Res 73 - 75 Authorizing Amendment to Shaughnessy-Young Agreement�
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Village of Mendota Heights
Dakota County, Minnesota
RE50LUTION N0. 73-75
RESOLUTION AUTHORIZING AMENDMENT TO
SHAUGHNESSY-YOUNG AGREEMENT
WHEREAS, in connection with the development of the Village's park
system, the Village Council by resolution adopted on August 7,.1973,
approved the purchase of part of Lot l, Auditor's Subdivision No. 2
together with that portion of the Northeast quarter of Section 23,
Township 28, Range 23 lying southeasterly of the original reservation
line as extended into said Northeast quarter in Dakota County,
Minnesota, and
WHEREAS, the owners of said property, J. Raymond Young, Jr. and
Lawrence E. Shaughnessy, Jr., do not at present have record fee
simple title to that portion of the above described property described
as follows :
That portion of the Northeast quarter of Section 23,
Township 28, Range 23 lying Southeasterly of the
original reservation line as extended into said
Northeast quarter, �
and
WHEREAS, the Village Attorney has prepared and presented to the
Village Council a supplemental agreement to be entered into by and
between said landowners and the Village providing for the modifica-
tion of the earnest money contract previously entered into with
respect to said entire parcel to delete therefrom that portion of
said property not presently owned in fee by said sellers and to
reduce the total purchase price thereunder from $16,700.00 to
$15,700.00.
NOW THEREFORE, IT IS HEREBY RESOLVED by the Village Council of the
Village of Mendota Heights, Minnesota, as fo].lows:
1) That the Village pay to the owners of the above des-
cribed property the total sum of $15,'700.00 as full payment
and consideration for the acquisition by the Village of
the above described property less that portion thereof
which is presently not owned by said landowners.
2) That if said sellers obtain title to the portion of
said property to which they do not presently have record
title on or before December 31, 1975, and convey the same
to the Village, the Village will pay to said sellers as
consideration for said property the total sum of $1,000.00.
3) That the Mayor and Clerk are hereby authorized and
directed to execute on behalf of the Village said supp].emental
agreement presented to the meeting providing for the under-
standing hereinabove set forth.
Adopted by the Village Council o£ the Village of Mendota Heights
this 2nd day of October, 1973.
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v.r.iu�.a. �. a-s• �ycca
Village C].erk
VILLAGE COUNCIL
VILLAGE OF MENDOTA HEIGHTS
By
Donald L. uber
Mayor
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