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81-6382R26 .~ RESOLUTION. 6382 ' RESOLUTION ESTABLISHING JUST. COMPENSATION FOR ADAMS PROPERTY WHEREAS, the Housing and Redevelopment Authority (HRA) and the City of Richfield (City) have both authorized the acquisition by eminent domain of part of the tract of land described in t~<':~. ~ -- Exhibit A which is attached herewith and made a part hereof as if fully set out at this point;-and WHEREAS, the HRA and City have further determined to proceed jointly in one condemnation action seeking to acquire .thereby the property in which each is interested as a unified parcel; and .WHEREAS, the HRA and the City have caused appraisals, of the property described in Exhibit A to be made appraising the market value of the real estate. Such appraisals have been fully. and carefully considered by the HRA. Such appraisals appear to have.. been performed in a competent manner and in accordance with appli- cable law; NOW THEREFORE, BE IT RESOLVED by the City .Council of the City of Richfield, Minnesota, that. the fair market value and just comp- ensation for the lands described in Exhibit A is $175,.040. Passed by the City Council of the City of Richfield, Minnesota, this 23rd day of February, 1981.. ATTEST: r Donald Priebe, Mayor. Syl a Bergh, Acting Ci Clerk • ~ Resolution No. 6382 Exhibit A r ~ ~ .That part of Government Lot 3, Section. 28, Township 28, Range 24, described as follows: Beginning at a point on the east line of said Government Lot 3 distant .1131.3. feet south from the northeast' corner of said. Government Lot 3;. thence on an assumed bearing of north. along said east li',ne a distance of 70.36 feet; r,~s ~ r -. , ~.:. .. ~~~ thence west at a might angle a distance of 176.5 feet to the factual paint of beginning of the tract to be described; thence north at a right angle a distance of 16.0 feet; thence • west at a right angle a distance of approximately 183.5 feet to the. 'southerly extension of the east line of Block'2, "RAY'S LYNNHURST 2ND ADDITION"; thence 'south along such southerly - extension to thei'ntersection with a line parallel with and. 225.00 feet south of the south line of Lot :4 in said Block 2; thence west along said parallel line 128.00 feet to the southerly extension of the east line of the north and south alley in said Block 2; thence north along'said last described extension to the south line of the east and west. alley - in said Block 2; thence west along. the south line of said .alley!, and its extension a distance. of 202.00 feet; thence southwesterly to Judicial Landmark No. 7 set', pursuant. to Torrens Case No. A-2547 onthe mean .center ~.ine of the bed of Grass Lake; thence. southeasterly along said mean center line, determined in Torrens Case No. A-2547, to a line bearing 82 degrees west (assuming the east line of said Government Lot 3 as bearing northl) from a point on the east line of said Government.Lot 3 distant 1176.30 feet south from the northeast corner of said Government Lot 3; thence north 82 degrees East to the intersection with a line drawn parallel with and 176.50 feet. west of the. East line of said Government Lot 3; thence North. along. said parallel line to the .actual point of beginning.