Title
RESOLUTION AUTHORIZING THE EXECUTION AND FILING OF A NOTICE OF FUNDING RESTRICTIONS OVER PROPERTY TO BE INCLUDED WITHIN THE BOUNDARY OF HARTLEY PARK.
Body
CITY PROPOSAL:
WHEREAS, Resolution No. 18-0613 authorized the city of Duluth ("City") to purchase certain real property adjacent to Hartley Park from Independent School District No. 709 ("ISD No. 709") for $390,250;
WHEREAS, Resolution No. 18-0126, as amended by Resolution No. 18-0308, authorized the City to accept a grant from the state of Minnesota to fund the purchase of the property from ISD No. 709 (the "Grant"); and
WHEREAS, a condition of the Grant requires the filing of a notice of funding restrictions against the real property to prevent it from being sold, transferred, pledged, or otherwise disposed of or further encumbered without obtaining the prior written approval of the Lessard-Sams Outdoor Heritage Council or its successor.
NOW THEREFORE, BE IT RESOLVED, that the proper city officials are hereby authorized to execute the Notice of Funding Restrictions, substantially in the form attached as Exhibit 1, over the real property described below:
Lots One (1) through Ten (10), both inclusive, Block Four (4);
Lots One (1) through Six (6), both inclusive, Block Five (5);
All of Block Six (6);
Lots Thirteen (13) through Twenty-one (21), both inclusive, Block Seven (7);
Lots One (1) through Eight (8), both inclusive, Block Eight (8);
All of Block Nine (9);
together with all vacated streets and avenues appurtenant thereto, all in HARTLEY HILLS FOURTH ADDITION, St. Louis County, Minnesota.
EXCEPT all minerals.
FURTHER RESOLVED, that the proper city officials are hereby directed to file the Notice of Funding Restrictions with the St. Louis County Recorder and/or Registrar of Titles in order to properly effectuate the restrictions described above.
Statement of Purpose
STATEMENT OF PURPOSE: The purpose of this resolution is to authorize the execut...
Click here for full text