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HomeMy WebLinkAboutOrdinance 512ORDINANCE NO. 512 BEING AN ORDINANCE PROVIDING.FOR THE DISPOSITION BY EXCHANGE OF CERTAIN REAL BRORERTY OWNED BY THE CITY AND AGREEING'TO CONSTRUCT A STORM SEWER IMPROVEMENT ON PROPERTY ACQUIRED BY SUCH EXCHANGE. THE CITY OF COLUMBIA HEIGHTS DOES ORDAIN: 1. This Council has received from Super Value Realty, Inc. a proposal whereby sai~dSupDr Valu Realty, Inc., would convey to the City the following described property: Lots Four (4), Five (5) and Six (6), Block Two (2), Rearrangement of Block "A", Columbia Heights Annex to Minneapolis, excepting the East 107.3 feet thereof. In exchange for the conveyance by the City to the said Super Value Realty, Inc., of the following described property: The East 107.30 feet of Lots One (1), Two (2), and Three (3), Block TWo (2), Rearrangement of ~ Block "A" Columbia Heights Annex to Minneapolis/ together with vacated streets adjacent thereto. 2. Said proposal also provides that the City will construct on Lots One (1) through Six (6), incluSive, Block Two (2), Rearrangement of Block "A'~, Columbia Heights Annex to Minneapolis, excepting the east 107.3 feet thereof, an improved ponding area for storm sewer purposes, to replace the ponding area presently maintained by. the City on a part of the property described in paragraph 1. hereof, and a part of Block 1 of said addition. 3. It is hereby found, determined and declared that it is in the best interest of the'City and the inhabitants thereof to accept said proposal of Super Valu Realty,Inc., upon the terms herein recited and upon such further terms and conditions as are set forth in the form of Agreement, on file in the office of the City Clerk, which agreement is hereby incorporated herein and made a part hereof. The Mayor and City Manager are hereby authorized and directed, on behalf of the City, to execute said Agreement and such other instruments as may be necessary to accomplish the exchange of lands hereby provided for, First reading - February 13, 1961 Second reading - February 27, 1961 Offered by - McCline Seconded by - King Roll Call - ~a~i~s: a~b~s~a~ined from voting Ayes: King, McCline, /- Armstrong, Orendorff/' /i J .... ~ ............. 'MAYOR