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1968-4085r~~~ RESOLUTION No. 4085 RESOLUTION AUTHORIZING PURCHASE OF KEEFE PROPERTY COMPRISING PART OF THE WOOD LAKE AREA. BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. It is hereby determined to be necessary and expedient to the public health, safety,. convenience, prosperity and general welfare to acquire the property commonly known as the Keefe property, located on the west side of Lyndale Avenue adjacent to Wood Lake between 69th and 70th Streets. 2. The proposed purchase agreement providing for the purchase of such property by the City of Richfield is hereby found to be a reasonable agree- went, is hereby given Clerk°s File No. C-7941 and ordered to be placed on file. 3. The Mayor and Acting Manager are hereby authorized and directed to enter into such agreement for and on behalf of the City of Richfield, and the Acting Manager and his administrative staff are hereby authorized and directed to take such other and further action as is necessary to effect such purchase in accordance with such purchase agreement. 4, A11 sums payable pursuant to such agreement as the purchase price for such property or in payment of unpaid special assessments levied against such property shall be paid out of the Construction Account of the Special Revenue Fund. Passed by the City Council of the City of Richfield, Minnesota, this 12th day of November 1968. ATTEST: Stanley W. Olson Mayor Thomas Moran Clerk