City Council Meeting Date: September 15, 2020
To: Mayor and City Council
From: Ben Martig, City Administrator
Title
Consider Calling for a Public Hearing to Consider Sale of Property in Faribault for Northfield Hospital + Clinics.
Body
Action Requested:
The Northfield City Council considers approving motion calling for a public hearing for the sale of property in Faribault for Northfield Hospital + Clinics.
Summary Report:
Northfield Hospital + Clinics purchased the 1645 Lyndale Ave. N., Suite 103 property in Faribault in 2016. The practices outgrew the clinic space and the clinic moved to a new Faribault location in 2019. The property was listed for sale and a purchase offer was recently received. NH+C Administration recommended moving forward with this offer to the Hospital Board. The Hospital Board accepted the recommendation and is requesting the Northfield City Council to consider the sale of the former clinic.
Per Northfield City Charter Section 15.5 a public hearing is required prior to the sale of real property.
City Charter Section 15.5. - Sales of Real Property.
The council may by resolution approved of by at least five (5) members sell or otherwise dispose of any real property of the city. A sale or other disposition of the city's real property may be made only after a public hearing has been held and published notice of the hearing has been given at least ten (10) but not more than thirty (30) days prior to the hearing. The net cash proceeds of the sale of the property shall be used to retire any outstanding indebtedness incurred by the city in the acquisition or improvement of the property. Any remaining net cash proceeds shall be used to finance other improvements in the capital improvement budget or to retire any other bonded indebtedness.
See attached memo related to this proposed sale.
Alternative Options:
N/A
Financial Impacts:
None.
Tentative Timelines:
If approved, the public hearing notice will be published on Septemb...
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