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HomeMy WebLinkAboutResolution - 95-146 - Sale of Land to Mn/DOT for TH 212 IC 51-348 - 08/01/1995 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 9 5 - 14 6 SALE OF LAND TO MN/DOT FOR TH212 (OUTLOT B, RED ROCK SHORES ADDITION) 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 Outlot B, Red Rock Shores Addition, generally located at the southeast corner of CSAH 4 and Red Oak Drive 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$134,746.37, 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 Outlot B, Red Rock Shores Addition, which is Parcel 4, County of Hennepin for S.P. 2762 (212=260) 902. ADOPTED by the Eden Prairie City Council on August 1, 1995. Jean L. Harris, Mayor ATTEST: SEAL JM rane, City Clerk