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<br />WHEREAS, the City of Roseville can recoup the initial cost of the land and the <br />extraordinary cost in 4 years or less if the current proposal is constructed, <br /> <br />NOW THEREFORE, BE IT RESOLVED, that the City of Roseville City Council, acting <br />under its HRA authority, agrees to sell 2.1 acres of land to Larry Aim, DBA Southwind of <br />Roseville, for $102,000 subject to approval of: (1) the Planned Unit Development, (2) the <br />Final Plat and Subdivision Agreement, and (3) the land purchase agreement to be <br />reviewed by the City Attorney, after which the City Manager may execute all necessary <br />documents. <br /> <br />FURTHER, BE IT RESOLVED, that proceeds from the sale of the land shall be returned <br />to the City Housing Fund. <br /> <br />The motion for the adoption of the foregoing resolution was duly seconded by and <br />upon vote being taken thereon, the following voted in favor thereof: <br />and the following voted against same: <br /> <br />Whereupon said resolution was declared duly passed and adopted. <br /> <br />STATE OF MINNESOTA) <br />) <br />COUNTY OF RAMSEY ) SS <br />) <br />CITY OF ROSEVILLE ) <br /> <br />I, the undersigned, being the duly qualified City Manager of the City of Roseville, County <br />of Ramsey, State of Minnesota, do hereby certify that I have carefully compared the <br />attached and foregoing extract of minutes of a regular meeting of said City Council held <br />on the 28th. day of April, 1997, with the original thereof on file in my office. <br /> <br />Adopted by the Council this 28th. Day of April, 1997. <br /> <br />City Manager <br /> <br />SEAL <br />