HF 2082

as introduced - 87th Legislature (2011 - 2012) Posted on 02/16/2012 01:08pm

A bill for an act
relating to local government; authorizing the city of Sandstone and its economic
development authority to sell a housing development.

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

Section 1. new text begin SANDSTONE; SALE OF WILD RIVER APARTMENTS
DEVELOPMENT.
new text end

new text begin Notwithstanding Minnesota Statutes, section 469.034, subdivision 2, paragraph (e),
or any other law to the contrary, the city of Sandstone and the economic development
authority of the city of Sandstone may sell and convey to a nongovernmental party at fair
market value all property described below:
new text end

new text begin Lots 4 to 8, Block 21 Townsite of Sandstone;
new text end

new text begin Lots 9 to 16, Block 20 Townsite of Sandstone, together with that part of vacated
Palisade Avenue abutting said lots;
new text end

new text begin Lots 9 to 22, Dennies Subdivision of Block 11, Sandstone Quarries, together with
the part of an alley accrued thereto by reason of vacation thereof; and
new text end

new text begin all buildings constructed thereon and known as the Wild River Apartments
development, located at 300 Commercial Avenue North and 500 Eisenhower Street,
in the city of Sandstone.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day after the governing body of
the city of Sandstone and the Sandstone Economic Development Authority and their chief
clerical officer timely comply with Minnesota Statutes, section 645.021, subdivisions
2 and 3.
new text end