HomeMy WebLinkAboutResolution - 2016-92 - Acquisition of Property for Eden Prairie Road South Realignment - 08/16/2016 CITY OF EDEN PRAIRIE
HENNEPIN COUNTY, MINNESOTA
RESOLUTION NO. 2016-92
RESOLUTION AUTHORIZING ACQUISITION OF PROPERTY FOR
CONSTRUCTION THE EDEN PRAIRIE ROAD SOUTH REALIGNMENT PROJECT
WHEREAS, the City of Eden Prairie (the "City") previously entered into that certain
Development Agreement with Pulte Homes of Minnesota, LLC ("Pulte") dated August 20, 2013
for the Reeder Ridge development; and
WHEREAS, the Development Agreement between the City and Pulte reserves Outlot B, Reeder
Ridge for acquisition by the City for the Eden Prairie Road South Realignment project (the
"Project"); and
WHEREAS, the acquisition of Outlot B, Reeder Ridge is necessary for construction of the
Project.
NOW, THEREFORE, BE IT RESOLVED that the Eden Prairie City Council approves and
authorizes the acquisition of Outlot B, Reeder Ridge from Pulte for $63,800.00, the tax assessed
value, and further authorizes the Mayor and City Manager to execute a Purchase Agreement and
such other documents as are necessary to consummate the acquisition.
ADOPTED by the Eden Prairie City Council on August 16, 2016.
cy -Lu s, ayo
ATTEST:
SEAL
Katl&en Porta, City Clerk