HomeMy WebLinkAboutOrdinance 590ORDINANCE NO. 590
BEING AN ORDINANCE AUTHORIZING THE PURCHASE BY TEE
CITY OF COLUMBIA HEIGHTS OF CERTAIN REAL ESTATE
KNOWN AS: LOTS 3,4, and 5, BLOCK 64, COLUMBIA
HEIGHTS ANNEX FOR CITY LIBRARY PURPOSES.
THE CITY OF COLUMBIA HEIGHTS DOES ORDAIN:
Section 1.
Authorization of purchase of real estate. That the
City of Columbia Heights shall purchase from North
Air Home Association Incorporated, that certain tract
of land lying and being in the County of Anoka, State
of Minnesota, described as follows to wit:
Lots 3,4, abd 5, Block 64, Columbia Heights Annex.
Section 2.
together with all hereditaments and appurtenances
thereunto belonging or in anywise appurtaining.
Terms and conditions of purchase. That the purchase
of said property shall be for twenty-one thousand
dollars ($21,000) and the city to.pay taxes payable
in 1965 and upon the following terms:
Section 3.
The City shall assume the balance of the mortgate
of approximately $9,000 (as of the date of closing)
with the balance of the $21,000 less the mortgate to
be paid to "North Air Home Association Incorporated"
upon receipt of satisfactory title to said property.
Mayor and City Manager to execute documents.
The Mayor and City Manager be, and the same are hereby
authorized to execute the necessary documents and
agreements 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: January 25, 1965
Second reading: February 8, 1965
Offered by: Nawrocki
Seconded by: King
Roll Call - Ail Ayes.
MAYOR