93-7988R36
RESOLUTION N0. 7988
THE CITY OF RICHFIELD, MINNESOTA
RESOLUTION ESTABLISHING JUST COMPENSATION,
AUTHORIZING PURCHASE OF REAL PROPERTY
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 as:
Lot 10, Block 2, Mattson Heights 3rd Addition
aka 626 East 77th Street
Lot 9, Block 2,
aka 7644
Lot 10, Block 2
aka 7645
Lot 9, Block 2,
aka 7644
Lot 9, Block 3,
aka 7645
Mattson Heights 3rd Addition
Park Avenue
Mattson Heights 4th Addition
Park Avenue
Mattson Heights 4th Addition
Columbus Avenue
South Murray Lane
13th Avenue.
WHEREAS, the City has adopted an official map for
improvements to 77th Street; 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 to be:
$92,000
$93,000
581,000
594,000
592,000
for
for
for
for
for
626
7644
7645
7644
7645
East 77th Street
Park Avenue
Park Avenue
Columbus Avenue
13th Avenue
Resolution No. 7988
Page 2
2. That the City Manager is authorized and directed to
commence negotiations for the purchase of said real
property.
3. That the City Mana er and Mayor are authorized to
execute a purchase, agreement for the amount of just
compensation set forth in this resolution.
4. That the City Mana er is hereby directed to notify, in
writing, the owners of subject property as soon as
possible that the pity intends to acquire his/her
property and establish eligibility for relocation
benefits.
Adopted by the City Council
Minnesota this 8th day of arch,
ATTDEST
~`
1
Thomas P. Ferber, City Clerk
of the City of Richfield,
1993.
~r/G~f~~f~.`-I
Martin J~Kirsch, Mayor
1