00-0508R

RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN PROPERTY ABUTTING SKYLINE PARKWAY FOR $26,400

BY PRESIDENT GILBERT:

RESOLVED, that the proper city officials are hereby authorized to acquire the property in St. Louis County, Minnesota, legally described below from the city of Superior for a consideration of $26,400, payable from Economic Development Fund 255:

Lots 1 through 32, Block 5, Lots 11 through 22, Block 7, Lots 1 through 32, Block 8, Mineral Addition to West Duluth.

STATEMENT OF PURPOSE: The purpose of this resolution is to authorize acquisition of certain property abutting Skyline Parkway from the city of Superior for a consideration of $26,400 payable from Economic Development Fund 255. Two private parties bid on the property with the low bid of $26,400. The city of Superior gave the city of Duluth the first right of refusal. The property was purchased by Superior for a gravel pit, but has not been utilized for several decades. Acquisition of this parcel is important to maintain the parkway green belt along Skyline Boulevard, one of Duluth's most treasured assets.