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City of <br /> Elk <br /> River <br /> Resolution 15- <br /> A Resolution of the City of Elk River Resolution Approving the Purchase of <br /> Real Property <br /> WHEREAS, the City is proposing to acquire property ("Property") legally described in the <br /> proposed Purchase Agreement between the City and Cornerstone Elk River LLC ("Seller") <br /> attached hereto as Exhibit "A" ("Purchase Agreement") under the terms set forth in the <br /> Purchase Agreement; and <br /> WHEREAS, on May 26, 2015, the City of Elk River Planning Commission reviewed the <br /> acquisition of the Property and determined that acquisition was consistent with the City's <br /> comprehensive plan. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br /> River, Minnesota, as follows: The Purchase Agreement is hereby approved, and the Mayor <br /> and City Administrator are authorized and directed to execute all documents, and take all <br /> appropriate measures to acquire the Property under the terms of the Purchase Agreement. <br /> The motion for adoption of the foregoing resolution was duly seconded by Councilmember <br /> and, after full discussion thereof, and upon a vote being taken thereof, <br /> the following voted in favor thereof: <br /> and the following voted against same: <br /> Passed and adopted this 1s`day of June 2015. <br /> John J. Dietz, Mayor <br /> ATTEST: <br /> Tina Allard, City Clerk <br /> P U N E R E O R Y <br /> NAWREJ <br />