07-9906r
RESOLUTION NO. 9906
RESOLUTION ESTABLISHING JUST COMPENSATION AND AUTHORIZING
PURCHASE OF REAL PROPERTY LOCATED AT 6600 OAKLAND AVENUE (66TH
STREET AND PORTLAND AVENUE INTERSECTION IMPROVEMENT PROJECT)
WHEREAS, the City of Richfield, Minnesota desires to purchase certain real
property pursuant to and in furtherance of the 66th Street and Portland Avenue
Intersection Improvement Project (Project) heretofore adopted by the City of Richfield
(City) said real property being described on Exhibit A, together with all abutting streets and
alleys, vacated or to be vacated, and all easements, gaps, overlaps and gores,
appurtenant thereto; and
WHEREAS, the City has adopted a layout for Project improvements; and
WHEREAS, the Project improvements necessitate the purchase of real property
appurtenant thereto; and
WHEREAS, the City is authorized by Minnesota Statutes to acquire real property
within its corporate boundaries; and
WHEREAS, the City has caused appraisal for the property to be made by qualified
independent professional appraisers to determine fair market value of real estate; and
WHEREAS, a qualified review appraiser has certified the real estate appraisal
report as being in conformity with appraisal standards; and
WHEREAS, the Richfield Public Works Department and City Attorney have
reviewed all appraisal reports and review appraisal reports prepared for the properties and
the City staff recommendations of just compensation for the real estate, and concur that
such amounts should be determined by the City Council as the just compensation for such
properties, as indicated in Exhibit A; and
WHEREAS, the Richfield Public Works Department has also recommended that the
City proceed to make offers to the owners of the properties in the just compensation
amounts of $235,000 for the 6600 Oakland Avenue real estate acquisition.
WHEREAS, the just compensation amount indicated is consistent with said
appraisal report and review appraisal report.
NOW, THEREFORE, BE IT RESOLVED-by the City Council of the city of Richfield,
Minnesota as follows:
1. That the total just compensation for the individual parcel of real estate is found to be
the amount indicated in this resolution.
2. That the City's staff and consultants are authorized and directed to submit to property
owner the City's offer to pay such just compensation amount for all interests in such
property and commence negotiations for the purchase of said property interest.
3. That the City's staff and consultants are hereby directed to notify, in writing, the owner
of the property that the City intends to acquire the property indicated in Exhibit A and
establish eligibility for relocation benefits, if any.
4. That the City Manager and Mayor are authorized to execute purchase agreements in a
form acceptable to them and take all other actions necessary to complete the purchase
of the property for the amount of just compensation set forth in this resolution.
Adopted by the City Council of the City of Richfield, Minnesota this 13th day of
March,2007.
v~-a~
Debbie Goettel, Mayor
ATTEST:
.~
Nancy Gib City Clerk
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