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276913 WNITE - CITY CLERK �j /�y�V PINK - FINANCE COUIICII f.► 6 a.l CANARY - DEPARTMENT G I T Y O F SA I N T PA U L BLUE - MAYOR File N . RETURN COP'Y TO VALUATIONS DIVISIO� u Zl ol tion Presented By Referred To Committee: Date Out of Committee By Date WI�RFI�S, the City of Sain� Paul, acting through its V�.lua.tion Engineer, has secured an agreement for the purchase for the folldwing described property: Lots �+, 5, 6 and 7, Block l, Ba.rclay Esta.tes WHEREAS, the property herein described is necessary for the Burns Averna.e Pa.rk and was approved for acquisition on August 26, 1980, by Council Resolution 275�+97• The price at which the property may be purchased is in the amount of $26,993.00, it being a f�.ir and reasorlable price for the sub�ect property aecording to the independent appraisal obtained by the Valuation Engineer; and W�S, the Valuation Engineer h�as recommended the purcha.se of sa.id proper- ty at the price stated above; now, therefore be it RESOLVID, that the Council of the City of Sa.int Paul does hereby authorize and direct the proper City officials to execute the sa.id purchase agreement for said property; and be it FURTHER RESOLVID, that the proper City officials are hereby authorized and directed to pa.y Northwestern State Bank, record owner, the sum of $26,993.00, the condition of said sale contain,ed in the Purcha.se Agreement; said Purchase Agreement is attached hereto and incorporated herein by re�ence. Said sum to be charged from CIB Account 93074-007, City Wide Bike System, to be re- imbursed from 1981 Capital Impravement Bond Funds. �93D�/-ooz) FURTHER RESOLVID, that Council Resolution 276052, approved December 11, 1980, authorizing and directing City officials to enter into a purchase agree- ment with Gary Thompson, President of Modular Homes, in the amuunt o� $gg,000.00 for Ba.rclay Estates be and is hereby rescinded in its entirety. COUNCILMEN Requestgd by Department of: Yeas Nays Hunt inan and ement Services Levine In Favor — Maddox .� McMahon Di ector � _ Against BY `%l� T�� Cl�m wi�son MAY 2 6 �ggi Form Approved by Cit torney Adopted by Council: Date Certitied sse by Counc' ecr y 6 `� sy Ap by :Vlavor• e !�Y 2 9 �,Q� Ap o y Mayor fo m si�n to Council gy B PUBtISttEa JUN 6 �98i _ _�_ . . OM 01; 12J1975 Rev.: 9f8/76 �76913 , EXPLANATION OF AONlINISTRATIVE ORDERS, ; � � ( ! / , � � ��1 � � �� ��� � Date: �,y 7, 1981 T0: MAYOR GEORGE IATIMER. _ FR= J. Wm. Donavan, Yaluation a Assessment ffigineer, Department of Fiaance and Management Services (Sxt. 53�.7) RE: Burns Avenue P�rk Lots 4, 5, 6 ar�d 7, Block 1, Barc].�ay Estates � �F�FI�f� -.�. oFF,e ��13 �198 ACTION RE UESTED: �G�A�R�T�O�NTHE E' �., Q �'-"",�EMEd�R��R ' Nr �N CE�_ � Approva.l by Mayor and submission to City Council for approval. S "'� D;lRP4SE At�D RATIONkILE FOR`THYS ACTIflN: Authorize and direct the proper City Officials to execute th�± purcha�e `agreement for the referenced property and, to n�ke payment of to Northvrestern State B�ak, record awner, the sum of $26,993.00. Fundiag: cIB Account 93074-007, City Wide Bike System, to be reimbursed from 1981 Cap3tal 7mprovement Bond Fund. FINANC?AL IlKA4CTs Apprrnred C.I.B. pro3ect. � Fund�g stated ia Purpose and Rationale. 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