93-7986R34
RESOLUTION N0. 7986
RESOLUTION AUTHORIZING ACCEPTANCE OF OFFERS;
77TH STREET PROJECT
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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
determine the use of real property it owns within its
jurisdiction; and
WHEREAS, 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; and
WHEREAS, the City has made a just compensation offer to
purchase the subject properties for use by the Project as
indicated in Exhibit A.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Richfield, Minnesota as follows:
1. That just compensation offered by the Project for the
property as described in Exhibit A is hereby accepted.
2. That the City Manager and Mayor are authorized and directed
to execute the appropriate agreements to effectuate the
transaction.
Adopted by the City Council
Minnesota this 8th day of March,
ATTEST:
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Thomas P. Ferber, City Clerk
of the City of Ric field,
1993.
Martin J. Ki sch, Mayor
EXHIBIT A
CITY COUNCIL RESOLUTION NO. 7986
MARCH 8, 1993
JUST COMPENSATION
Temporary
Property Damages Easement
Lampert Lumber $ 46,000 S 1,400
300 W. 78th Street
PID No. 34-028-24-33-0013
City Garage $719,253 $ 3,100
7700 Pillsbury Avenue
PID No. 34-028-24-34-0052
Roosevelt Park $ 44,300 $10,400
400 E. 77th Street
PID No. 34-028-24-44-0005