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HomeMy WebLinkAboutOrdinance 622ORDINANCE NO. 622 BEING AN ORDINANCE AUTHORIZING THE SALE BY THE CITY OF COLUMBIA HEIGHTS, OF CERTAIN REAL ESTATE KNOWN AS LOTS 5 and 6, BLOCK 2, APACHE HEIGHTS, AND LOT 6 AND THE EASTERLY 42.5 FEET OF LOT 5, BLOCK 10, WALTON'S SUNNY ACRES 4TH ADDITION. 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 unto Dr. Paul Williams, that certain tract of land lying and being in the County of Anoka, State of Minnesota, described as follows, to-wit: Lots 5 and 6, Block 2, Apache Heights and Lot 6 and the Easterly 42.5 feet of Lot 5, Block 10, Walton's Sunny Acres, 4th Addition. together with all the hereditaments and appurtenances thereunto belonging or in any wise appertaining. Section 2. Terms and Conditions. That the terms of sale of said property to the said Dr. Paul Williams, shall be as follows - 816,400.00 and a bond conditioned upon the construction of the building as proposed in the plan, in the amount of 860,000.00, to be completed within twenty-four months. Section 3. The Mayor and City Manager to execute the documents. The Mayor and City Manager be and the same are hereby authorized to execute and deliver to the said purchase:c, the necessary deed for carrying out the terms of this Ordinance. Section 4. Time of Takinq effect. This ordinance shall take effect and be in force within thirty (30) days after its passage. First reading - April 11, 1966 Second Reading - April 25, 1966 Offered by: Land Seconded by: Jeska Roll Call - Ail Ayes.