Laserfiche WebLink
1 <br /> <br />CITY OF PEQUOT LAKES <br />RESOLUTION 24-16 <br /> <br />A RESOLUTION BY THE MAYOR AND CITY COUNCIL OF THE CITY OF PEQUOT <br />LAKES, MINNESOTA APPROVING THE SALE OF CITY-OWNED REAL PROPERTY <br />IN PEQUOT LAKES, MINNESOTA <br /> <br /> <br />WHEREAS, the City of Pequot Lakes (the “City” or “Seller”) desires to sell certain real <br />property described as follows: <br /> <br />• Lot 1, Block 1, Heart of the Good Life Second Addition, City of Pequot Lakes, Crow <br />Wing County, Minnesota <br /> <br />(the “Property”), to Northern Hospitality Development Group PL LLC (the “Buyer”); and <br /> <br />WHEREAS, the purchase price for the sale is Two Hundred Thousand and No/100ths Dollars <br />($200,000.00); and <br /> <br />WHEREAS, a draft purchase agreement and limited warranty deed have been prepared and are <br />attached hereto as Exhibit A; and <br /> <br />WHEREAS, in accordance with the attached draft purchase agreement, the City and Buyer <br />expressly understand and agree that the sale of the Property is contingent upon approval by the <br />City Council of the City of Pequot Lakes; and <br /> <br />WHEREAS, if any transaction approval as provided in the purchase agreement is not obtained <br />by the closing date stated in the purchase agreement, the purchase agreement shall then be null <br />and void, without further obligation by either party; and <br /> <br />WHEREAS, Minnesota Statutes, Section 462.356, subdivision 2 states that no publicly owned <br />interest in real property within a city shall be acquired or disposed of until after the planning <br />commission has reviewed the proposed acquisition or disposal and reported in writing to the city <br />council its findings as to compliance of the proposed acquisition or disposal with the <br />comprehensive plan; and <br /> <br />WHEREAS, the same statute further states, however, that the city council may, by resolution <br />adopted by two-thirds vote, dispense with the requirements of this subdivision when in its <br />judgment it finds that the acquisition or disposal of real property has no relationship to the <br />comprehensive plan. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL <br />THAT the City Council hereby finds that the proposed sale of the Property by the City of Pequot <br />Lakes has no relationship to the City’s Comprehensive Plan, and therefore review of the <br />proposed sale by the Pequot Lakes Planning Commission is not required under Minn. Stat. § <br />462.356, Subd. 2, and is hereby dispensed with as allowed by that statute.