Res 78 - 61 Providing for the Acquisition of Gold Medallion Corporation PropertyCity of Mendota Heights
Dakota County, Minnesota
RESOLUTION NO. 78-v/
RESOLUTION PROVIDING FOR THE ACQUISITION
OF GOLD MEDALLION CORPORATION PROPERTY
WHEREAS, in connection with the construction of the City's public
works garage building and related utility and street improvements,
it is necessary -that the City acquire certain property presently
owned by the Gold Medallion Corporation, and
WHEREAS, the City Attorney has presented a written agreement to the
Council dated June 6, 1978, executed on behalf of said Gold Medallion
Corporation, and
WHEREAS, said agreement provides that the City may immediately take
possession of the property necessary for the construction of said
public works garage building and related utility and street improve-
ments, and
WHEREAS, said agreement further provides for the contingent purchase
of said property by the City and provides further that if the contin-
gencies set forth therein do not materialize, the consideration to
be paid for said property would be determined through condemnation
proceedings, and
WHEREAS, the City Council has reviewed said agreement, and
WHEREAS, the City Council is of the opinion that said agreement is
in the best interests of the City of Mendota Heights.
NOW THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City
of Mendota Heights, Minnesota, as follows:
1) That the above-described agreement dated June 6, 1978,
be and the same is hereby in all respects approved.
2) That the Mayor and City Clerk be and they are hereby
authorized and directed to execute said agreement on
behalf of the City of Mendota Heights.
3) That the City Attorney be and he is hereby authorized
and directed to take any and all further steps necessary