer be necessary for the new frontage road and WHEREAS, development plans have been approved which incorporates this excess property into the development at each side of the new intersection and WHEREAS, it is in the best interest of the City to transfer ownership of the property NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA AS FOLLOWS: 1. That the excess right-of-way along the northside of Hwy. 55 at Revere Lane indicated as Parcel No. 1 and Parcel No. 2 in a survey prepared by Strgar Roscoe Fausch, Inc. for the City of Plymouth is hereby declared as surplus property. 2. That the Mayor and City Manager are authorized to execute a deed transfering ownership of the property to the owner of the immediate adjacent property. 3. That after transfer of ownership by the City the property must be incorporated with the adjacent property when it is platted for development. 4. That the selling price of the property is established at $2.25 per square foot and there is 11,234 square feet contained in Parcel No. 1 and 34,289 square feet contained in Parcel No. 2. Resolution No. 88-421 Page Two 5. That the funds received by the City for the sale of property will be deposited in the City's Minnesota State Aid Account which is the account which originally purchased the property. The motion for the adoption of the foregoing Resolution was duly seconded by Councilmember Sisk , and upon vote being taken thereon, the following voted in favor thereof: Mayor Schneider, Councilmembers Vasiliou. Ricker , Zitur and Sisk The following voted against or abstained: None Whereupon the Resolution was declared duly passed and adopted.