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<br />. Prepared by: SC <br />Dept.: CD <br />Council Mtg. Date: 1/31/2005 <br />Final Action Needed By: <br />1/31/2005 <br /> <br />~ <br />.--A~ HILLS <br />City of Arden Hills <br />Request for Council Action <br /> <br />Agenda Item ~;'I,,:'~ <br />.II,""'~ <br />Holidav Stationstores Purchase AQreement <br />Budgeted Amount: <br />Actual Amount: <br />Funding Source: <br /> <br />Council Action Request: <br />Motion to approve the purchase agreement between the City of Arden Hills and Holiday Stationstores for <br />the purchase of the Indykiewicz property and Resolution 05-23: Authorizing the sale of publicly owned <br />property. <br /> <br />Staff Recommendation: <br />Approval of the same <br /> <br />Advisory Commission Action: <br /> <br />Commission <br /> <br />i"la_nl1ing _ <br />PTRC <br /> <br />Date <br /> <br />Action <br /> <br /> <br />. <br /> <br />Supporting Documents (which are attached to this Action Form): <br /> <br />[2J Memo/Letter: <br />Memo from staff dated January 26, 2005 <br />D Resolution (No. 05-23) <br />D Ordinance (No. <br />D Engineering Recommendation: <br /> <br />D Attorney Recommendation: <br /> <br />DOther: <br /> <br />Financial Implications: <br />The proceeds of the these funds will be used to pay back a portion of internal financing that was used to <br />acquire the property. <br /> <br />Administrator/Staff Comments: <br />The approval resolution has obscure language that matches the State law requirements, as attached. <br /> <br />e <br /> <br />Page 1 of 1 <br />