4.6. SR 12-19-2016 - Laserfiche WebLink

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EGty1� ,.,�� Request for Action River To Item Number Mayor and City Council 4.6 Agenda Section Meeting Date Prepared by Consent December 19, 2016 Amanda Othoudt,EDD Item Description Reviewed by Amend Agreement 16-05: Purchase Agreement Cal Portner, City Administrator Between Sherburne County and City of Elk River Reviewed by Action Requested 1. Approve,by motion, an amendment to the purchase agreement between the City of Elk River and Sherburne County for the purchase of real property located at the intersections of Highway 10,Joplin Avenue and Business Center Drive. 2. Adopt,by motion, the resolution authorizing acquisition of a portion of Old Highway 10 from Sherburne County. Background/Discussion On March 7,2016, the City Council approved the purchase of real property from Sherburne County located at the intersections of Highway 10,Joplin Avenue, and Business Center Drive. Staff continues to work through some of the details leading up to a December 291h closing on the Joplin Property project with Ebert Construction. The purchase agreement between the city and the county reflected the relocation of the old existing Sherburne County billboard with intent to replace the billboard with a new digital advertising sign that can advertise county events. The conveyance of the county property was contingent upon the parties reaching a written agreement on the location and configuration of the replaced billboard. Recently, the county and the Fair Board have worked out an agreement with the owner of Ralphie's to lease the electronic reader board sign located on Ralphie's existing pylon sign. Therefore, the language reflecting the electronic reader board sign has been eliminated as reflected on the amended and restated purchase agreement. Financial Impact None Attachments ■ City Council Staff Report dated March 7, 2016 ■ Executed Purchase Agreement between the City of Elk River and Sherburne County POWERED 6T Template Updoted 4/14 INAWRE1