Laserfiche WebLink
<br /> ..... <br /> owned by First Federal Savings and Loan <br /> Association which is under Resolution <br /> Trust Corporation. Resolution Trust is <br /> looking to sell the property now and is <br /> requesting the City to release the <br /> easements. <br /> Sackett: Are the easements something we want to <br /> keep? Are they worth more than $20,000? <br /> Brand: All I can tell you is that Tom Phare had <br /> no problems with us going ahead and <br /> selling it and collecting the $20,000, <br /> because we have no use for it. <br /> Sackett: Is the land currently part of the <br /> petition for annexation? <br /> Brand: No. <br /> Hornbostel: Will this be affected by the IGA between <br /> the County and the two cities? <br /> Brand: I'm sure that it isn't, Tom would have <br /> mentioned if it had been. There were no <br /> complications. <br /> Hornbostel: Did we own it before they had the IGA? <br /> If we did it would be a use by right. <br /> Brand: We owned it and the $20,000.00 that has <br /> been held in trust... <br /> Asti-caranci: Actually that account has nearly doubled, <br /> there is about $38,000.00 in that <br /> account. As soon as we release these <br /> easements they will give us the rest of <br /> our money. <br /> Davidson: I assume Tom Phare will be back on August <br /> 8? When you send it out at that point <br /> will you include a map so we can get <br /> somewhat of an idea of where it is. <br /> Mayor Fauson moved to place Ordinance No. 1050, Series 1991 out for <br /> publication and set public hearing for August 8 (correction - <br /> should be August 6; need to correct next Council Session), seconded <br /> by Davidson. All in favor. <br /> 9 <br /> -- <br />