HomeMy WebLinkAbout07-05-29 • RESOLUTION 07 -05 -29
A RESOLUTION AUTHORIZING THE RECEIPT OF PROPERTY BY THE
CITY OF OAK PARK HEIGHTS FROM THE CITY OF OAK PARK HEIGHTS
ECONOMIC DEVELOPMENT AUTHORITY
Whereas, the City of Oak Park Heights Economic Development Authority (EDA), has
received a communication from the Washington County Assessor's Office that the
property located at 5416 Stagecoach Trail as owned by the EDA will lose its tax exempt
status for assessment year 2007, payable in 2008, and;
Whereas, the EDA nor the City desire to pay property taxes on such property, and;
Whereas, the EDA may transfer the property back to the City prior to July I 2007 in
order to avoid the payment of such property taxes.
THEREFORE, BE IT NOW RESOLVED THAT, the City Council for the City of Oak
Park Heights does hereby authorize the acceptance of the property located at 5416
Stagecoach Trail, subject to the final release and approval of the City EDA.
BE IT FURTHER RESOLVED THAT, the City shall accept the property for purposes of
• `open space' and does hereby direct the City Attorney to prepare the necessary
documents to transfer the property from the EDA to the City.
Passed by the City Council for the City of Oak Park Heights this 22 "a aay of May
2007.
d eauU , Mayor
4At./
Er J hnson, City Administrator