01-9009r
41
RESOLUTION NO. 9009
RESOLUTION ESTABLISHING JUST COMPENSATION AND AUTHORIZING
PURCHASE OF REAL PROPERTY L.PCA TED AT 7540 PENN AVENUE, AT
7611 KNOX AVENUE, AT 1601 WEST 75th STREET, AND AT 7539 PENN AVENUE
(WIDENING OF 76th STR~ET FROM 1-35W TO PENN AVENUE PROJECT)
W.bI:EB.e~,$, the City ofRie/1lfield, MinneS,ota€l.~sifes to purchase certain real
property and .ea~e.r11ents pursu~nt to and in furtherance of U\le Widening (f)f 7ath Street
from 1-35W to Penn Avel\'lue Project (Pr.<Dject) here,tQfqr~ adopte9 by the City of Richfield
(City) said real preperty being described Oft ~xhibit A,tQgether with all abutii'l'lg streets
and alleys, vacated or to be vacated, and aU easements, gaps, overlaps and gores,
appurtenant thereto; and
W<WEREAS, the City has adopted a layout for Project improvements; and
VVJ~E;REA$f the f?roject improvememts necessitate the purchase of real property
and easements appqrtenant thefetp;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 properties to be made by
qualified independent professional appraisers to determine fair market value of real
estate;arnd
WH,E:REAS, a qualifi.ed review.apprais,er has certified the real estate appraisal
reports as heingin conformity with appraisal standards; and
WHEREAS, the Richfield Public Works Department and City Attorney have
reviewE)dqll. apprqi$.al reports and review appraisa.1 reports prepared for the properties
and the City staff recommendations of just compensation for the real estate and
easements, 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 $93,200 forthe Saint Richard's Church real estate partial acquisition and
easements, $39,800 for the Colony Apartments real estate partial acquisition and
easements, $394,100 for the Fountainhead Apartments real estate partial acquisition
and easements, and $2,2()O for the Floyd Sjostrand real estate partial acquisition and
easem.ents.
WHEREAS, the just compensation amounts indicated are consistent with said
appraisal reports and review appraisal reports.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Richfield, Minnesota as follows:
1. That the total just compensation for each of the individual parcels of real estate and
easements are found to be the amounts indicated in this resolution.
2. That the City's agent, Kennedy.and Graven, is authorized and directed to submit to
property owners the City's offer to pay such just compensation amount for all
interests in each such property and commence negotiations for the purchase of said
property interests.
3. That the City's ag,ent, Kennedy and Graven, is hereby directed to notify, in writing,
the owners of the properties 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 properties for the amount of just compensation set forth in this
resolution.
Adopted by the City Council of the City of Richfield, Minnesota this 12th day of
February, 2001.
~~u
Martin J. ch, Mayor
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