Loading...
HomeMy WebLinkAbout25-077 Accepting Donation of Real PropertyCITY OF LAKEVILLE DAKOTA COUNTY, MINNESOTA RESOLUTION NO. 25- 011, RESOLUTION ACCEPTING DONATION OF REAL PROPERTY WHEREAS, CNC Development III, LLC ("Owner") is the fee owner of certain real property located within the City of Lakeville ("City"), legally described as Outlot C, Bennett Bluffs, Dakota County, Minnesota, according to the recorded plat thereof ("Propert)"); and WHEREAS, Owner desires to donate the Property to the City; and WHEREAS, the City is generally empowered to accept donations of real and personal property pursuant to Minnesota Statutes, Section 465.03 et. seq. for the benefit of its citizens; and WHEREAS, the City desires to accept the donation of the Property for the benefit of the citizens of the City for the purposes of managing natural resources; and WHEREAS, Minnesota Statutes, Section 465.03 requires that all gifts and donations of real property or personal property be accepted by a resolution of the City Council adopted by a two- thirds majority of its members. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota: 1. The City Council hereby accepts the donation of the Property by Owner(s), provided that the Owner executes a Warranty Deed transferring its ownership interest in the Property to the City, has paid the first half real estate taxes together with any penalties due in 2025 and executes all documents necessary for recording the Warranty Deed. The City will be responsible for second half taxes for the Property, provided the Warranty Deed is recorded prior to July 1, 2025. 2. The City will record the Warranty deed provided by Owner(s) at the sole expense of the City. The Mayor and City Clerk are authorized to execute any documents and to take all appropriate measures necessary to effectuate the transfer of ownership of the Property. The City Clerk is specifically designated as the person who can sign IRS From 8283. 235772v1 ADOPTED and by the Lakeville City Council this 4 day of _P�, 2025. CITY OF LAKEVV%ILLL By: Luke M. Hell ier, Mayor ATTEST: Taylor xider, Deputy City Clerk 235772v1