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16-029CITY OF SHOREWOOD RESOLUTION NO. 16 -029 A RESOLUTION RELATING TO THE SALE OF TAX FORFEITED PARCEL LOT 1, AUDITOR'S SUBDIVISION 367 WHEREAS, that certain parcel of property located within the City of Shorewood, PID Number 31- 117 -23 -11 -0004, and legally described as Lot 1, Auditor's Subdivision No. 367, Hennepin County, Minn., has forfeited to the State of Minnesota due to the non - payment of real property taxes ( "Property "); and WHEREAS, to avoid the creation of a nuisance condition, the City of Shorewood has requested Hennepin County Resident and Real Estate Services to remove the Property from the public auction scheduled for April 29, 2016; and WHEREAS, Hennepin County has computed the full payment for the purchase of the Property prior to auction at $51,746 (the "Purchase Price ") payable to the Hennepin County Treasurer; and WHEREAS, the City of Shorewood desires to sell the Property at the Purchase Price. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD: The City of Shorewood approves the sale to the easement holders of the parcel with Hennepin County PID Number 31- 117 -23 -11 -0004, and legally described as Lot 1, Auditor's Subdivision No. 367, Hennepin County, Minn., in the amount of $51,746. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 25th day of April, 2016. Scott rby, yor ATTEST: J an Panchyshyn, ty C erk 4828 - 2715- 3712.1