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City Council Resolution 2008-03RESOLUTION NO. 2008-3 RESOLUTION ACCEPTING QUITCLAIM DEED AND OFFER TO SELL AND MEMORANDUM OF CONDITIONS WHEREAS, the City of Monticello and Minnesota Department of Transportation (MnDOT) entered into an agreement to participate in the construction of an interchange at jtc. 194 and CSAH 18 and; WHEREAS, said construction required MnDot to acquire from the City of Monticello property for ramp and storm water management locations and; WHEREAS, the land was appraised and the sale price agreed upon was $836,977.00; NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF MONTICELLO approves the Offer to sell and Memorandum of Conditions of $836,977.00 BE IT FURTHER RESOLVED by the Council of the City of Monticello that the quitclaim deed tranferring said property to MnDOT be properly executed: The above resolution was introduced by Councilmember Stumpf , was duly seconded by Councilmember PgXr UL t , with the following voting in favor thereof: Herbst, Mayer, Perrault, Wojchouski and Stumpf. The following voting in the opposition: None The City Administrator is hereby instructed to transmit a certified copy of this resolution to the County Auditor of Wright County, Minnesota. Adopted this 14th day of January, 2008. Mayor ATTEST: s City Adminis 2007 BUDGET.ALS:LevyResolubon (2)