HomeMy WebLinkAboutResolution - 85-110 - Purchase of Hendrickson Property for Riley Lake Park - 05/07/1985 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY , MINNESOTA
RESOLUTION NO . 85-110
HENDRICKSON PROPERTY PURCHASE FOR RILEY LAKE PARK
WHEREAS , the City of Eden Prairie has received LAWCON and LCMR funding
for the purchase of the Robert Hendrickson property, located at 9191 Riley
Lake Road , and
WHEREAS , the acquistion of this property is necessary to complete the
approved master plan for the acquisition and development of Riley Lake Park ,
and
WHEREAS , the City Council has reviewed the appraisals of the property
indicating the value ranging from $83,000 to $135 ,725 , and
WHEREAS , the City Council agrees that the maximum value of that property
is $105 ,000,
NOW , THEREFORE , BE IT RESOLVED that the City of Eden Prairie agrees to
purchase the Robert Hendrickson property at 9191. Riley Lake Road for the sum
of $105 ,000 payable in cash at the time of closing, and the lease by the City
of a portion of the property, including the improvements thereon and the land
lying between Riley Lake Road and Lake Riley for the period and upon the terms
set forth in the proposed lease between the City and Robert C. Hendrickson and
Mavis A. Hendrickson reviewed by this Council is approved and authorized ,
BE IT FURTHER RESOLVED , that -in the event the City is unable to acquire
said property in accordance with the terms described above , the City Attorney
is authorized to initiate and prosecute proceedings on behalf of the City of
Eden Prairie to acquire the property by eminent domain.
ADOPTED by the Eden Prairie City Counci l this 7th �ay of May 1985.
Gary �D. Peterson , Mayor
ATTEST:
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0'� D . ` rare , City Clerk SEAL:
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