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Council member Wise introduced the following resolution and moved for its adoption: <br />RESOLUTION #11 -02 -059 <br />RESOLUTION AUTHORIZING ACQUISITION OF TAX FORFEIT PROPERTY FOR <br />RESIDENTIAL PURPOSES <br />WHEREAS, the West 140 feet of Outlot K, Ramsey Town Center 8 Addition, Anoka <br />County, Minnesota, PIN# 28- 32 -25 -21 -0036, has forfeited to the State of Minnesota for non- <br />payment of taxes (the "Subject Property "); and <br />WHEREAS, the City of Ramsey is fee owner and developer of residential property in <br />proximity to the Subject Property; and <br />WHEREAS, it appears to be in the best interest of the City to acquire the Subject <br />Property to further its orderly development of residential property in proximity to the Subject <br />Property and to better realize a return on the public funds expended by the City in acquiring <br />much of the Ramsey Town Center Addition's unimproved property; and <br />WHEREAS, the City recognizes that in order to acquire the Subject Property, it will <br />need to pay its market value as set by the Minnesota Department of Revenue. <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: <br />1. The Mayor and City Administrator are hereby authorized to complete the application for <br />a state use deed and any other necessary paperwork to secure ownership of the Subject <br />Property for park purposes. <br />2. The Council hereby authorizes payment of the costs of acquisition and recording of the <br />tax deed, estimated at $15,000.00 and requires that any acquisition in excess of <br />$15,000.00 shall require additional City Council consideration and approval. <br />The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Tossey and upon vote being taken thereon, the following voted in favor thereof: <br />Mayor Ramsey <br />Councilmember Wise <br />Councilmember Tossey <br />Councilmember Backous <br />Councilmember Elvig <br />Councilmember Jeffrey <br />Councilmember McGlone <br />and the following voted against the same: <br />None <br />