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13-10766r RESOLUTION NO. 10766 RESOLUTION APPROVING AGREEMENT AND ADDENDA TO AGREEMENTS FOR THE PURCHASE OF CERTAIN PROPERTIES LOCATED ON 17TH AVENUE FOR THE RICHFIELD PARKWAY IMPROVEMENT PROJECT WHEREAS, the City of Richfield has undertaken an improvement project, No. CP 410007 (North Richfield Parkway Improvement Project)(the "Project"), which involves the reconstruction of Richfield Parkway/ 17th Avenue between 63rd Street and 65tH Street; and, WHEREAS, in order to construct the Project, the City Council has determined that it is reasonably necessary to purchase certain real properties located adjacent to 17th Avenue, all in the City of Richfield, Hennepin County, Minnesota; and WHEREAS, the City has obtained an appraisal of the property from qualified independent professional appraisers; and WHEREAS, the City staff and consulting right of way agent have negotiated a purchase agreement for the purchase of property located at 6314 17th Avenue; and WHEREAS, the City staff and consulting right of way agent have negotiated addenda to the purchase agreements for the properties located at 6314 l7t Avenue and 6332 17th Avenue. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. The City Council hereby approves the purchase agreement for 6314 17th Avenue South, in the amount of $145,000.00. 2. The City Council hereby approves the addenda to the purchase agreements for 6314 17th Avenue South and 6332 17th Avenue South. 3. The Mayor and City Manager are to execute the purchase agreement and addenda for said properties and to take all other actions necessary to effectuate the transfer contemplated by those agreements. Adopted by the City Council of the City of Richfield, Minnesota this 26th day of February, 2013. U / av Debbie Goettel, Mayor ATTEST: Nancy Gibbs, 'ty Clerk