HomeMy WebLinkAboutResolution No. 2007-034 Sale of Tax Forfeit Property - 6904 Point Dr w91Ni A, RESOLUTION NO. 2007-34
o� e r ' APPROVING PURCHASE OF TAX-FORFEITED PROPERTY
J o FOR SALE TO ADJOINING PROPERTY OWNER
fU•'�C�Ayoa�fS,�y
City Of Edina
BE IT RESOLVED by the City Council (the "Council") of the City of Edina (the "City"), as
follows:
1. Recitals. Pursuant to Resolution No. 2006-62, the Council approved the reconveyance to
State of Minnesota (the "State') of certain tax-forfeited property described in Resolution No. 2006-62
(the "Property") on the condition that sale of the Property be restricted to adjacent property owners.
Pursuant to such authority the City reconveyed the Property to the State. The State, through the
Hennepin County Tax Forfeited Land Department,has approved the sale of the Property to Frederick
B. Bertron and Timothy P. Creagan ("Bertron-Creagan'), who are the owners of 6904 Point Drive
which is adjacent to the Property,by a sale of the Property to the City for resale by the City to Bertron-
Creagan. There has been prepared an Agreement to Transfer Property (the "Agreement") by and
between the City and Lawyer's Title Insurance Corporation, pursuant to which Bertron-Creagan will
provide the City with all of the funds required to purchase the Property from the State, and the City
agrees upon the transfer of the Property to the City by the State, to transfer the Property to Bertran-
Creagan.
2. Approval. The purchase of the Property by the City from the State with funds provided by
Bertron-Creagan, and the transfer of the Property by the City to Bertron-Creagan is hereby approved,
• and the Mayor and City Manager are authorized to execute and deliver the .Agreement on behalf of
the City. Such approval is conditioned on Bertron-Creagan executing and delivering a restrictive
covenant that combines the Property with Bertron-Creagan s existing parcel at 6904 Point Drive, and
provides that such parcels may not be transferred separately.
Adopted this 6th day of March,2007.
Attest: 4 I_IV ��J
CityClerkaures B. Hovland,Mayor
Debra A. Mangen,C
STATE OF MINNESOTA )
COUNTY OF HENNEPIN)SS
CITY OF EDINA )
CERTIFICATE OF CITY CLERK
I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby certify that
the attached and foregoing Resolution was duly adopted by the Edina City Council at its Regular
Meeting of March 6, 2007 and as recorded in the Minutes of said Regular Meeting.
WITNESS my hand and seal of said City this day of 20
•
City Clerk
City Hall 952-927-8861
4801 WEST 50TH STREET FAX 952-826-0390
EDINA,MINNESOTA,55424-1394 www.cityofedina.com TTY 952-826-0379