01-15-1980 Council Minutes - Laserfiche WebLink

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. �� ,� Cit of ono �C n (� (� �� 2-D � � I�ocument Form L� � L �'�-' �_ U U l'— � November 1979 • �riN s ��o " PURCHASE AGREEMENT FOR TAX FORFEIT PROPERTY CITY OF ORONO This Agreement is made and entered into by and between Donna Kabanuk 6931 Dallas Rd. , Brooklyn Center (hereinafter "Buyer") and the City (Buyer ' s name and mailing address) of Orono, a municipal corporation under the laws of the State of Minnesota (hereinafter "City" ) . Whereas , Buyer seeks to purchase property located at 2140 Kenwood Way in the City of Orono, legally described as (Insert street address if applicable) follows : PIrd 17-117-23-41-0001 Lot l , Block l, Rearrangement of Lots 42 , 43, 57 , 58 , 59 , 69, 70 & 71, Wallace ' s Addition to the Village of Minnetonka Beach. Hennepin County, State of Minnesota (hereinafter "the Property" ) , for the purpose of: Legal Combination of this Property and lot 2 into one single family residential building site. ; and Whereas, the City wishes to see the Property returned to the tax roles and actively used for a purpose consistent with the intent of the Zoning Code; Therefore, the Buyer and the City agree as follows: The Buyer agrees to deposit with the City cash or a certified check in the Sum of Tt�rQ Thc�i�San�3 SPVPn Hi�n�rPr� TwPnt�-f i vP T�nl 1 arG {dollars) ($2 , 725. 00 ) at the time this Agreement is signed by Buyer� the receipt of which is hereby acknowledged by the City. The City agrees to sign and proceed with this Agreement, or to return to Buyer iaithout interest the deposit money previously paid by Buyer to the City, no later than sixty (60) days after the date Buyer signs this Agreement. In the event that the City decides to proceed with this Agreement, a signed copy of the Agreement will be sent to Buyer at the address given above, and the City will thereafter seek a deed to the Property from the State of Minnesota.