94-8131r88
RESOLUTION NO. 8131
A RESOLUTION ESTABLISHING JUST COMPENSATION
FOR A PARTIAL FEE TAKING AND TEMPORARY EASEMENTS;
AND AUTHORIZING PURCHASE OF SAME;
PHASE II - 77TH STREET PROJECT
WHEREAS, the City of Richfield, Minnesota desires to purchase
certain real property pursuant to and in furtherance of the 77th Street
Project (Project) heretofore adopted by the City of Richfield (City)
said real property being described in Exhibit A, attached hereto; and
WHEREAS, the City has adopted an official map for improvements to
77th Street; and
WHEREAS, the improvements to 77th Street necessitate the purchase
of real property; and
WHEREAS, the City is authorized by Minnesota Statutes to acquire
real property within its jurisdiction; and
WHEREAS, the Minnesota Department of Transportation (MnDOT) and
Federal Highway Administration (FHWA) are funding this project; and
.WHEREAS, the City has caused appraisals of the subject property to
be made by qualified independent professional real estate appraisers to
determine fair market value; and
WHEREAS, a qualified review appraiser has certified the appraisal
report as to conformity with appraisal standards and has certified same.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Richfield, Minnesota as follows:
1. That just compensation is determined and listed in Exhibit B,
attached hereto.
2. That the City Manager is authorized and directed to commence
negotiations for the purchase of said real property.
3. That the City Manager and Mayor are authorized to execute appropriate
agreements.
4. That the City Manager is hereby directed to notify, in writing, the
owners of subject property as soon as possible that the City intends
to acquire this property and establish eligibility for relocation
benefits, if any.
Adopted by the City Council of the City o Richf eld, M nnesota
this 25th day of April, 1994. c
Martin J. irs h, Mayor
ATTEST:
`j l
T omas P. Ferber, City Clerk