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ity of <br /> <br />River <br /> <br />MEMORANDUM <br /> <br />Item #4.5. <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Mayor & City Council <br /> <br />Pat Klaers, City Adm~rator <br /> <br />October 12, 1998 <br /> <br />Sale of Lot 1, Block 1, Parkview <br />Addition <br /> <br />On July 6, 1998, the City Council accepted the bid from John Lenz for Lot 1, <br />Block 1, Parkview Addition. The city had advertised this lot for sale and <br />John's bid of $58,100 was the highest bid received by the city. Following <br />acceptance of this bid, the city has worked with John in making some <br />adjustments in the easements surrounding the wetlands that are on the <br />property. Action on the easements/wetlands was approved by the City <br />Council on September 21, 1998. <br /> <br />At this time we are ready to move forward with the dosing for the property. <br />Attached for your consideration is a resolution which authorizes the mayor <br />and city clerk to execute the Purchase Agreement for the selling of Lot 1, <br />Block 1, Parkview Addition to John Lenz. <br /> <br />Recommendation <br /> <br />It is recommended the City Council approve the attached resolution which <br />authorizes the execution of the Purchase Agreement. <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425 <br /> <br /> <br />