Laserfiche WebLink
NOW THEREFORE, BE IT RESOLVED BY THE CITY OF RAMSEY, ANOKA <br /> COUNTY, STATE OF MINNESOTA, as follows: <br /> 1) That the City hereby declares the Property to be surplus City-owned land, and authorizes <br /> the property to be sold documented in Sales Ordinance 15-05. <br /> 2) That the City hereby authorizes the sale of the Property to Centra North, LLC, a Minnesota <br /> limited liability company for $671,112.00 ($6,214.00 per approved unit) on+/- 16.3 acres <br /> (710,028 square feet) subject to Preliminary and Final Plat for the Property referenced in <br /> the Purchase Agreement and First Amendment to Purchase Agreement development of 108 <br /> detached townhome units in Waterfront Village. <br /> 3) That the City Council approves the form of Subordination Agreement and Right of Re- <br /> Entry Agreement and authorizes the Mayor and City Administrator to execute said <br /> documents. <br /> 4) That the City hereby authorizes the City Administrator and Mayor to sign any and all <br /> documents necessary to close on the sale of the Property, consistent with Charter and State <br /> law requirements; subject to City Attorney review. <br /> The motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br /> Howell, and upon vote being taken thereon, the following voted in favor thereof: <br /> Mayor Kuzma <br /> Councilmember Musgrove <br /> Councilmember Howell <br /> Councilmember Olson <br /> Councilmember Riley <br /> Councilmember Specht <br /> Councilmember Woestehoff <br /> and the following voted against the same: <br /> None <br /> and the following abstained: <br /> None <br /> and the following were absent: <br /> None <br /> Resolution#24-147 <br /> Page 2 of 9 <br />