00-8903r
52
RESOLUTION NO. 8903
RESOLUTION ESTABLISHING JUST COMPENSATION AND AUTHORIZING
PURCHASE OF REAL PROPERTY LOCATED AT 6333,6409-17,6421,6425,6509,
6529 CEDAR AVENUE; 1820 AND 1800 EAST 66TH STREET; AND 1714 EAST
66TH STREET; (66TH STREET I TH 77 INTERCHANGE PROJECT)
WHEREAS, the City of Richfield, Minnesota desires to purchase certain real
property pursuant to and in furtherance of the 66th StreetITH 77 Interchange 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;
and
WHEREAS, the City is authorized by Minnesota Statutes to acquire real property
within its corporate boundaries; and
WHEREAS, the Metropolitan Airports Commission (MAC) is initially funding the
Project; and
WHEREAS, the City has caused appraisals for the subject property to be made
by qualified independent professional appraisers to determine fair market value of real
estate and immovable fixtures and equipment appurtenant thereto; and
WHEREAS, a qualified review appraiser has certified the appraisal reports as being
in conformity with appraisal standards; and
WHEREAS, a qualified fixture review appraiser has certified the fixture appraisal
report as being in conformity with appraisal standards; and
WHEREAS, MAC has reviewed all appraisal reports and review appraisal reports
prepared for the subject property and has recommended that the just compensation for
the real estate be determined by the City Council as indicated in Exhibit A; and
WHEREAS, MAC has also recommended that the City proceed to make offers to
the owners of the subject properties in the just compensation amounts as indicated
within Exhibit A.
WHEREAS, the just compensation amounts indicated within Exhibit A 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 the individual parcels of real estate and the
immovable fixtures and equipment relating thereto are indicated in Exhibit A.
2. That the City's agent, Conworth, Inc. is authorized and directed to submit to the
property owner the City's offer to pay such just compensation amount for all interest
in the subject property and commence negotiations for the purchase of said
property.
3. That the City's agent, Conworth, Inc. is hereby directed to notify, in writing, the
owners of the subject property that the City intends to acquire this property and
establish eligibility for relocation benefits.
4. That the City Manager and Mayor are authorized to execute purchase agreements in
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 24th day of
July, 2000.
ATTEST:
~j/~
Thomas P. Ferber, City Clerk
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