81-6539R-..
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RESOLUTION N0. 6539
A RESOLUTION AUTHORIZING THE.PIIRCHASE OF REAL
PROPERTY AND IMMOVABLE FIXTURES AT 1825 E. 66TH:ST. >.
WHEREAS, the Richfield City Council proposes to purchase.
certain real property and .immovable fixtures to permit r~aximum
utilization of the liquor store site, and the real property
being described as:
That part of the East 2 of the Northeast 4 of the
Northeast ~ of the Southeast 4 of Section 26, Township
;- 28 North,: Range 24, West of the 4th. Principal Meridian,
--lying North of the South 430 feet thereof, and East of
'the West 125 feet thereof excluding roads. (1825 East
66th Street); and
WHEREAS, the city has caused appraisals of the subject
property to be made and has carefully considered such appraisals;
and
WHEREAS, the negotiations for the real property and immovable
fixtures have resulted in the execution of a purchase agreement
by the owners.
~ '" WHEREAS, there are sufficient monies available. in the
Municipal Liquor Fund to finance the purchase of this property.
NOW THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield:
that the City Manager is authorized to execute the
purchase agreement and to purchase the above described
property for $158,900, which includes relocation benefits,
and the monies are to be drawn from the Municipal Liquor
Fund.
66
Passed by the City Council of the City of Richfield, Minnesota,
this 14th day of December, 1981.
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'~~ t
o a d J. Prie e, Mayor
ATTEST
yl a K. Bergh, City Cle