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newly constructed Sunwood Drive extension. This is approximately 11.2 acres, whick (~ the <br />subject of the February 18, 1999 purchase agreement between the City and ACCAP. <br />this ordinance is consistent with the settlement agreement the Council previously app-r~ed with:'`.;' <br />regard to the lawsuit commenced by ACCAP on this subject. <br /> <br />Motion by Councilmember Anderson, seconded by Councilmember Kurak,:t~ i'a~pt Ordinance # <br />__. authorizing the sale of the property legally described on Exhibit A~ w:tiigh is approXi'mat~, <br />11.2 acres site sold to ACCAP pursuant tod February 18, 1999 purc~ agreeing, i <br />Further discussion: Councilmember Hendriksen stated that he. d6'~¢'noi'~Pport extending a tax <br />refund in the amount of $190,000. Councilmember An~te~rs:°~ replied' {hat Councilmember <br />Hendfiksen negotiated the contract. Councilmember Hen~ik~en replied that he negotiated the <br />purchase the pr/ce several years ago. <br /> <br />A roll call vote was preformed by the Recording Secretary: <br /> <br />Councilmember Kurak aye <br />Councilmember Zimmerman no <br /> <br />Councilmember Hendriksen <br />Councilmember Anderson <br />Mayor Gamec <br /> <br /> ves. <br /> yes-'" <br /> <br />Motion carried. <br /> <br /> Motion by Mayor Gamec, seconded by Councilmember Anderson, to authorize the Mayor and <br /> City Administrator ,to exeCUte the necessary .legal documents to sell the real property legally <br /> described on Exhibit A purSUant to the termS'for the. February 18, 1999 purchase agreement <br /> between the City and ACCAP.'and the terms o£'~rt~esettlement agreement between the City and <br /> ACCAP relating to the Anoka County District Court law suit commenced by ACCAP to compel <br /> closing on the purchase agreement. - <br /> <br /> Motion carried. V~oting Yes: Mayor Gamec, Councilmembers Anderson, and Kurak. Voting <br /> '-No:' :Councilmembers Hendriksen and Zimmerman. <br /> <br /> Case #10: = Report fromEeonomie Development Authority <br /> <br /> The Economic Development Authority (EDA) met on Monday, August 20, 2001, and discussed <br /> the following cases: <br /> <br /> 1) Sunfish Commons Resolving Loan <br />· ItemWas tabled. <br /> <br /> 2) ,. 'Highway #10 Industrial Development <br /> Item was tabled. <br /> <br />-38- <br /> <br />City Council/September 11, 2001 <br /> Page 20 of 22 <br /> <br /> ! <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br />I' <br />I <br />I <br />I <br /> <br /> <br />