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251370 � OR161N7►L TO CITY CLlRK ����7/0 CITY OF ST. PAUL FOE NCIL N0, f�� / . � OFFICE OF THE CITY CLERK �OU IL R SOLUTION—GENERAL FORM PRESENTED BY COMMISSIONE ATF WHEREAS, The Cmnmittee on Lands, composed of the Mayor, the Purchasin� Agent, the Commissioner of Finance, and the Commissioner of Parks and Recreation and Public Buildings of the City of Saint Pa.ul,has secured an agreement for the purchase of that certain property described as follows: Lots five (5), six (6), seven (7), and eight (8) in Block four (�+) in Como Prospect i�lddition, acc. W.E�REAS, The property described therein is necessary for the Loeb Lake Park Site, and the price at which the property may be purchased is a,t the total amount of �11,000.00, a fair and reasonable price accordin� to the appraisal obtained by the Committee on I,ands, and WHEREAS, Said Committee has recommended the purchase of said property at the price stated above, as evidenced by the letter of said Committee submitted herewith; naw, therefore, be it RESOLVED, 7.'hat pursuant to Section 303 of the Chaxter of the City of Saint Pau1, the Council of the City of Saint Pa,ul does hereby authorize the purchase of the land described as: Lots five (5), si�: (6), seven (7), and eight (8) in BlocY. four (�+) in Como Prospect Addition, acc. RTSOLVID FURTHER, That the proper City Officials axe hereby authorized and directed to pay to Lucy Pa,uline Wachtler, record fee owner, the sum of $11,000.00,said sum to be paid to the aforesaid vendor from PIR Fund Code 6000, to be reimbursed. Frotn Funa 9769-502-001, upon her furnishin� evidence of good marketable title in the aforesaid vendor, and the total payment to be made upon tender by said party of appropriate deeds conveyin� title to said property to the City of Saint Pa.u1. FOR APP OV Cor at� n ns I QEC 1 ��Q CO CILMEN Adopted by the Counci� 19—. Yeaa Naya ��C 11g�Q Butler Carlson AP 19— Levine ' Tn Favor Meredith � �r Sprafka Againat Tedesco Mr. President, McCarty , : _�'=' PUBLISHED �E� 51970 . �� . J. WILLIAM DONOVAN 223-5317 Voluation Engineer � CITY OF SAINT PAUL ROY E. BREDAHL, Jr. a55�� Valuation Engineer BUREAU OF VALUATIONS 286 Cifiy Hell $sint Paul, Minneso+a 55102 � ���4 i V City Council City of Saint Paul Gentlemen and Madam: The City of Saint Pa.ul, acting throu.gh its Valuation Engineer, has negotiated to purchase certain property described as follows: Lots five (5), six (6), seven (7), and ei�ht (8) in Block four (4) in Como Prospect Addition, acc. The awner of the above described land, Lucy Pauline Wachtler, has accepted an offer tendered her by the City in the amount of $11,000.00 as compensation for the sale of the land to the City. This property, including land and buildings, is needed by the City of Saint Pa.ul for Loeb Lake Park. In view of the reasonable price for which it can be purchased, said price being the appraised fair and reasonable market value. Therefore, we, the Committee on Lands, do recommend to the Council of the City of Saint Pa.ul that it authorize the purchase of said land in lieu of condemnation proceedings for the price of $11,000.00 as ne�otiated with the owner. V uly yours, Mayor Purcha 'r�g ent ommissioner Parks, Recreation and Public Bui ngs �.-��2�a�, \-� Commissioner of Finance Pa.rcel No. 20 File No. 17420