04-0266R

RESOLUTION ACCEPTING TRANSFER OF LIMITED FEE TITLE TO PROPERTY ON THE ST. LOUIS RIVER FROM ST. LOUIS COUNTY.

BY PRESIDENT STAUBER:

RESOLVED, that the proper city officers are hereby authorized to accept the transfer of a limited fee title to the below-described property from St. Louis County for inclusion in the Duluth natural areas program for a property transfer administration fee of $500 payable from Fund 0100, Agency 015, Organization 2500, Object 5441 and to execute all documents necessary with regard thereto: Government Lot 3, Section 10, Township 48 North, Range 15, West (010-2730-01200).


STATEMENT OF PURPOSE:  This resolution accepts the transfer of a 3.9 acre parcel of fee ownership property from St. Louis County. This parcel is undeveloped property on the St. Louis River and is almost totally surrounded by water. It will be made a part of the North Bay Natural Area. A $500 property transfer administration fee will be payable to St. Louis County at the time of closing to cover the county's administrative costs associated with this land transfer.