RES 22-62U
Resolution 22-62
A Resolution Approving a Conveyance of Certain Property
to Ran Properties, L.L.C.
WHEREAS, the City of Elk River ("City") desires to convey the certain property located in the
City to RAN Properties L.L.C. ("Buyer") pursuant to the terms and legal descriptions provided in
the Real Estate Purchase Agreement ("Agreement") attached hereto as Exhibit;
WHEREAS, the Planning Commission has reviewed the proposed conveyance and has
determined that it is consistent with the City's comprehensive plan;
WHEREAS, the City finds that the conveyance to "Buyer" as provided in the Agreement is in the
public's interest and furthers the aims and purposes of the City;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River,
Minnesota, as follows: The Agreement is hereby approved and the Mayor, City Clerk and City
Administrator are hereby authorized to execute and deliver all necessary documents required under
the terms of the Agreement.
Passed and adopted this 7th day of November, 2022.
ATTEST:
Tina Allard", -City Clerk
WJ.Dieyor
222902v1
EXHIBIT A
REAL ESTATE PURCHASE AGREEMENT
222902v1