2018-05-01 Special Council Mtg. Packet

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CrrY OF CENTERVILLE RESOLUTION#15-0 RESOLUTION AUTHORIZING CONVEYANCE OF REAL PROPERTY TO JOS AND SOPHIE PEDERSON AND ASSIGNMENT TO RUFFRIDGE-JOHNSON 1031,ILC WHEREAS,the City of Centerville desires to sell reel property legally described as Lot 2,Block 1, Clearwater Business Park, Anoka County, Minnesota, also identified ed by Property Identification I b r 24-31-22-23-0017;hereinafter referred to as the Subject Pr WHEREAS, the City desires to sell the Subject Property to Joy R. Pederson and Sophie Pederson,husband and wife, acting di "d ls; hereinafter f rrrr to as the Buy WHEREAS, the sale of the Subject Property is consistent with the goals of the City's Comprehensive Tl WHEREAS, the City entered intoa Purchase Mgr exit with the Buyer on May 28, 2017, for the sale of the Subject Property. Attached as Exhibit A. WHEREAS, the Purchase Agreement allowed the Buyer to assign their rights under the Agreement to a third ; the Buyer has assigned their rights for the sale of the Subject Property to leu "dge-Johnson 1031, LLC, a Minnesota limited liability company, the City shall issue a warranty deed to °die-Johnson. 103 1,L WHEREAS, the City must appoint representatives, in the City Administratorand/or the City Attorney, to represent the City and to affect the purposes of said Purchase Agreement d for all purposes related to the Closing of this property transaction. NOW, THEREFORE, IT IS HEREBY RESOLVEDIJ KNOWN TO L,, that the City of Centerville, DOES SELL. AND CONVEY OWNERSHIP of the Subject Property to the Buyer consistent with the terms of the Purchase ° ent and subject to conveyance of the attached easement to the City. FURTHERMORE, IT IS HEREBY RESOLVED, that the City of Centerville designates its representatives and signators as City Administrator, Mark St tz, and City Attorney Kurt Glaser, for all purposes necessary sut to the Purchase Agreement and to make the sale of Subject Property s set forth in this RESOLUTION. - 1 -