RES 17-40Resolution 17- 40
A Resolution Approving the Acquisition of Real Property
WHEREAS, Montgomery Family Partnership LLP, a Minnesota limited partnership, ("Owner") is the fee
owner of real property legally described as Outlet B, Cascade Industrial Park, Sherburne County, Minnesota,
according to the recorded plat thereof ("Property");
WHEREAS, the 2003 approval of the Cascade Industrial Park plat, was on condition that the Property be
deeded to the adjacent property so that all properties had access to Buchanan Street N.W.;
WHEREAS, the Property was not conveyed as required by the plat approval;
WHEREAS, Owner has agreed to convey the Property to the City by quit claim deed for a purchase price
of $100;
WHEREAS, acquisition of the Property by the City is in the best interest of the City because it will
provide appropriate access of all adjacent properties to the public right-of-way.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River,
Minnesota, as follows: Click here to enter text.
1. The City Council fords that acquisition of the Property has no relationship to the
comprehensive municipal plan. The requirements of Minn. Stat. §462.356 are hereby dispensed with;
2. The acquisition of the Property under the terms provided in this Resolution is hereby
approved and the Mayor and City Clerk are hereby authorized to execute and deliver all necessary documents
to record the quit claim deed to the Property, conditioned upon release of any mortgages against the
Property.
Passed and adopted this 17th day of July, 2017.
Jo J. D'etz, May
ATTEST
Tina Allard, City Clerk
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