Agenda - Council - 10/27/2026 - Laserfiche WebLink

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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #26-253 RESOLUTION APPROVING SALE OF TRACT A, REGISTERED LAND SURVEY NO. 249 AND EASEMENT TO 6781 PROPERTIES, LLC WHEREAS, the City of Ramsey, herein referred to as the "City," acquired various parcels acquired utilizing the Right of Way Acquisition Loan Fund (RALF) for the purposes relating to construction of future Hwy 10 improvements the City of Ramsey; and WHEREAS, the City acquired the parcel known as Tract A, Registered Land Survey No, 249 on August 6, 2009 utilizing RALF Funds for the Hwy 10 project; and WHEREAS, the City has leased Tract A, Registered Land Survey No, 249 to Mille Lacs Motor Sports 11, Inc. (Power Lodge), and it has a lease with the City that terminates November 30, 2026 and is in good standing with the City; and WHEREAS, 6781 Properties, LLC (the "Buyer") has been working with Mille Lacs Motor Sports II, Inc. and has extended the lease to accommodate the due diligence period and closing defined in the Purchase Agreement with 6781 Properties, LLC; and WHEREAS, the City has negotiated and executed a Purchase Agreement with 6781 Properties, LLC to acquire the Tract A, Registered Land Survey No, 249 and the Met Council has preliminarily approved the terms and conditions of the Purchase Agreement; and WHEREAS, the purchase price of the Property is Three Hundred Sixteen and Fifty and 00/100 Dollars ($316,050.00) which also has been preliminarily approved by the Met Council and the sale proceeds will be remitted to the Met Council to satisfy the requirements of RALF Loans L09-05; and WHEREAS, the Buyer, Title Company and City Attorney have reviewed the Title work and have determined that an Easement (Parcel 2) for ingress and egress and a fence and vehicle parking easement for the benefit of Tract A, Registered Land Survey No, 249 (Parcel 1) Collectively documented on Exhibit A (the "Property") should also be transferred to the Buyer to clear title issues; and WHEREAS, the City herby declares the Property to be surplus City -owned land and is no longer needed for current or future City functions, and authorizes the property to be sold as evidenced in adopted Ordinance 24-11; and WHEREAS, 6781 Properties, LLC. is Active and in Good Standing with the Office of the Secretary of State as of October 21, 2026. NOW THEREFORE, BE IT RESOLVED BY THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: