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HomeMy WebLinkAboutHRA Item 03 Date: Item No. PROPERTY CONVEYANCE FROM THE HRA TO THE CITY OF LAKEVILLE Proposed Action Staff recommends adoption of the following motion: Move to approve a resolution and quit claim deed conveying property owned by the Housing and Redevelopment Authority to the City of Lakeville. Overview The City is in the process of selling the Kenrick Liquor Store property. In completing the title work in preparation for the sale it was found the property was originally acquired by the city’s Housing and Redevelopment Authority. Therefore, for the City to move forward with the sale of the land, the ownership of the property must be transferred from the HRA to the City of Lakeville to clear the HRA’s interest in property. Staff recommends approval of the transfer of property from the HRA to the City of Lakeville. Primary Issues to Consider What happens if the sale of the land does not occur. • The ownership of the land will be retained by the City of Lakeville with all rights and responsibilities. Supporting Information • Right-of-Way Map #146 (with property high-lighting to be transferred) • Resolution Conveying Property • Quit Claim Deed Financial Impact: $ Budgeted: Y☐ N☐ Source: Related Documents: (CIP, ERP, etc.): Envision Lakeville Community Values: Good Value for Public Services Report Completed by: Allyn G. Kuennen, Assistant City Administrator November 20, 2017 None n/a 191371v1 1 RESOLUTION NO. 17-04 HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF LAKEVILLE, MINNESOTA RESOLUTION APPROVING THE CONVEYANCE OF PROPERTY OWNED BY THE HOUSING AND REDEVELOPMENT AUTHORITY TO THE CITY OF LAKEVILLE WHEREAS, the Housing and Redevelopment Authority in and for the City of Lakeville (“HRA”), acquired an interest in the property legally described on the attached Exhibit “A” (“Subject Property”) in connection with its co-petition with Dakota County for acquisition of right of way for County Project 46-05; and WHEREAS, Dakota County previously conveyed to the City of Lakeville (“City”) a quit claim deed for the Subject Property; and WHEREAS, the City is considering conveying the Subject Property to another entity which will then lease back to the City the liquor store located at 16179 Kenrick Avenue; and WHEREAS, to facilitate the conveyance by the City, the HRA proposes to convey the Subject Property to the City for the purpose identified above; NOW, THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Lakeville, Minnesota as follows: 1. The Subject Property shall be conveyed to the City of Lakeville by Quit Claim Deed; 2. The HRA Chair and Executive Director are authorized to execute all necessary documents to facilitate and complete the conveyance of the HRA Property. ADOPTED this 20th day of November 2017 HOUSING AND REDEVELOPMENT AUTHORITY BY:_________________________________ Bart Davis, Chair ATTEST ____________________________________ Justin Miller, Executive Director 191371v1 2 EXHIBIT “A” Parcels 8E, 9B, and 10A all as indicated on Dakota County Road Right-of-Way Map No. 146 on file and of record in the office of the County Recorder in and for Dakota County, Minnesota. 194882v1 (Reserved for Recording Data) QUIT CLAIM DEED STATE DEED TAX DUE HEREON: $1.65 Dated: _________________, 2017 FOR VALUABLE CONSIDERATION, THE HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF LAKEVILLE, a body corporate and politic under the laws of the State of Minnesota, Grantor, hereby conveys and quitclaims to the CITY OF LAKEVILLE, a Minnesota municipal corporation, Grantee, real property in Dakota County, Minnesota, described as follows: Parcels 8E, 9B, and 10A all as indicated on Dakota County Road Right-of-Way Map No. 146 on file and of record in the office of the County Recorder in and for Dakota County, Minnesota. together with all hereditaments and appurtenances belonging thereto. The consideration for this transfer was less than $500.00. Check box if applicable: The Grantor certifies that the Grantor does not know of any wells on the described real property. A well disclosure certificate accompanies this document. 194882v1 I am familiar with the property described in this instrument and I certify that the status and number of wells on the described real property has not changed since the last previously filed well disclosure certificate. HOUSING AND REDEVELOPMENT AUTHORITY IN AND FOR THE CITY OF LAKEVILLE By: Bart Davis, Chairperson By: Justin Miller, Executive Director STATE OF MINNESOTA ) )ss. COUNTY OF DAKOTA ) The foregoing instrument was acknowledged before me this ________ day of ______________, 2017 by Bart Davis and Justin Miller, respectively the Chairperson and Executive Director for the Housing and Redevelopment Authority in and for the City of Lakeville, a public body corporate and politic under the laws of the State of Minnesota, on its behalf. Notary Public Tax Statements for the real property described in this instrument should be sent to (Include name and address of Grantee): City of Lakeville 20195 Holyoke Avenue Lakeville, Minnesota 55044 THIS INSTRUMENT WAS DRAFTED BY: Campbell Knutson Professional Association Grand Oak Office Center I 860 Blue Gentian Road, Suite 290 Eagan, MN 55121 651-452-5000 AMP/cjh