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251472 OR161NAL TO CITY CL6RK �51=��2 CtTY OF ST. PAUL N�E NC�� NO. - OFFICE OF THE CITY CLERK COUNCI RESOLUTION-GENERAL FORM PRESENTED BY ` COMMISSIONE ATF WIjEREAS, The Committee on Lands, composed of the Mayor, the Purchasing Agent, the Commissioner of Finance, and the Commissioner of Parks, Recreation and Public Buildings of the City of Saint Pa.u1, has secured an agreement for the purchase of that certain property described as follows: Lots one (1) and two (2) in Block two (2) in Como Prospect Addition, acc. WHEREAS, The property described therein is necessary for the Loeb I,a.ke Park Site, and the price at which the property may be purchased is at the total amount of $10,000.00, a fair and reasonable price according to the • appraisal obtained by the Committee on Lands; and i_� WHEREAS, Said Committee has recommnended the purchase of said property at the price stated above, as evidenced by the letter of said Committee sub- mitted herewith; now, therefore, be it RESOLVED, That pursuant to Section 303 of the Charter of the City of Saint Paul, the Council of the City of Saint Pau1 does hereby authorize the purchase of the land described as: Lots one (1) and two (2) in Block two (2) in Como Prospect Addition, acc. RESOLVID FURTI�R, That the proper City officials are hereby authorized and directed to pay to Sebastian G. Meyer, record fee owner, the sum of $10,000.00, said sum to be paid to the aforesaid vendor from PIR Fund Code 6000, to be r�imbursed from Fund 9769-502-001, upon him furnishing evidence of good maxketable title in the aforesaid vendor, and the total payment to be made upon tender by said party of appropriate deeds conveying title to said property to the City of Saint Pa,ul. � �� ,FORM PP OV pEG 15 19�0 Cor ra ion ou el COUNCILMEN Adopted by the Counci� 19_ Yeaa Nays ���, � � �'�� Butler Caxlson A rove�l 19— Levine �n Favor Meredith Sprafka � yor r� A gainst Mr. President, McCarty PUBt�SHED DEC 191970 � J. WILLIAM DONOVAN 223-5317 Voluation Engineer ��^ . ��� �� ROYE. BREDAHL, Jr. CITY OF SAINT PAUL �+ Ass't Valuation Engineer BUREAU OF VALUATIONS 286 Ci4y Hell $aint Paul, Minnssote 55102 - 55 Cl'ty COUI1C11 City of Saint Paul Gentlemen and Madam; The City of Saint Paul, acting through its Valuation Engineer, has negotiated to purchase certain property described as follows: Lots one (1) and two (2) in Block two (2) in Como Prospect Addition, acc. 'I'he owner of the above described land, Sebastian G. Meyer, has accepted an offer tendered 'nim by the City in the amount of $10,400.00 as compensation for the sale of the land to the City. This property, includinp; land and buildings, is needed by the City of Saint Paul for Loeb Lake Park. In view of the reasonable price for which it can be purchased, said price being the appraised fair a.nd reasonable market value, therefore, we, the Committee on Lands, do recommend to the Council of the City of Saiizt Paul that it authorize the purchase of said land in lieu of condemnation proceedin�s for the price of $10,000.00 as negotiated with the owner. Very truly yours, Mayor Purchasing A�e � Commi 'oner of Parks, R ation and Public Buildings ���� �. Commissioner of Finance Paxcel No. 1 File No. 17�-20