Laserfiche WebLink
<br /> <br />City of Elk River <br />REQUEST FOR COUNCIL ACTION <br />Agenda Section Meeting Date <br />Administration November 6, 2006 <br />Item Description <br />Re uest from Habitat for Humani <br /> <br />Item Number <br />5.2. <br /> <br />Prepared by <br />Lori ohnson, Ci Administrator <br />Reviewed by <br /> <br />Introduction <br />Vance Zerhinger, Sherburne County Chapter Habitat for Humanity President, is requesting that the <br />Council consider an offer from Habitat for Humanity to purchase the city owned vacant lot at 1217 5th <br />Street, NW. <br /> <br />Discussion <br />This lot was originally purchased to accommodate future library expansion and is no longer needed for <br />that purpose. At a recent Council meeting, the Council directed staff to market the lot based on the <br />appraised value of $50,000. The lot sale has not yet been advertised; therefore, no other offers have been <br />received. Mr. Zerhinger is submitting an offer now based on Council action to market the property. <br /> <br />Financial Impact <br /> <br />Proceeds of the sale will be used to fund library debt service. <br /> <br />Attachments <br />· Letter from Mr. Zehringer <br /> <br />Action Requested <br /> <br />Consider request from Habitat for Humanity. <br /> <br />Council Action <br /> <br />Motion by _ <br /> <br />Second by _ <br /> <br />Vote <br /> <br />Follow Up <br /> <br />C: \Documents and Settings \ tallard\Local Settings \ Temporary Internet Files \ OLKF\Habitat Lot.doc <br />