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#13-02-052
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#13-02-052
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5/16/2013 10:45:07 AM
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<br /> <br /> <br />Lease back terms in a proposed Purchase Agreement; <br /> <br /> <br />Early termination issues of any lease back; and <br /> <br />WHEREAS <br />, after consideration of all the above the current City Council has determined that <br />it is not in the City’s best interest to make the City’s purchase of the Subject Property contingent on <br />purchase by the Seller of a City owned parcel in the COR; and <br /> <br />WHEREAS <br />, the current City Council acknowledges that it is under no obligation of any kind <br />to purchase the Subject Property nor is it under any obligation to purchase the Subject Property upon <br />any terms established by any previous City Council; and <br /> <br />WHEREAS <br />, this current City Council has reviewed the Project and the acquisition of the <br />Subject Property independent of any previous City Council’s or Council member’s influence, actions <br />and discussions. <br /> <br />NOW, THEREFORE <br />, be it resolved by this City Council of the City of Ramsey, Anoka <br />County, State of Minnesota as follows: <br /> <br /> <br />1.That the City is authorized to purchase the real property located at 14590 Armstrong <br />Blvd. NW for a purchase price of $940,000 and that the other purchase terms be <br />pursuant to the terms of the Purchase Agreement reviewed by the City Council on <br />February 26, 2013 and which Purchase Agreement is subject to final approval as to <br />legal form by the City Attorney. The City’s Mayor and City Administrator are <br />authorized to execute those documents necessary to close on the Purchase Agreement <br />described herein. <br /> <br />The motion for the adoption of the foregoing resolution was fully seconded by Councilmember <br />Backous, and upon vote being taken thereon, the following voted in favor thereof: <br /> <br /> Mayor Strommen <br /> Councilmember Elvig <br /> Councilmember Backous <br /> Councilmember Tossey <br /> Councilmember Riley <br /> <br />and the following voted against the same: <br /> <br /> Councilmember Kuzma <br /> Councilmember LeTourneau <br /> <br />and the following abstained: <br /> <br /> None <br /> <br />and the following were absent: <br /> <br /> None <br /> 2 <br /> <br />
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