HomeMy WebLinkAboutCity Council Resolution 1992-732CITY OF PLYMOUTH
RESOLUTION NO. 92-732)
AUTHORIZING PURCHASE OF MARION ESS PROPERTY
WHEREAS, the City's comprehensive park plan identifies a major
park preservation site located approximately northeast of
Fernbrook Lane and County Road 9, and
WHEREAS, the owner of said property has requested the City
purchase said property, and
WHEREAS, a purchase agreement has been negotiated with the land
owner at a price below the appraised value, and
WHEREAS, the Park and Recreation Advisory Commission has reviewed
and recommended the acquisition of this property,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA, that the acting City Manager and Mayor are
authorized to enter into a purchase agreement for said property
at a cost of $198,000 spread over three years as the terms and
conditions are called for in the purchase agreement, and further,
that said money is to be taken from park dedication funds.
Adopted by the City Council on November 16, 1992