00-8927r
76
RESOLUTION NO. 8927
RESOLUTION ESTABLISHING JUST COMPENSATION AND AUTHORIZING
PURCHASE OF REAL PROPERTY LOCATED AT 6315,6345,6429,6437,
6441,6445,6501,6511,6537-39 CEDAR AVENUE, AND 1720 EAST 66TH STREET
(66TH STREET/TH 77 INTERCHANGE PROJECT)
WHEREAS, the City of Richfield, Minnesota desires to purchase certain real
property and immovable fixtures and equipment, pursuant to and in furtherance of the 66th
StreetlTH 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 immovable fixtures and equipment appurtenant thereto; 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 properties 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, qualified review appraisers have certified the real estate appraisal
reports as being in conformity with appraisal standards; and
WHEREAS, qualified fixture review appraisers have certified the immovable fixtures
and equipment appraisal reports as being in conformity with appraisal standards; and
WHEREAS, MAC has 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 immovable fixtures and equipment relating thereto, and concurs that
such amounts should be determined by the City Council as the just compensation for such
properties, as indicated in Exhibit A; and
WHEREAS, MAC has also recommended that the City proceed to make offers to
the owners of the properties in the just compensation amounts as indicated within Exhibit
A.
WHEREAS, the just compensation amounts indicated within Exhibit A are
consistent with said 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
immovable fixtures and equipment relating thereto, are found to be the amounts
indicated in Exhibit A.
2. That the City's agent, Conworth, Inc. 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.
3. That the City's agent, Conworth, Inc. 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.
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 amounts of just compensation set forth in this resolution.
Adopted by the City Council of the City of Richfield, Minnesota this 11th day of
September, 2000.
~JW
Martin J. 'r " Mayor
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