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RES 1977-128 - 00007028206 RESOLUTION NO. 128 -1977 A RESOLUTION AUTHORIZING THE SALE OF SURPLUS PROPERTY (LOTS 43 AND 44, BLOCK 12, SPRING BROOK PARK ADDITION) WHEREAS, The City of Fridley is the owner of Lots 43 and 44, Block 12, Spring Brook Park Addition; and WHEREAS, It is hereby determined that the City no longer has a need for Lots 43 and 44, Block 12, Spring Brook Park Addition, NOW, THEREFORE, BE IT RESOLVED, That the City Administration is hereby directed to sell said lots. Said sale shall be effective by sealed bids to be received and opened by the City of Fridley on the 28th day of December, 1977. The City Manager is directed and authorized to advertise the sale of said lots by sealed bid proposal under notice as provided by law and the Charter of the City of Fridley. The notice to be substantially in the form as shown in Exhibit "A" attached hereto and made a part of by reference. Said notice shall be published at least twice in the official newspaper of the City of Fridley. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 21ST DAY OF NOVEMBER, 1977. ATTEST: ITY °LERK - MRV A U MAYOR - WILLIAM J. NEE 77 L-j RESOLUTION NO. 128 -1977 (Con't) EXHIBIT "A" (Official Publication) CITY OF FRIDLEY NOTICE OF SALE OF SURPLUS LOTS The City Council of the City of Fridley has authorized the sale of Lots 43 and 44, Block 12, Spring Brook Park Addition located on Ely Street, a line between the Burlington Northern Railroad tracks and East River Road. The lots in question are zoned residential. The City of Fridley will accept sealed bids for the sale of said lots. Inspection of the lots may be made on weekdays, Monday through Friday, beginning November 22, 1977 from 8:00 a.m. to 5:00 p.m. The estimated market value of said lots is $6,000. The total dimensions of the property are 60' by 144'. There currently are no special assessments owing on the lots. Sealed bids will be received until 11:00 a.m. on the 28th day of December, 1977 at the Fridley City Hall, 6431 University Avenue Northeast, Fridley, Minnesota, 55432, telephone number 571 -3450. The City reserves the right to accept the bid which is determined to be in the best interest of the City. The City reserves the right to reject any and all bids and waive any informalities or technicalities in any bid received without explanation. All bids must be submitted in a sealed envelope addressed to Mr. Nasim M. Qureshi, City Manager, at the City Hall at the address shown above. ' The envelope should be plainly marked on the outside with the title "BID ON SURPLUS LOTS." The bid shall be accompanied by a good faith check in the amount of ten percent of the bid. The owner will be given ninety days from the date of awarding the bid to arrange financing for the balance of the purchase price. PUBLISH: MARVIN C. BRUNSELL CITY CLERK 2,07