Title
AN ORDINANCE AUTHORIZING THE CONVEYANCE OF CERTAIN PROPERTY NEAR THE DULUTH INTERNATIONAL AIRPORT TO THE DULUTH ECONOMIC DEVELOPMENT AUTHORITY FOR NOMINAL CONSIDERATION.
Body
CITY PROPOSAL:
The city of Duluth does ordain:
Section 1.
(a) Pursuant to Section 2-176(a) of the Duluth City Code, 1959, as amended (the "Code"), the city council stated its intention to sell or convey certain property as set forth in Resolution No. 23-0155, which property is legally described as follows:
The building and other improvements located on the real property located in St. Louis County, Minnesota described as follows (the "Building"):
The South 120.00 feet of Lot 17, Block 4, Airport Division and the South 152.13 feet of the West 65.00 feet of said Lot 17, Block 4, EXCEPT the vacated westerly adjacent spur street; Lot 1, Block 5, Airport Division; and the vacated Taylor Circle, as dedicated in said Airport Division, EXCEPT that part of said Taylor Circle lying easterly of the northerly extended centerline of the easterly portion of said Taylor Circle.
(b) Pursuant to Section 2-176(b) of the Code, the city's planning department reviewed the proposed conveyance of the Building for conformity to the city's comprehensive plan and reported that the conveyance of the Building conforms with said comprehensive plan and is surplus to the city's future needs.
(c) Pursuant to Section 2-176(c) of the Code, the St. Louis County Assessor determined that the estimated market value of the Building is $2,912,200.
(d) Pursuant to Section 2-177.3 of the Code, the city council finds that a conveyance of the Building to the Duluth Economic Development Authority, a public body, corporate and politic and political subdivision under Minnesota Statutes Chapter 469 ("DEDA"), is in the best interests of the citizens of the city and exceeds the needs of the city to retain the Building.
Section 2. That the proper city officials are hereby authorized to: (i) convey the Building to DEDA in...
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