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02-9206r I I I RESOLUTION NO. 9206 28 RESOLUTION ESTABLISHING JUST COMPENSATION AND AUTHORIZING PURCHASE OF REAL PROPERTY LOCATED AT 6614,6620,6626,6632,6638,6644,6700,6708,6714,6720,6726,6732,6738,6744, 6701,6709,6721,6727,6733,6739,6745 18TH AVENUE AIRPORT NOISE ACQUISITION PROGRAM WHEREAS, on September 10, 2001, the City Council approved the acquisition strategy for residential property in the airport mitigative area, using $10 million in federal funds secured by Congressman Sabo; and WHEREAS, on March 26, 2002, the City Council approved an agreement (Agreement) with the Metropolitan Airports Commission (MAC) to provide $10 million of Federal Aviation Administration (FAA) airport improvement program funds to the City of Richfield to purchase properties (including all related costs) that are, or will be, negatively impacted by airport operations; and WHEREAS, within the aforementioned airport mitigative area the real property listed within Exhibit A is identified for purchase; and WHEREAS, the City is authorized by Minnesota Statutes to acquire real property within its corporate boundaries; and WHEREAS, the City has caused appraisals for the subject properties to be made by qualified independent professional appraisers to determine fair market value of real estate; and WHEREAS, qualified review appraisers for the real property have certified the appraisal reports as being in conformity with professional appraisal standards, the Uniform Standards of Professional Appraisal Practice (USPAP) of the Appraisal Foundation and the Code of Ethics and Standards of Professional Appraisal Practice of the Appraisal Institute, Appraisal Specifications (5-491.203) set forth in the State of Minnesota's Right of Way Manual, and the Federal Aviation Administration's (FAA) Preparation of Real Estate Appraisals, Appraisal Report Content, Detailed Appraisals and Appraisal Reviews; and WHEREAS, the fair market values, as recommended by the review appraisers and approved by MAC, are listed within Exhibit B. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. That the just compensation amounts in Exhibit B are hereby approved. 2. That the City's acquisition/negotiation/relocation consultant, Conworth, Inc., is authorized to present purchase offers of said amounts listed in Exhibit B to the respective property owners. Adopted by the City Council of the City of Richfield, Minnesota this 23rd day of July, 2002. 1/ ,() "hJMC;~ ~ Martin J. Kirs ayor ATTEST: EXHIBIT A Prop rty Addr ss Legal Description 6614 18th Ave S Lot 3, Block 2, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6620 18th Ave S Lot 4, Block 2, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6626 18th Ave S Lot 5, Block 2, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6632 18th Ave S Lot 6, Block 2, VVexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6638 18th Ave S Lot 7, Block 2, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6644 18th Ave S Lot 8, Block 2, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6700 18th Ave S Lot 1, Block 3, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6708 18th Ave S Lot 2, Block 3, VVexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6714 18th Ave S Lot 3, Block 3, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6720 18th Av~ S Lot 4, Block 3, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6726 18th Ave S Lot 5, Block 3, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6732 18th Ave S Lot 6, Block 3, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, I I I I I I appurtenant thereto 6738 18th Ave S Lot 7, Block 3, Wexlers Addition TogetherVlfithall abutting streets and alleys, vacated or to be vacated,.larld"all easements, gaps, overlaps and gores, appurtenant thereto 6744 18th Ave S Lot 8, Block 3, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 670118thAveS Lot 16, Block 4, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6709 18th Ave S Lot 15, Block 4, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6721 18th Ave S Lot 13, Block 4, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6727 18th Ave S Lot 12, Block 4, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6733 18th Ave S Lot 11, Block 4, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6739 18th Ave S Lot 10, Block 4, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto 6745 18th Ave S Lot 9, Block 4, Wexlers Addition Together with all abutting streets and alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores, appurtenant thereto EXHIBIT B Property Address Fair Mark t Valu 6614 18th Ave S $164,000 6620 18th Ave S $169,000 6626 18th Ave S $160,000 6632 18th Ave S $164,000 6638 18th Ave S $162,000 6644 18th Ave S $205,000 6700 18th Ave S $169,000 6708 18th Ave S $163,000 6714 18th Ave S $170,000 6720 18th Ave S $180,000 6726 18th Ave S $176,000 6732 18th Ave S $170,000 6738 18th Ave S $172,000 6744 18th Ave S $150,000 6701 18th Ave S $223,000 6709 18th Ave S $203,000 6721 18th Ave S $179,000 6727 18th Ave S $178,000 6733 18th Ave S $175,000 6739 18th Ave S $188,000 6745 18th Ave S $182,000 I I I