Loading...
RES 1991-11 - 00003630RESOLUTION NO. 11 -1991 ' A RESOLUTION APPROVING THE PURCHASE OF REAL ESTATE WHEREAS, Garry G. Pierce and Karen Pierce, husband and wife, residing in Bismarck, North Dakota, are the owners of Lot 5, Auditor's Subdivision No. 88, located in the City of Fridley, Anoka County, Minnesota; and WHEREAS, the City Council has on previous occasion expressed an intention to acquire this and other adjacent property for the purpose of expanding the City park system; and WHEREAS, the owners of said property have expressed a willingness to sell the above described property to the City for the sum of $38,000.00; and WHEREAS, the City believes that said price fairly reflects the market value of the subject real estate; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Fridley hereby approves the purchase of Lot 5, Auditor's Subdivision No. 88, for the sum of $38,000.00 and authorizes the Mayor and the City Manager to sign an appropriate Purchase Agreement effectuating said purchase. I PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 28TH DAY OF JANUARY, 1991. ATTEST: SHIRLEY A. HAAPALA CITY CLERK r WILLIAM J. N - MAYOR !7