HomeMy WebLinkAboutCity Council Resolution 2015-236CITY OF PLYMOUTH
RESOLUTION No. 2015-236
RESOLUTION APPROVING THE PURCHASE OF REAL PROPERTY
AND DISPENSING WITH STATUTORY REQUIREMENTS FOR
REVIEW BY PLANNING COMMISSION OF ACQUISITION OF PROPERTY
WHEREAS, the City is proposing to acquire property legally described in the attached
Exhibit "A" ("Property') under the terms of the proposed purchase agreement between Brady K.
O'Brien and Patricia E. O'Brien ("Sellers") and the City ("Purchase Agreement"), attached hereto
and incorporated herein as Exhibit B, and;
WHEREAS, the City proposed to purchase approximately 5,500 square feet of the
Property for a road improvement project and the Sellers requested that the City purchase the
entire parcel given the proximity of the road improvements to the Sellers' residence;
WHEREAS, Minn. Stat. § 462.356, subd. 2 requires that the Planning Commission review
the City's proposed acquisitions and dispositions of property, and;
WHEREAS, Minn. Stat. § 462.356, subd. 2 provides for an exception from the
Planning Commission review requirement upon 2/3 vote of the City Council dispensing
with the requirement and finding that the acquisition or disposal of the property has no
relationship to the comprehensive municipal plan, and;
WHEREAS, the City has negotiated a purchase price of $750,000 for said 4.5 acres
property, and;
WHEREAS, under the terms of the purchase agreement, the City agrees to lease to
Brady O'Brien and Patricia O'Brien the City property with no monthly payment until February
15, 2016, and;
WHEREAS, the funding for the purchase of the property will be in the total project
cost which will be funded by Street Reconstruction Bonds ($8.875 M), State Aid Bonds
($8.525 M) and the Street Reconstruction Fund ($2.0 M), and;
WHEREAS, the City Council has reviewed said purchase agreement.
NOW, THEREFORE BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PLYMOUTH, MINNESOTA, that the purchase agreement between the City of Plymouth and Brady
and Patricia O'Brien for the property located at 5335 Vicksburg Lane North is hereby approved,
and further, that the Mayor and City Manager are authorized to sign the purchase agreement is
hereby approved.
APPROVED by the City Council on this 28th day of July, 2015.