Consider Purchase of a Portion of Outlot B, Elmcrest Sanctuary, Anoka County, Minnesota (this portion of the meeting may be closed to the public per MS 13D.05 Subd. 3 (c) (3)

At a closed session of the Council Work Session on March 22, 2022, the City Council considered an offer to purchase real property from Blackjack Farms, LLC consisting of a portion of Outlot A & B of the Elmcrest Sanctuary, Anoka County, Minnesota.  The Council provided additional direction to the negotiating team of City Attorney Knaak, Council Member Heineman, Deputy City Administrator/CDD Brian Hagen, and City Administrator Kurt Ulrich.  The team met with the property owner (and his attorney).  The negotiations have reached a result where full City Council consideration is desired.  This discussion is recommended to be closed to the public per MS 13D.05 Subd. 3.(c)(3) in order to develop or consider offers or counteroffers for the purchase or sale of real or personal property.

If the meeting does go into closed session the following parcels must be identified for the record by Legal Description and Property Tax ID Number:

Outlot B, Elmcrest Sanctuary - Property Tax ID # 11-32-25-34-0012
Outlot A, Elmcrest Sanctuary - Property Tax ID # 11-32-25-34-0011

The attached Offer to Sell Property with Acceptance by Blackjack Farms, LLC has an asking price of $129,373.20 ($1.80/SF) for 1.65 acres (71,874 SF) of a portion of Outlot A, Elmcrest Sanctuary. Staff research has found that the legal description should be described as a portion of Outlot B, Elmcrest Sanctuary as noted in this case. Based on the original offer, the City Engineering department prepared a Proposed Property Boundary Owner Offer Exhibit that generally depicts the land being offered for sale by Blackjack Farms, LLC (See attached).

Based upon discussion.