Loading...
HomeMy WebLinkAboutResolution - 2014-79 - Acquisition of 11201 Burr Ridge Lane - 08/19/2014 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2014-79 RESOLUTION AUTHORIZING ACQUISITION OF PROPERTY AND APPROVING SETTLEMENT AGREEMENT, RELEASE, AND WAIVER. WHEREAS, the City Council previously ordered the demolition and removal of the residence located at 11201 Burr Ridge Lane, Eden Prairie, Minnesota legally described as Lot 8, Block 15, Bluffs West, according to the recorded plat thereof, Hennepin County, Minnesota. Being Registered land as is evidenced by Certificate of Title No. 1102448 (hereinafter referred to as the "Property"); and WHEREAS, the Director of Public Works advised the Council that acquisition of the Property in fee is necessary to construct a storm sewer system and to stabilize and repair soils in and around the Property; and WHEREAS, the City previously authorized the Director of Public Works and the City Attorney to acquire the Property through negotiation or condemnation; and WHEREAS, after negotiations between the City Attorney and the owners of the Property, the Director of Public Works and the City Attorney recommend the City acquire the Property for $450,000.00, approve the Settlement Agreement, Release, and Waiver, and authorize execution of the same and such other documents that are necessary to close the transaction. NOW, THEREFORE, BE IT RESOLVED by the Eden Prairie City Council that the Director of Public Works and City Attorney are hereby authorized to acquire the Property for $450,000.00, that the Settlement Agreement, Release, and Waiver is approved, and that the Director of Public Works and the City Attorney are authorized to execute the same and such other documents that are necessary to close the transaction. ADOPTED by the Eden Prairie City Council on August 19, 2014. ATTEST: n 4yu ns, Mayor SEAL Ka Teen Porta, City Clerk