RESOLUTION NUMBER 36-17
AUTHORIZING ACQUISITION OF REAL PROPERTY
WHEREAS, the property described in Exhibit A had been dedicated as a City Park and the Park designation has been vacated; and,
WHEREAS, the City has requested RGGS Land & Minerals LTD. to release all interested in the property described in Exhibit A; and,
WHEREAS, RGGS Land & Minerals LTD. has agreed to release its interest in the property described in Exhibit A.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF MOUNTAIN IRON, MINNESOTA, that:
- Acquisition of the Exhibit A property is hereby approved.
- In exchange for the acquisition of the property in Exhibit A the City of Mountain Iron authorizes a payment in the amount of $4000.00 to RGGS Land & Minerals LTD.
- The Mayor and City Administrator are to execute all documents necessary to effect the transaction.
DULY ADOPTED BY THE CITY COUNCIL THIS 18th DAY OF DECEMBER, 2017.
Mayor Gary Skalko