HomeMy WebLinkAbout2019-056 (designation of certain City property lease proceeds previously committed to Lowell Park Improvements now to be committed to Aiple property, Bridgeview Park & Lowell Park improvements RESOLUTION 2019-056
APPROVING DESIGNATION OF CERTAIN CITY OF STILLWATER PROPERTY LEASE
PROCEEDS PREVIOUSLY COMMITTED TO LOWELL PARK IMPROVEMENTS
NOW TO BE COMMITTED TO AIPLE PROPERTY, BRIDGEVIEW PARK
AND LOWELL PARK IMPROVEMENTS
WHEREAS, the Stillwater City Council had previously committed proceeds resulting
from various lease payments for the use of City property along the St. Croix River to be
utilized for improvements in Lowell Park (Grant Fund #290); and
WHEREAS,the City has acquired additional property along the St. Croix River known
as the Aiple property located north of downtown; and
WHEREAS, the City Council has approved concept park plans for the Aiple property
and for Bridgeview Park located south of downtown; and
WHEREAS, the City Council plans to complete and implement business plans for
public park development and improvements on both of these properties requiring financial
resources to complete the improvements; and
WHEREAS, updating the commitment for use of the lease proceeds to include both
the Aiple property and Bridgeview Park property is consistent with the original commitment
to use fund proceeds to improve St. Croix River park property within the City of Stillwater.
NOW THEREFORE BE IT RESOLVED, that the City Council of the City of Stillwater
hereby approves committing the proceeds of lease revenue for park improvements in the
Aiple property, Bridgeview Park and Lowell Park.
Enacted by the City Council of the City of Stillwater, Minnesota this 7th day of May, 2019.
CITY OF SATER
U•••1/
Ted Kozlowski, Mayor
ATTE T:
" Z4Z7:1
Beth Wolf, City C