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Councilmember Riley introduced the following resolution and moved for its adoption: RESOLUTION HRA #17-01-023 RESOLUTION AUTHORIZING THE CITY OF RAMSEY TO SELL/ CONVEY 3- ACRES OF REAL PROPERTY OWNED BY THE CITY OF RAMSEY. WHEREAS, the City of Ramsey, herein referred to as the "City", owns various parcels throughout the City of Ramsey; and, WHEREAS, the City received and entered into a formal purchase agreement for the sale of parcel(s) legally described below, on May 10, 2016, with Lifestyle Properties Inc., a Minnesota Corporation: 3 ACRES, OUTLOT A, RAMSEY TOWN CENTER 8th ADDITION PLAT, COUNTY OF ANOKA, MINNESOTA, PID 28-32-25-21-0030 WHEREAS, said parcels are will be platted into new parcels: 3 ACRES, LOTS 1-12, VISTAS AT NORTH COMMONS PLAT, COUNTY OF ANOKA, MINNESOTA. WHEREAS, the above described property has been declared by the City of Ramsey as surplus City owned land, and is no longer needed for current for future City functions, and is authorized for sale. WHEREAS, the formal purchase agreement requires a Right-of-Re-Entry Agreement be recorded at the closing of this land transaction; and, NOW THEREFORE, BE IT RESOLVED BY THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) That the City of Ramsey hereby declares Outlot A surplus City-owned land, and authorized the property to be sold/ conveyed; and, 2) That the City of Ramsey hereby approves the sale of Outlot A to Lifestyle Properties Inc. for a total of$170,000.00 for the development of a twelve (12) residential lots; and, 3) That the City of Ramsey authorizes and requires a Right-of-Re-Entry Agreement to be recorded at the closing of this land transaction; and, 4) That the City of Ramsey herby authorizes either the City Administrator, or the Mayor, to sign any/all documents necessary to close on the sale Outlot A.