HomeMy WebLinkAboutResolution - 95-68 - Sale of Lane to Mn/DOT for TH212 (Welter Property) - 04/18/1995 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 9 5 - 6 8
SALE OF LAND TO MN/DOT FOR TH212
(WELTER PROPERTY)
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WHEREAS, the City of Eden Prairie cooperated in the official mapping process to designate the
final corridor for Trunk Highway 212 through Eden Prairie;
WHEREAS, the official mapping process enables cities to acquire land in the corridor to protect
it from development with use of State funds administered through the Metropolitan Council
(Right-of-Way Acquisition Loan Fund);
WHEREAS, the City of Eden Prairie purchased an unplatted parcel generally located at the
southwest corner of Prairie Center Drive and Technology Drive (Welter Property) with said
Right-of-Way Acquisition Loan Fund proceeds; and
WHEREAS, the State of Minnesota now desires to purchase this property from the City of Eden
Prairie for an amount of$1,609,905.75, which represents the expenditure that the City made to
acquire said property.
NOW, THEREFORE, BE IT RESOLVED by the Eden Prairie City Council that the Mayor and
City Clerk are authorized to execute an "Offer to Sell and Memorandum of Conditions" and a
Quit Claim Deed to convey to the State of Minnesota the "Welter Property" which is Parcel 236,
County of Hennepin for S.P. 2762 (212=260) 902.
ADOPTED by the Eden Prairie City Council on April 18, 1995.
JL. Harris, Mayor
ATTEST: SEAL
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7oh . T rane, City Clerk