ORDINANCE NO.355, 2nd Series

ORDINANCE NO.355, 2nd Series
AN ORDINANCE OF THE CITY OF ELY, MINNESOTA,
ADDING CHAPTER 20, SECTION 20.2.58 SALES OF LAND CITY CODE OF THE CITY OF ELY

THE COUNCIL OF THE CITY OF ELY DOES HEREBY ORDAIN:
SECTION 1. Chapter 20, Section 2, of the City Code of the City of Ely, Minnesota is amended to read as follows:
SEC. 20.2.58. AUTHORIZING SALE OF REAL PROPERTY TO ZUPANCICH BROS. INC.. The Council of the City of Ely is hereby authorized to transfer, for the price of Sixty Six Thousand Three Hundred Five Dollars and 53/100 Cents ($66,305.53) and the Mayor and Clerk-Treasurer are hereby authorized to execute all documents and perform all acts necessary for the transfer to Zupancich Bros. Inc., subject to execution of standard form purchase agreement, subject to Buyer paying all costs associated with the City’s acquiring and transfering property, and subject to easements of record on the real property legally described as follows:
LOT 3, BLOCK 1, ECHO PROPERTY

SECTION 2. Effective Date: Pursuant to Section 3.08 of the Charter of the City of Ely, Minnesota, the adoption of this Ordinance is effective immediately after final adoption and publication.

First Reading: March 1, 2022

Publication Date: March 5, 2022
Newspaper: Ely Echo