Title
RESOLUTION OF INTENT TO SELL OR CONVEY CERTAIN REAL PROPERTY IN THE FAIRMOUNT NEIGHBORHOOD.
Body
CITY PROPOSAL:
WHEREAS, Section 2-176(a) of the Duluth City Code, 1959, as amended, requires that prior to any city-owned property being offered for sale or conveyance, the city council shall, by resolution, state its intention to sell or convey such property.
NOW, THEREFORE, BE IT RESOLVED, that the Duluth city council hereby states its intention to offer for sale or conveyance property in the city of Duluth legally described as:
Lots 4-16, inclusive, Block 2, CLINTON PLACE ADDITION TO DULUTH
Lots 11-16, inclusive, Block 3, CLINTON PLACE ADDITION TO DULUTH
Lots 5-16, inclusive, Block 5, CLINTON PLACE ADDITION TO DULUTH
St. Louis County, Minnesota.
Statement of Purpose
STATEMENT OF PURPOSE: The purpose of this resolution is to state the City’s intent to convey real property located in the Fairmount neighborhood north of Main Street, West of Nicollet St. and near 67th and 68th Avenues West. The real property proposed to be sold or conveyed are vacant lots and is outlined in red on the attached Exhibit A. The Duluth Economic Development Authority (“DEDA”) is working on a housing project in this area and desires to include this property within the overall site. The City and DEDA are currently negotiating a purchase agreement to govern the terms and conditions under which the property will be conveyed.
The city’s planning department reviewed the proposed sale or conveyance for conformity to the city’s comprehensive plan and determined that a sale or conveyance of the property conforms with said comprehensive plan and the property is surplus to the city’s future needs. The letter of conformity is attached as Exhibit B.
According to the St. Louis County assessor, the real property intended to be sold or conveyed has a current estimated market value of $42,700.