Agenda - Council - 02/22/2005 - Laserfiche WebLink

Home

INTRODUCTION OF: AN. ORDINANCE AUTHORIZING THE SALE OF Part of LtJt 1, Auditor's SUbdivision No. 30 By: william m Goodrich, City atton ey Scan M.Suliivan Economic Development / TIF Specialist Background: The City is negotiating a Deve!oPmqnt Al,,r, eement with Martin EDM to acquire and construct an office/man~ctufing ~uilding on: That part of Lot 1, AUDITOR'S SUBDIVISION NO. 30, ~oka CO74. nty, iMirmesota, described as beginning at the Northeast come~ of Lot .2! of said ~UDITOR'S SUBDIVISION NO. 30; thence Southeasterly along the S,¢utheastefly ex, tension of the Northeasterly line of said Lot 2 fbr a distance of 16i40 feet; more or less, to intersect the West line of the East 946 feet of' said Lot 1, as me~ed along the North line of said Lot 1, also being the North ;line of th~ Northe~t Quarter of Section 34, Township 3]2, Range 25, Anoka Couaty, Minn%ota~ thence North along said West line of the East 946 feet of Lot 1 forl a distance of 250 ifeet; ~hence West at right angles a distance of 200 feet; thence South al right an$1es g distance of 160.4 feet, more or less to intersect said Northeasterly line Cf Lot 2; thence Southeasterly along said Northeasterly line of Lot 2 to the pO,!nt of beginning. Containing 0.94 acres, more or less. AND : That part of Lot 1, AUDITOR'S SUBDIVISION NO. 30, Anoka County, Mim~esota, described as icommencing! at the Northeast comer· of LOt 2, said AUDITOR'S SUBDIVISION NO. 30; thence Southeasterly along the Southeasterly exiension ofthe':.No~¢aSterly line of said Lot 2 for a distance of 16.40 feet, more 'or less~ to intersect!the West line of the East 946 feet of said Lot 1, as measured along the North: line 'of said Lot 1, also being the North line of the Northeast Quarter, SectiOn 34; Township 32, Range 25, Anoka County, Minnesota; thence North along said;West line of the East 946 feet of Lot 1 for a distance of 250 feet to tke actual ~oint of beginning of the tract to be hereby described; thence West at fight ang!e/s ia distance of 200 feet; thence North at right angles a distance of 78.25 ',feet,: more Or less, to intersect the South line of the North 250 feet of said LOt 1,'as measUred parallel with the East line of said Northeast Quarter of Secti~Jn 34; thence East along said South line of the North 250 feet a distance of 200"feet to intersect said West line of the East 946 feet of Lot I; thence South along .~id WeSt~ line :of the East 946 feet a distance of 76.78 feet, more or less to the poirtt ofbegLnning. Containing 0.35 acres, more or less. Once this project has been finalized;it is impo~t to have the ability to convey the property to the business in a prompt manner '.~ not to d~!ay construction.. In order to complete this transaction a sale ordinance needs to lbe irttrodileed and adopted authorizing the sale. Proposed ordinance.