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RESOLUTION 83-3086 CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 83-3086 RESOLUTION APPROVING ACQUISITION OF 15 - 8th Avenue North WHEREAS, the Hopkins City Council has established a Redevelopment Plan in accorance with Minnesota Statutes entitled "Hopkins Redevelopment Program, Central Business District". WHEREAS, the Authority has adopted a resolution identifying established policies and procedures for real estate acqu~sition, WHEREAS, the City Council has adopted a resolution to acquire land and buildings in this area which are substandard blighting influences, improper land use, and non-conforming in accordance with the Hopkins Zoning Ordinance, in order to facilitate the assembling of land into parcels of adequate size and shape to meet future development needs and standards, NOW THEREFORE BE IT RESOLVED by the Hopkins City Council that the property listed below be acquired and that the amount listed next to the address be established as the "fair market value" of each separate parcel and that the City Manager be authorized to prepare and submit offers to and secure purachase agreements from the various property owners in the amounts listed below. 15 - 8th Avenue North $106,000 Adopted by the Council of the City of Hopkins, Minnesota this 5th day of July 1983. J. SCOTT RENNE City Clerk ROBERT F. MILLER Mayor JOSEPH C. VESELY, City Attorney