HomeMy WebLinkAboutResolution 94-21RESOLUTION 94- 21
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLUMBIA HEIGHTS,
MINNESOTA, AUTHORIZING THE PURCHASE OF 4600/02 PIERCE STREET, 4606/08
PIERCE STREET, AND 4612/14 PIERCE STREET
WHEREAS, the City Council of the City of Columbia Heights (the "City') and the Housing and
Redevelopment Authority in and for the City of Columbia Heights (the *Authority") have adopted a
plan for the redevelopment of Sheffield neighborhood entitled 'The Sheffield Neighborhood
Redevelopment and Housing Development Plan" ("Plan~); and
WHEREAS, the City and the Authority have determined that there exists buildings and residential
structures within the Sheffield neighborhood project area that are deteriorated and sub-standard
pursuant to the terms and conditions of Minnesota Statute 469 or are in need of compulsory repairs
which are in violation of the City's Housing Maintenance Code and other city ordinances, and as such,
there exists a need for intervention so as to prevent further deterioration within the area; and
WHEREAS, the City has been offered a purchase agreement calling for the acquisition of three vacant
and sub-standard duplexes located at 4600/02 Pierce Street, 4606/08 Pierce Street, and 4612/14 Pierce
Street; and
WHEREAS, Robert J. McNulty, Helen L. McNulty, and Kathleen L. Lind, as Trustee, have offered
the attached purchase agreement dated March 14, 1994 calling for the sale of the real estate at a price
of $162,000 payable in full at closing.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLUMBIA
HEIGHTS THAT;
o
The City Council hereby approves the terms of the purchase agreement attached hereto
identified as Exhibit A and authorizes the Mayor and City Manager to execute it on behalf of
the City.
The City Council hereby authorizes the City Manager to fulfill all the requirements and
conditions in order for the City to complete the transaction contemplated within the terms of
the purchase agreement.
The City Council approves a source of funding from the Capital Improvement Fund 410 in the
amount of $166,000 including 1994 payable real estate taxes and closing costs with an interfund
transfer from the retained earnings of fund 609, Liquor Fund.
PASSED this 28th day of March ,1994.
MOTION BY: Rue t t i ma n n
SECOND BY: Pete rson
ROLL CALL VOTE: AYES: Nawrocki, Jolly, Ruettimann, Peterson, 'Sturdevant
NAYES: None
ATTEST:
fi~-A~NE STODENT r~
~CITY COUNCIL SECRETARY
CITY OF COLUMBIA HEIGHTS, MINNESOTA
SEPH~[JRDEVANT, MAYOR