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80-011 RES 410 RESOLUTION 80-11 AUTHORIZING THE MAYOR AND CITY ADMINISTRATOR TO ENTER INTO AN AGREEMENT FOR THE SALE OF TURBINES AND OTHER RELATED HYDRO EQUIPMENT TO MR. RICHARD KASTER WHEREAS, on May 20, 1980, the City Council authorized the City Administrator to negotiate a contract for the sale of turbines and other related hydro equipment from the Orono Dam (the "Units") to David Mercer; and WHEREAS, Mr. Mercer has advised the City Administrator that he no longer intends to purchase the Units and has other- wise revoked his offer to purchase; and WHEREAS, Mr. Richard Kaster, a resident of the State of Idaho, has made a bona fide offer to the City to purchase the Units for $20, 000. 00 and will remove the Units at his own expense and his activities will not interfere with the City ' s general contractor on the Orono Dam Rehabili- tation project ; and WHEREAS, the City Council believes that any further delay in the reconstruction of the Orono Dam would create an emergency, 411 NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Elk River that the Mayor and City Administrator are author- ized to enter into an agreement for the sale of the Units to Mr . Richard Kaster for $20, 000.00 and that said Units be removed immediately. Adopted this 16th day of June, 1980, by the Elk River City Council . '/ ; „)2(g‘Z- k Madsen, Mayor ATTEST: Ro ert C. Mi dough g City Administrator/Clerk