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4.5. SR 10-12-1998
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4.5. SR 10-12-1998
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10/12/1998
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Real Estate <br />Probate <br />Wills & Trusts <br /> <br />CLIFFORD C. LUNDBERG <br /> <br /> Attorney At Law <br /> 400 Jackson Avenue <br /> P. O. Box 326 <br />Elk River, Minnesota 55330 <br />Phone: (612) 441-1251 <br /> Fax: (612) 441-125 <br /> <br />Business Law <br /> Taxes <br /> Accounting <br /> <br />October 4, 1998 <br /> <br />Pat Klaers <br />Elk River City Administrator <br />Elk River City Hall <br />13065 Orono Parkway <br />P.O. Box 490 <br />Elk River, MN 55330 <br /> <br />Re: Sale of Lot 1, Block 1, Parkview Addition to John T. And Klm M. Lenz <br /> <br />Dear Pat: <br /> <br />Enclosed is the purposed Purchase Agreement signed by John T. Lenz. It would now be <br />appropriate for the city to pass a resolution expecting this Purchase Agreement and authorizing <br />the Mayor and the City Clerk to execute all documents necessary to effect the sale of this lot <br />according to the terms of this Purchase Agreement. Please note that the city has bound itself to <br />providing a title insurance policy and an abstract of title to the buyers. Also the city is under <br />this Purchase Agreement taking on the responsibility of putting visible markers at the lot <br />corners as well as staking out the drainage and wetland areas and especially the new <br />replacement wetland area. <br /> <br />I have attached a copy of the easement and replacement wetlands documents to the Purchase <br />Agreement intending that at closing the city will provide a Warranty Deed to the buyers and <br />the buyers then will execute the easement and replacement of wetland document. I note that <br />the wetland replacement document refers to a replacement plan on file at the office of the <br />LGU. It would be advisable to make sure that the buyer has a copy of this replacement plan <br />and perhaps it would be advisable to provide me with a copy of that also for informational <br />purposes. When the city has executed the attached Purchase Agreement please provide me <br />with a copy as executed so I can order the title insurance and abstract. <br /> <br />Sincerely <br /> <br />CCL/tnn <br />File:L98090 <br /> <br />Enclosures <br /> <br /> Real Property Law Specialist <br />Certified by the Minnesota State Bar Association <br /> <br /> <br />
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