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Resolution 98- 112 <br /> <br /> A Resolution of the City of Elk River <br />Executing Purchase Agreement and Authorizing Sale of Land <br /> <br />Whereas, <br /> <br />the City of Elk River is the owner of Lot 1, Block 1, Parkview <br />Addition; and, <br /> <br />Whereas, the said land is no longer needed for pubhc purposes and it <br /> would be in the best interest of the City to sell said land; and, <br /> <br />Whereas, <br /> <br />the City has received a Purchase Agreement dated October 5, <br />1998, from John T. Lenz and Klm M. Lenz, as joint tenants, for <br />the purchase of said land. <br /> <br />Whereas, the City beheves that the terms of the Purchase Agreement are <br /> fair and reasonable and are a benefit to the City of Elk River. <br /> <br />Now, Therefore, be it resolved as follows: <br /> <br />The City of Elk River does hereby accept said Purchase Agreement and <br />does hereby agree to sell Lot 1, Block 1, Parkview Addition to John T. <br />Lenz and Klm M. Lenz, as joint tenants, according to the terms of said <br />Purchase Agreement dated October 5, 1998. <br /> <br />o <br /> <br />That the Mayor and the City Clerk of the City of Elk River are hereby <br />authorized and empowered and directed to execute any and all <br />documents necessary to effect the sale of this land pursuant to the <br />terms of said Purchase Agreement. <br /> <br />Adopted by the City Council of the City of Elk River this 12th day of October, <br />1998. <br /> <br />ATTEST: <br /> <br />Sandra A. Peine, City Clerk <br /> <br />Duitsman, Mayor <br /> <br /> <br />