Title
RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY FROM JAMES D. MCCAULEY IN THE LINCOLN PARK NEIGHBORHOOD FOR $5,000.
Body
CITY PROPOSAL:
RESOLVED, that the proper city officials are hereby authorized to enter into a purchase agreement, substantially the same as that on file with the office of the City Clerk, with James D. McCauley authorizing the purchase of that certain real property in St. Louis County, Minnesota legally described below (the "Property") for $5,000 (the "Purchase Price"):
Parcel 1
Southerly 29 feet of Lot 15, MYERS REARRANGEMENT OF BLOCK 70, DULUTH PROPER SECOND DIVISION
Northerly 27 feet of Lot 10, MYERS REARRANGEMENT OF BLOCK 70, DULUTH PROPER SECOND DIVISION, including 5 feet of adjacent vacated alley
Parcel 2
Northerly 25 feet of Lot 14, MYERS REARRANGEMENT OF BLOCK 70, DULUTH PROPER SECOND DIVISION
FURTHER RESOLVED, that the proper city officials are hereby authorized to: (i) execute all documents necessary to effectuate the acquisition of the Property from James D. McCauley, and (ii) pay the costs allocated to the city in the purchase agreement, payable from Fund No. 210-030-3132-5441 (special projects, finance, vacant building registration, other services and charges).
FURTHER RESOLVED, that in the event it is determined that James D. McCauley does not own fee title to Parcel 2 of the Property (described above), the City's City Administrator is authorized to enter into an amendment to the purchase agreement to remove Parcel 2 from the transaction authorized by this resolution, with no change in the Purchase Price.
Statement of Purpose
STATEMENT OF PURPOSE: The purpose of this resolution is to authorize the acquisition of that certain real property described above (the "Property") from James D. McCauley ("McCauley") for $5,000 (the "Purchase Price.') The Property is located in the Lincoln Park neighborhood on Park Avenue above W. First Street and east of Piedmont Avenue. A map de...
Click here for full text