RES 26-22City of Elk River
City Council
Resolution 26-22
A Resolution of the City Council of the City of Elk River
Amending a Real Estate Purchase Agreement between the City
of Elk River and Coborn's, Incorporated.
WHEREAS, the City entered into a land purchase agreement with Coborn's, Inc.
on October 22, 2025, to purchase real property, with closing to occur by March 6,
2026.
WHEREAS, the City and Coborn's contemplated a previous extension to April 8,
2026.
WHEREAS, the City and Coborn's desire to set the date of closing to May 1, 2026.
WHEREAS, the City and Coborn's desire to modify the agreement by inserting a
surveyed legal description of the property to be acquired by the City.
WHEREAS, the City and Coborn's desire to further incorporate other terms
regarding existing encumbrances into the agreement.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk River,
Minnesota, as follows: This Amendment to the Purchase Agreement is hereby
approved.
Passed and adopted this 6th day of April 2026.
ATTEST:
-Q L
Jolene Richter, Deputy Clerk
$nj ietz, Oayor