Agenda - Council - 09/14/2010 - Laserfiche WebLink

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CASE # 1 D CONSIDER ADOPTION OF SALE ORDINANCE FOR APPROXIMATELY FIVE ACRES OF CITY OWNED PROPERTY IN THE RIVER'S BEND ADDITION NEAR THE INTERSECTION OF XKIMO STREET AND 142 " AVENUE By: William K. Goodrich, City Attorney Background: As the City Council is aware, the then City Council in February, 2006 approved a purchase agreement with Rivers Bend Holdings, LLC for the sale of certain real property in Government Lots 3 and 6, Section 36, Township 32, Range 25. A copy of the referenced purchase agreement is attached for your review. A review of Council minutes reveals that the mandatory sale ordinance for the parcel has never been adopted by the City Council. Therefore, that sale ordinance is now being presented to the City Council for adoption. For Council information, if the sale ordinance is adopted, it does not become effective for 30 days after publication during which time, as with any City ordinance, citizens may petition to have a referendum on whether or not the ordinance is to take effect. At the August 24, 2010 City Council meeting, the proposed sale ordinance received a split 3 -3 vote at the introduction stage. The ordinance was introduced on September 7'", 2010 and is now eligible for adoption. Enclosure: Proposed Sale ordinance February, 2006 Purchase Agreement Map showing Subject Property Recommendation: Pursuant to City Council discussion. Funding Source: N/A Council Action: Motion to waive the Charter requirement to read the ordinance out lout and to adopt/not adopt Ordinance 10- XXX which is an ordinance authorizing the sale of the property legally described as (see attached Exhibit A) and which real property is being platted as Outlot B, River's Bend 5 Addition, Anoka County, Minnesota. Revi City CC: Roll Call Vote: Councilmember Wise Councilmember Look Councilmember Elvig