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06-136Return copy to: (jao) Real Estate Division 140 City Hall Presented By �_�CITY OF � � ,. Couneil File #_ v�' � 3� Green Sheet # 3029461 NNESOTA �9 Referred To �/ Committee: Date 1 WHEREAS, the City of Saint Paul owns in fee title the following property: 2 9 10 11 12 13 14 15 16 17 18 19 20 The followine vortion of Lots i, 2& 3, Block 3, I,exin2ton Park Plat 11: Except the westerly 100.00 feet thereof, the northerly 100.00 feet of Block 3, Lexington Park Plat 11; and WHEREAS, on May 5, 2004 Council approved CF#04-497, which vacated the City's interest in said property and provided for the disposition of the properry through Chapter 51 of the Administrative Code, subject to conditions outlined in CF#04-497; and WII�REAS, after considering bids for said property, a determination has been made as to the process for which said property is to disposed of; so THEREFORE BE IT RESOLVED, that the proper City Officials are hereby directed to convey the property described above to ERS Development, LLC as outlined in the attached Purchase Agreement; and F'URTHER RESOLVED, any residential development of the above-mentioned property will limit the number of living units to four or less. Requested by Department o£ Public Works / I• � ' . Director Form Approved by City Adopted by Council: Date . � Adoption Certified by Council Secre By: Approve y yor: Date_Z��/t7(� B for Submission to Council : ':� Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � pW — wva�wo,� Contact Person & Pho�e; JUAN OR�iiZ 2�8ssa Must Be on Councii 0.aem ContraetType: RE-RESOLUTION Oate Initiated: � �" r � .JLD �� Green Sheet NO: 3429461 � ' Assign Number For Routing Order 0 1 2 3 4 5 � w �� mr� ' A e C' e l Cti C u � er Total # of SZqnature Pages _(_ {Clip AII LocaGons for Sig Action Requesfed: Approve the conveyance af surplus City properry faERS Development, LLC. ttiations: Apprrne {A) or Reject (R): Pianning Commission CIB CommHtee Ciu1 Senice Comm7ssion 7. Has this persoNfirtn e.er waked under a coMract for this department? Yes No 2. Has ihis personffim� e�er been a city employee? Yes No 3. Does this persa4firtn p�sess a skil! not nottnally possessetl by arry curtem city emptoyee? � Yes No Explain ali yes answers on separefe sheet and atfach to green sheef MiGating Problem, Issues, Opportunity (Who, What, When, Where, Why): The Ciry has surplus properiy it no longer needs for public right-of-way. AdvantagesifApproved: � The property can be developed and put back on the tax rolls, ��s� � � ��Q� Disadvantages IfApproved: None foreseen '�ril Disadvantastes If Not Approv¢d: This under utilized right of way will continue to be a concern to the Ciry. ����u� Toql Amount of � � Transaction: Fundinp Source: Financial Mfortnation: (ExpWin) CosflRevenue Budgefed: JAN � 4 2005 Activity Number: q �� �,t^� ��C!#� t4:;� \ , . � 3° x "3'.,-�,c�..;., � �T.�4.zi c�s�''�..�`�`w;i .,. JAN 2 6 200'� January 19, 2006 2:55 PM Page 1 (�.-t3t� CtTY OF SAINT PAUL PURCHASE AGREEMENT Date: !'-�u��,,?dd� 2. Location of the Real Estate: Southwesterlv corner of Pleasant ar¢d Sche('j'er 3. Propert-� Description: That portion of Lots 1,2 & 3, Block 3, Lexington Park Plat I I described as: Except the westsrly 100.U0 feet tF�ereof, the northerIy 100.00 feet of Block 3, Lexington Park Plat 11. 4. Name and address of Buyer: ERS Development . LLC 3400 West 66th Street #150 Edina MN 55345 Name and address of Selter: Citv of St. Paul 15 W. Kellogg Blvd #140 Saint Paul MN 55102 5. Purcfiase price: $5,000 (Five Thousand Dollars) 6. Real Estate Tases: The seller shall pay properry t�es payable in 2005. The buyer shail begiu paying property taYes payable in 2006 and beyond. 7. Seller shall pay all assessments levied against the property as of the date of closing. S. Type of Conveyance required: Seller shall convey a quit claim deed to the buyer. 9. The properiy is offered in an"as-is" condition. 10. The sale of this property is subject to the conditions outlined in Ciry of Saint Paul, City Council File Numbe o� which released the property from its public right-of-way use. 11. The seller, at its sole expense, may obtain Title Insurance as it deems necessary. Purehase Agreement Q � ` l .�t _ Page 2 �� � 12. Conveyarice shall occur within � days following execution of this Purchase Agreement, at which tnne the titie to the premises shatl be conveyed to the seller. The Closing date may be postponed and rescheduled by mutuaJ agreement of the parties hereto. The seller shall pay all recorc3ing costs 13. Seller shaII provide an affidavit on the date of closing, indicating that, to the best of its knowledge, the Seller has not used or permitted the use of the subject property as a hazazdous waste disposal facility as defined in section 115A.03 Subd. 10 of Chapter 121 of the Laws of Minnesota of 1983, and that thera is no basis to conclude that this property has been subject to or contaminated by the release of any hazardous substance, hazardous waste, pollutants of contaminants as defined in Section 115B.02 ofthe Minnesota Statutes. 14. All warranties and representations made in this Purchase Agreement shall survive the ciosing and the conveyance oftitle to the property. This Purchase AgreemenY and ali obligations provided shall, to the exteni not iuliy satisfied and performed by or through the C2osing, survive the closing and the conveyance of title to the property. 15. This Agreement is subject to approval by the St. Paul City Council. SELLER; z � By: Date: g'� 9 � Its: QOG� 5��,,.n ar C=IR i : Date: � ����� (PurAgree.SelPIeasShef� �� \ I / �; �: �: w; x; v: �; � . �`�5 : (7�e.- t31� �� � '�--�> �.�.�� ---- , , �. ,, , . , ; � , . � � . ,' � � , . : �� � ' I ;�'� � �� �_ , � � � � � _.� � � �... � ;- . .. � ^.�-- � � ° ,. , , , � ,' . , , , ; ; ` r � � , ,�� � �� Q i � � r . � � � � _��' i � � n r � _; ��� � � � ; � � ___..._-- - -- - ,-- -- --_____. _ - _NO1JfV(X3'f _____-.