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HomeMy WebLinkAboutOfficial Act No. OA281-25 - Official Act - Property Acquisition Settlement Agreement Parcel 49 Link Bus Rapid Transit - Project No. J8707 OFFICIAL ACT The Common Council of the City of Rochester, Minnesota hereby authorizes the Settlement Agreement to directly purchase the property rights, and to settle the takings of Parcel 49 with a total value above $50,000, and in an amount greater than 15% above the approved appraised value. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2025. ___________________________________ PRESIDENT OF SAID COMMON COUNCIL ATTEST: __________________________ CITY CLERK APPROVED THIS _____ DAY OF ______________________, 2025. ___________________________________ MAYOR OF SAID CITY (Seal of the City of Rochester, Minnesota)