DISCLAIMER

06-030-O

ORDINANCE NO. __________

 

AN ORDINANCE AUTHORIZING SALE OF THE LAKESIDE TOOL HOUSE TO RTW HOLDINGS, LLC FOR $81,000.

BY COUNCILOR STOVER:

The city of Duluth does ordain:

     Section 1. That the proper city officials are hereby authorized to sell the following described property in St. Louis County, Minnesota, to RTW Holdings, LLC, its successors or assigns, for the sum of $81,000, payable to the General Fund 100, Agency 700, Organization 1407, Object 4640:

           Lots 1, 2 and 3, Block 93, LONDON ADDITION TO DULUTH, according to the recorded plat thereof.

     Section 2. That this ordinance shall take effect 30 days after its passage and publication.


STATEMENT OF PURPOSE:  The purpose of this ordinance is to authorize the sale of the old public works tool house at the southeast corner of 51st Avenue East and Dodge Street to RTW Holdings, LLC, for $81,000.


The building is a two story, approximately 6,000 square foot building located on three lots totally 21,000 square feet of property in the Lakeside neighborhood which was used as a garage facility and as storage for equipment and materials for street maintenance. With the consolidation of the city’s public works functions, the site is no longer needed by the city and can be sold.


The city put out requests for proposals and the best response was that of Community Connections of Minnesota. A sales agreement was completed. That agreement was assigned to RTW Holdings, LLC.


The tax base impact shall be as shown with Ordinance 9720, which passed.