HomeMy WebLinkAboutResolution - 89-56 - Authorizing Advance Acquisition of Otterlie Property, Lot 3, Block 2, Eden Prairie Industrial Center - 6
CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 89-56
ADVANCE ACQUISITION -- OTTERLIE PROPERTY
LOT 3, BLOCK 2 , EDEN PRAIRIE INDUSTRIAL CENTER
WHEREAS, the City of Eden Prairie has adopted an official map for the
proposed construction of Trunk Highway 212;
WHEREAS, Lot 3, Block 2 , Eden Prairie Industrial Center is wholly within the
right-of-way limits as designated on said official map;
WHEREAS, said lot contains approximately 5.2 acres and lies adjacent to
improved Wallace Road and is serviced by utilities;
WHEREAS, the owner has demonstrated an intent to market the property for
development purposes ; and
WHEREAS, the Metropolitan Council administrates a funding mechanism (Right-
Of-Way Acquisition Loan Fund) to avert imminent conversion of developable
property.
NOW, THEREFORE, BE IT RESOLVED BY THE EDEN PRAIRIE CITY COUNCIL that the
Director of Public Works be directed to submit an application to the
Metropolitan Council for the purpose of acquiring Lot 3, Block 2, Eden
Prairie Industrial Center in accordance with the Advance Aquisition and Loan
procedures .
ADOPTED by the Eden Prairie City Council on March 7, 1989.
l�
Gary D eter"son al~t"yorJ
ATTEST: SEAL
J . Frane, Clerk