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CC Regular Session 4. 13. <br />Meeting Date: 10/09/2012 <br />Submitted For: Kurt Ulrich By: Bill Goodrich, Administrative Services <br />Information <br />Title: <br />Adopt Resolution #12-10-XXX Identifying the terms of Sale of Outlot A Ramsey Town Center 3rd Addition <br />Background: <br />On August 28, 2012 the City Council adopted Ordinance #12-13 which authorized the sale of Outlot A, Ramsey <br />Town Center 3rd Addition. That Ordinance provided that the council would subsequently adopt a resolution <br />identifying the consideration and terms of sale. At the time this Ordinance was adopted, the Council will recall that <br />this issue was discussed. This small parcel was originally intended for use as a monument/sign location for the <br />former Ramsey Town Center plat. With the replatting of the various parcels to create the COR Two it is necessary <br />to replat this parcel along with the various Sunwood Drive Street vacations which Council has previously approved. <br />It is proposed that this parcel be conveyed to Sophia Ramsey, LLC in consideration for an access lost by Sophia <br />Ramsey as a result of the platting and Sunwood Drive realignment. Staff recommends adoption of a resolution <br />describing the consideration and terms as above identified. <br />Funding Source: <br />N/A <br />Council Action: <br />Adopt resolution #12-10-XXX which is a resolution providing for the consideration and terms upon which Outlot <br />A Ramsey Town Center 3rd Addition, Anoka County, Minnesota may be sold. <br />Resolution <br />Attachments <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 10/04/2012 08:26 AM <br />Form Started By: Bill Goodrich Started On: 10/03/2012 02:29 PM <br />Final Approval Date: 10/04/2012 <br />