Title
Authorizing conveyance of a City owned parking lot at 410 Griggs Street North to Concordia University.
Body
WHEREAS, the City of Saint Paul ("City") owns real property located at 410 Griggs Street North and legally described in Exhibit A attached hereto (“Sale Property”); and
WHEREAS, the Sale Property is part of a larger parcel of land owned by the City (Parcel ID No. 34-29-23-41-0058) and containing approximately 5.328 acres (the “Parent Parcel”). The City has approved a lot split of the Parent Parcel so the Sale Property will be a separate tax parcel; and
WHEREAS, the three-party Real Property Acquisition Agreement (“Acquisition Agreement”), attached hereto as Exhibit B, is by and among the City, the Housing and Redevelopment Authority of the City of Saint Paul, Minnesota (“HRA”), and Concordia University, St. Paul (“Concordia”); and
WHEREAS, the Sale Property contains a parking lot with 262 parking spaces, and includes easements requiring the provision of parking for use by the properties at both 393 and 409 Dunlap St N; and
WHEREAS, the City is only permitted to use one parking space in the existing parking lot and that use no longer serves a public purpose; and
WHEREAS, the City's Parks and Recreation Department has determined that the Sale Property may be disposed of for the requested purpose, and the Parks and Recreation Commission has recommended approval of the disposal, as stated in its Resolution Numbered 21-24, adopted January 13, 2021 and attached hereto as Exhibit C; and
WHEREAS, the Sale Property has been determined through real estate records not to be parkland but rather general City property; and
WHEREAS, the City wishes to convey the Sale Property to the HRA for subsequent conveyance to Concordia, as provided in the Acquisition Agreement in accordance with Sec. 51.01(11) of the administrative code; now, therefore be it
RESOLVED, that the proper city officials are hereby authorized and directed to dispose of the Sale Property, by limited warranty deed, to the HRA for subsequent conveyance to Concordia; to execute said Acquisition Agreement in a form and content substantially as set forth in Exhibit B; and to accept from Concordia just compensation in the form of cash, which will be invested in the adjacent Midway Peace Park.