HomeMy WebLinkAboutOrdinance 530ORDINANCE NO. 530
BEING AN ORDINANCE AUTHORIZING THE SALE BY THE
CITY OF COLUMBIA HEIGHTS OF CERTAIN REAL ESTATE
ENOWN AS: OUTLOT 4, CIRCLE TERRACE, 1ST ADDITION,
AND THOSE PARTS OF LOT 5,6,41 and 42, BLOCK 4,
RESERVOIR HILLS, LYING IN THE CIRCLE TERRACE 2nd
ADDITION PLAT.
THE CITY OF COLUMBIA HEIGHTS DOES ORDAIN:
Section 1,
Authorization of sale,of Real Estate. That the City
of Columbia Heights shall sell and convey unt6 B & M
inc., those certain tracts of land lying and being in
the County of Anoka, State of Minnesota, described as
follows: to-wit:
Outlot 4, Circle Terrace, 1st Addition, and
those parts of Lot 5,6,41 and 42, Block 4,
Reservoir Hills, lying in the C~rcle Terrace
2nd Addition Plat.
Section 2.
Terms and Conditions of Sale. That the terms of sale
of said property to B & M Inc., shall be for~ cash in
the amount of 82,682.00.
It is further understood that the consummation of this
~a~d ~a~Desh~ll be contingent upon the execution of a
contract with B & M Inc. for the conveyance of certain
lands and services from B & M Inc. to the City of
Columbia Heights, and that said lands and services
are in conjunction with a park development plan in
Blocks 4 and 5, Reservoir Hills.
Section 3. M~yor and City Manager to execute Documents. The Mayor
and City Manager be, and the same are hereby authorized
to execute and deliver to sai~ purchaser the necessary
· ~deeds for carrying out the terms of this Ordinance.
Section. 4.
Time of Taking Effect. This Ordinance shall take effect
and be in force from and after Thirty (30) days after its
passage.
First reading: September 25, 1961
Second reading: October 9/ 1961
Offered by: King
Seconded by: Nawrocki
Roll Call -~1 A~yes.
Secretary to City Council
Third reading: November 13, 1961
Offered by King
Seconded by Nawrocki~
Roll Call - All Ayes.