AN ORDINANCE UNDER SECTION 12.06 OF THE CITY
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 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.
The Lots are to be part of a redevelopment
project (the “Project”) undertaken by the Authority.
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.
AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 10TH DAY
OF DECEMBER, 2018.
SCOTT J. LUND – MAYOR
DEBRA A. SKOGEN – CITY CLERK
Public Hearing: November 26, 2018
First Reading: November 26, 2018
Second Reading: December 10, 2018