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1966-3582r- - ~.o RESOLUTION No, 358 RESOLUTION AUTHORIZING SALE OF LAND - VICINITY OF 82N'D STREET AND FRANCE AVENUE, BLOOMINGTONy MINNESOTIl~. BE IT REISOLVED by the City Council. of the City of Richfield Minnesota9 as follows 1. It is hereby determined that the following described land in the City of Bloomington$ County of Hennepin, State of Minnesota, now owned by the City of Richfields is no longer needed for city purposes to-wits That part of the Northwest Quarter (N6~) of the Southwest Quax^ter (56~tg~9 of Section Five (5)~ Tc~,rn~ship Twenty-seven (~7)' Range Twenty-four (~~)~ t~i..tYi°in the fa~ll.owir~ described bouudariesa Commencing at the Northwest Corner of the Northwest- Quarter of the Southwest Quarter of said Section Five9 thence east along the North boundary ~.ine of the Northwest Quarter of the S~:uthwest Quarter of said Section Five9 a distance of Nine Hundred and Nin®ty (990 feet thence South and parallel with the East boundary line of the Northwest Quarter of the Southwest Quart®r of sa3.d 5ectioan Five9 a distance of Four Hundred Forty (~0, feet9 thence &~?'est and parallel. with the North boundary line of the Northwest Quarter of tote So'.athwesf Quarter off' said Section Fiv®,, a distance of Nine Hundred and Ninety (qqO°s feete thence North alox~ the West boundary line of the Nortka- west Quarter of the Southwest Quarter of said Section Fives a distanca of F®~.xr Hua~dred Forty (l~1.~0) feet to th® point of beginnings coi~tain3ng ten (~n~ acres mire oa° l~gss according to the Government Survey thereof. 2. A proposed earnest money contract with Elmer S. Tc~llefson .for the purchase of su~sh hand is hereby given Clerle~s Fil® No, C-7233 and ordered to be p~.aced on f3..leo ;. Tt is hereby deterYnl.ned that such proposed contract provides a fair a~ rea.s~.~anable basis for the sale of suoh land to said Elm®r S, Tollefsor~,~ and this city .y~,r and manager are hereby authorized and directed to exeoute such ' contract on be~.asf of the city. ~, 't'he mayore manger and members of the administrative staff are hereby authorized and d~.rected to ta~Ce such other and further steps as may be necessary to give effect to the provisions of such agreement. 5, The }~roceed® from .the sale of. such land- shall be used only for the p~x°cha.se ~f ps,r~ grre~perty for the pity. Unti.7. suoh proceeds are used for that p~9~cee9 th~~ shs'~1. be scat aside in a separate account anr~ shall bg used for no ~rther pur~osey b'~t such pros:®®ds may bA invested snr~ rAinvested in authorized m'an~,cipeZ ir~rPsta~ert~a unt~.`~ they can be applied toward the purchase of -parr pr~sperty. ~. This resolutian shall be effective upan the effective date of Ordi.nar~c® N~z. 1a~.02. Faased by the C~.ty Council. of the City of Richfield this ll~th day of Mare 19b~. AZ'TF.ST' ~ ~ SL2~-~ a ey ~n _ ~~ .... ~c~ward . Moli girls