HF 3446

1st Engrossment - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to the city of Pennock; authorizing the city to acquire a certain parcel
of real estate and appurtenant building and to expend city funds to improve
the building; authorizing the city to convey the parcel to a private entity to be
operated as a commercial establishment.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin CITY OF PENNOCK; ACQUIRE REAL ESTATE, EXPEND CITY
FUNDS, AND CONVEY TO PRIVATE ENTITY.
new text end

new text begin The city of Pennock may purchase a certain parcel of real estate in the city consisting
of four city lots and an appurtenant building formerly operated as a convenience store
known as Phil's Corner on the terms and conditions that may be agreed upon between
the city and the current owner of the parcel, and the city may expend city funds to make
necessary improvements to the building. Once acquired and improved and in order
to ensure the continued economic vitality of the city, the city may convey the parcel
and building by sale or lease to a private person, firm, partnership, corporation or other
entity for a nominal consideration or on whatever terms and conditions the city and the
private entity may agree upon in order for the building to be operated as a commercial
establishment.
new text end

Sec. 2. new text begin NO LOCAL APPROVAL; EFFECTIVE DATE; EXPIRATION.
new text end

new text begin Under Minnesota Statutes 2004, section 645.023, subdivision 1a, section 1 is
effective without local approval on the day following final enactment and expires
December 31, 2016.
new text end