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Posted on: November 27, 2018

AN ORDINANCE UNDER SECTION 12.06 OF THE CITY CHARTER


ORDINANCE NO. ______

 

AN ORDINANCE UNDER SECTION 12.06 OF THE CITY CHARTER

AND MINNESOTA STATUTES SECTION 465.035

REGARDING CERTAIN REAL ESTATE AND

AUTHORIZING THE CONVEYANCE THEREOF

 

SECTION 1.            The City of Fridley is the fee owner of the tract of land within the City of Fridley, Anoka County, State of Minnesota, described as follows:

Lots 6, 8, 9, 10, 11, 12 and 13, Block 1, Fridley Plaza Center, according to the recorded plat thereof, Anoka County, Minnesota (the “Lots”).

SECTION 2.            The City Council hereby determines the following:

A.       The City no longer has any reason to continue to own the Lots, and the City Council is hereby authorized to transfer the Lots to the Housing and Redevelopment Authority in and for the City of Fridley, Minnesota (the “Authority”) for disposal.

B.       The Lots are to be part of a redevelopment project (the “Project”) undertaken by the Authority.

C.      After redevelopment of the Project, the Authority will transfer any sales proceeds, less its expenses, to the City.

SECTION 3.            The Mayor and City Clerk are hereby authorized to sign the necessary contracts and deeds to effect the transfer of the above described real estate.

PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 10TH DAY OF DECEMBER, 2018.

 

 

                                                           

SCOTT J. LUND – MAYOR

ATTEST:

 

________________________________

DEBRA A. SKOGEN – CITY CLERK

 

Public Hearing:        November 26, 2018

First Reading:          November 26, 2018

Second Reading:     December 10, 2018

 

 

4810-6796-4026, v. 1

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