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HomeMy WebLinkAbout2021-50RESOLUTTON NO.202t-50 A RESOLUTION OF THE CIW COUNCIL FOR THE CITY OF COLUMBIA HEIGHTS, MINNESOTA, APPROVING MEMORANDUM OF UNDERSTANDING WITH SOUTHERN ANOKA COUNW ASSISTANCE FOR THE SALE OF A PORTION OF THE PUBLIC SAFEW OUTLOT LOCATED AT 825 41ST AVENUE NE WHEREAS, Southern Anoka County Assistance ("SACA") desires to acquire certain property (the "Property") owned by the City of Columbia Heights (the "City''), which Property has been the subject of preliminary negotiations for purposes of constructing a multi-use development on the Property (the "Development"); and WHEREAS, the City and SACA have determined to execute a memorandum of understanding (the "Agreement"), that outlines the basic terms of the land sale to SACA and provides time for due diligence to be completed by both parties; and WHEREAS, the City Council has reviewed the Agreement, and has determined that it is in the best interests of the City to approve and execute the Agreement; and NOW, THEREFORE BE lT RESOwED, the City approves the Agreement, and authorizes and directs the Mayor and City Manager to execute same in substantially the form on file, subject to modifications that do not alter the substance of the transaction and are approved by the Mayor and City Manager, provided that execution of the Agreement by such officials will be conclusive evidence of their approval. NOW, BE lT FURTHER RESOLVED, that City officials, staff, and consultants are authorized to take any other actions necessary to carry out the City's obligations under the Agreement, and to bring a proposed definitive purchase and development contract before the City. Passed this 24th day of May,2O2L Offered by: Seconded by: Roll Call: Novitsky Jacobs AllAyes aMd rquez Sim Attest /'-0 t'y