2005-97A
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CITY OF CHANHASSEN
CARVER AND HENNEPIN COUNTIES, MINNESOTA
DATE:
December 12" 2005
RESOLUTION NO:
2005-97 A
MOTION BY:
Lundquist
SECONDED BY:
Tiornhom
RESOLUTION ACCEPTING DONATION
WHEREAS, the City and William D. Coffman, Jr. and Carol C. Coffman, husband and
wife, have entered into a Vacant Land Purchase Agreement dated January 10, 2006, for real
property located in the City of Chanhassen, County of Carver, State of Minnesota, legally
described as:
Outlot A, Shadow Ridge 3rd Addition, Carver County, Minnesota,
according to the recorded plat thereof.
(the "Subject Property); and
WHEREAS, the City has agreed to purchase the Subject Property, including personal
property, for $510,750.00; and
WHEREAS, William D. Coffman, Jr. and Carol C. Coffman have offered to donate to
the City of Chanhassen a portion of the purchase price for the Subject Property; and
WHEREAS, Minnesota Statutes Section 465.03 requires that donations of real or personal
property be accepted by a resolution of the City Council adopted by a two-thirds majority of its
members.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Chanhassen, Minnesota:
1. The City Council hereby accepts the donation by William D. Coffman, Jr. and
Carol C. Coffman of a portion of the purchase price for the Subject Property in the
amount of $410,750.00.
2. The Mayor and City Manager are authorized to execute any documents which, in
the opinion of the City Attorney, are necessary to effectuate this transaction. The
City Manager is specifically designated as the person who can sign IRS Form 8283.
Passed and duly adopted by the City Council of the City of Chanhassen this 12th day of
December, 2005.
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CITY OF CHANHASSEN
By:!L A ~
Thomas A. Furlong, Mayor
Todd erhardt, City Manager/Clerk
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