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HomeMy WebLinkAboutResolution 05-1997 RESOLUTION NO. 5-97 BE IT RESOLVED That for a period of three years the City-owned industrialland available for sale for industrial purposes shall be priced as follows: SE 1/4 Section 30-T110N-R49W(Telkamp Industrial Park) $10,000 per acre Wiese Addition Block 2, 4, 5, and 6 $ 10,000 per acre to ADC for AGRI-PLEX use only Block 7 $ 10,000 per acre Block 8 $ 10,000 per acre Price of land includes paved streets and utility mains and interceptor lines. FURTHER BE IT RESOLVED That said land shall be for sale for its zoned purposes for immediate development only. Each sale shall include a guarantee of construction that said land may be repurchased by the City for the sale amount less all costs of transfer if the planned development does not occur in the time specified in the resolution of sale. Passed and approved this 21 st day of January, 1997. aoo►c�N� Mayor ���1��4.5 c'_?M;R•3 :x � r Z 1a8 : ! m�� : o �NG �p,5 J Finance Officer �