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Councilmember introduced the following resolution and moved for its adoption: <br /> RESOLUTION #24-035 <br /> RESOLUTION APPROVING PURCHASE AGREEMENT AND SALE OF LOT 19 <br /> BLOCK 1, RIVER'S BEND PLAZA 2ND ADDITION: MW PROPERTIES LLC <br /> WHEREAS, the City of Ramsey, herein referred to as the "City," owns various parcels <br /> throughout the City of Ramsey; and <br /> WHEREAS, the City negotiated the terms of Purchase Agreement for the sale of Lot 1, <br /> Block 1, River's Bend Plaza 2nd Addition(the"Property")to MW Properties LLC, a Minnesota <br /> limited liability company and/or its assigns (the "Buyer"); legally described in Exhibit A, <br /> attached hereto; and <br /> WHEREAS, the City acquired the Property (formerly an Amoco Station) in 2005, <br /> demolished it and has marketed the site for nearly 24 years; and <br /> WHEREAS, the City and the Buyer have negotiated a purchase price of$100,000 on +/- <br /> 1.01 acres (43,996 square feet) as outlined in Exhibit A (the "Purchase Price"). The per square <br /> foot cost is $2.27; and <br /> WHEREAS,MW Properties LLC(Complete Auto)proposes to construct a minimum 9,500 <br /> square foot auto repair building on the Property; and <br /> WHEREAS, the City hereby declares the Property to be surplus City-owned land and is <br /> no longer needed for current or future City functions, and authorizes the property to be sold; and <br /> WHEREAS, a Right of Re-Entry Agreement will be recorded at the closing of this land <br /> transaction; and <br /> WHEREAS,the Buyer is a company that is active and in good standing as documented in <br /> the Office of the Secretary of State as of January 17, 2024. <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY OF RAMSEY, ANOKA <br /> COUNTY, STATE OF MINNESOTA, as follows: <br /> 1) The City Council authorizes the City Administrator and Mayor to execute the Purchase <br /> Agreement and Right of Re-Entry Agreement with MW Properties, LLC; subject to City <br /> Attorney review <br /> 2) That the City hereby authorizes the sale of the Property to MW Properties LLC, a <br /> Minnesota limited liability company and/or its assigns, for$100,000 on+/- 1.01 acres <br /> (43,996 square feet) as outlined in Exhibit A (the "Purchase Price") subject to <br />