87-7378R48
RESOLUTION N0. 7378
RESOLUTION AUTHORIZING
PIIjtCSASE OF LAND
(7300 Pirst Avenue South)
WHEREAS, la August of 1984 the City sold aad conveyed the tract of lead
at 7300 First Avenue South. (Property) to David aad Lori Morgan (Morgans) such
property being legally described in the attached E~chibit A; aad
WHEREAS, at the time of such sale the City and the Morgans oars aware
that, because of the Iow elevation of the Property, surface water occasionally
could stand oa the property following rainstorms on occasion. would eater the
basement of the structure through the windows and other non-watertight erase
of the basement walls; and
WHEREAS, although at the time of such sale the City had taken certain
measures to improve the ratertight integrity of the basement, both the City
and the Morgans were aware that those measures would neither elimiaata the
standing water on the Property nor entirely grevent the infiltration of avatar
into the basemsnt; aad
WHEREAS, at the time of the ^ale, neither party was aware of the fact
that is addition to the known problem of surface water accumulation aad
iuf filtration, the basement was also subject to severe hydrostatic pressure
during periods of heavy rain; and
WHEREAS, following the unusually heavy zaiastorm of July 23, 1987, as
upheaval of the basement floor occurred. apparently due to aevsre hydrostatic
pressure, causing damage to the building; and
WHEREAS, the Morgans have notified the City that they may aommeaoe
litigation to seek a declaration setting aside the sale of the Property to
them, and have asked the City to
return their purchase price to
WHEREAS, th• Morgans have
attached hereto as Exhibit A,
to rescind the vale voluntarily and to
and
ed the City with a Purchase Agreement,
ng for the repurchave of the Property by
the City for a price equal to thelprice ~-h3ch the Morgans had previously paid;
aad
WHEREAS, the Council has received the advice and recommendatiaas of the
' city manager aad city attorney.
NOW, THEREFORE, BE IT RESO~.VED by the City Couacil of the City of
Richfield, Miaaesota as foilaws:
1. The purchase of the Property',, is .accordance ~-ith the terms set forth aad
described in Exhibit A is hereby approved.
2. The mayor and city manager are hereby authorized sad directed to execute
Exhibit A on behalf of thel City, and to take all actioav aad do all
things necessary to complete', the purchase of the Property in the meaner
described in Exhibit A.
3. The Couacil finds that tie property acquisition approved in this
reaolutioa has no relationship to the City'• Co r ensive plan.
Passed by the City Council of the C'~,ity of R' h ield~,r~Mi esota, this 23rd day of
November, 1987, 'I ~~ ~ ! ,,~
ATTEST:
~ ~ ~
Thomas Ferber,
~/
2
__ ._. ._.
Resolution 7378 Exhibit A
. ~° /'1'ANDARD r~iOiraiw'o.°".
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~xhibic ~- - ~-ttaeha•nt to tui
south
bass ~stts•nt, 7300 - 1•t ~sanu•
- .North lOS !~•t of ~ltast i30.~t feet o! Nest i/~ o!
Notth 10 acres o! oath 20 aor~s o! •outbwst i/4 of
Northeast l/4 0! tZvtion 3~, Tornship 2t, Ranq• Z~,
~xeept soa0
•ub~~et to sestti~
t•cord and •~b~•
oovnant: ~rantt•
herein rich tb• kn
the property iron
ooca~ion !1004 the
the dreilin9 loci
Grantee, ita •uoc~
bolds bar~les• ra~
assigns !tow lab
result tros the ooi
on the oonv~yd pto
!ions, tas•~•nt~ or oovnants o!
t to the toliorinq additional
aeo•pts tb• pre~ises deaesib•d
ridge that •tocs rater say flood
,is~ to tis~, .and lurtb•r say on
~ntir~ baeewent an0 iis•t !loos o!
,ed upon the aonv~ytd *rop•rty.
:sots and assi'na, s~l•asss and
tors, theft baits, •nao~asors and
lity for any Oasages rAiob say
getion and flooding o! •ton ra~•r
arty.
'thi• oovnant i• b rdby oYpraasiy •ade an tss•ntial~
part- ~o! this instc~iNnt, and :hail be and t•aain an
obligation ritb t~s'•et to tba pproperty and :bail sun
rith tbt land and •haii b• binding on tb• parti••
b~rein d•iignated, htir •ucc~ssors, baits and assigns.
Resolution 7378
txeiris ,-
Nottb lOS toes e
North 10 ae c~• et
NottMaat 1/~ et
~xegt rea0
t •a~t is0.~• !Nt of Ntat i/4 of
loath !0 aore• et teatbw~t i/~ of
leotieo !1, lovnabip !t, !~• !t,
•ab~eot to t~~ttiotioot, ea~N~ot~ et oo~~naet• of
seeor0 •od ssusaeet !e tM telloviup aaditienal
oo~ooants ~tantee aeeopt• !be ptNi~os; ~etesibea
,bortio vitb the knov1o04• that •terss vate: srar tioo0
" tbo ptoportr ttoss floe to tiN, ,tad tattbot s;aY ea
ooeaaioo t1oo0 tbo eotite 0aaeseAt tea titet tleor of
tbo availio~ loeatoa dpon the oonver~ ptopertr.
Oraot~e, tt• aaooes~sate ane aaai9ne, teloasos~ an0
be30• bats#i~s• cantots~, tbeit Mitt, ~oooes;~ot• and
•aei n• trac i~abilitr !et a~ aaupoa vbieb oaY
ttau~t ttoa tbo oolleetioo aoa tloodisN of otota utter
or tb• oeo~eYoe pt~rtY.
lbis~ oo~onaat i• b~t~bY pYpteas~i sw-eo ao o~aootiai
part of tbi• ieotsuNat, and tba~i bo aoa tooaio an
obligation ritb toopoet to !bo ptopottY ao0 aball tan
vitb tbb land ant abaci b• bindle oe tb• partio•
botoie doii9nato4, tboir anoaoasors~, ~oit• ae0 aasi'oa.