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1984-241118 RESOLUTION N0. 241 RESOLUTION ESTABLISHING JUST COMPENSATION WHEREAS, the Housing and Redevelopment Authority in and for the City of Richfield lithe Authority) did on June 20, , 1g8 3 , authorize the acquisition o certain real estate in furtherance of the Lyndale-Hub- Nicollet Commercial Improvement Program by eminent domain; and WHEREAS, the Authority finds it necessary, proper and expedient in the interests of the public health, safety, convenience, and general welfare of the citizens of the City of Richfield to acquire, for the- public purposes of redevelopment, said property, including the property described in paragraph 4 of Exhibit A, at the earliest possible date, which date will be prior to the filing of an award by courteappointed cammissioner~; and WHEREAS,- the Authority has caused the lands described in Exhibit A to be appraised, has reviewed such appraisal of value and finds the 'same to be proper and done in accordance with recognized appraisal practices and such appraisal is hereby approved. ~~ NOW; THEREFORE, BE IT RESOLVED by the Housing and Redevelopment Authority in and for the City of Richfield, Minnesota that just compensation for the acquisition of fes simple absolute title to the parcels described in Exhibit A is established to be $700,000. Passed by the Housing and Redevelopment Authority of the City of Richfield this 16th day of January, 1984. Thames E. Harms Chairman ATTEST: ~- ~~~ ~~an 'Helmberger Secre ry EXHIBST A 1. That gait of Government Lot One (i), Section Twenty-Seven {27), Township Twenty-Eight {28), Range Twenty-Four (24), described as follows: Commencing Two Hundred Twenty-Nine and 6/i0 (229.6) feet North and Two Hundred Fifty-Six and 6/10 (256.6) feet East from the Southwest corner of Lot One {1), thence North One Hundred Three (103) feet, thence South Eighty-Two (.82) degrees Fifty-Six {56) minutes East One Hundred Forty-One and 7/10 (1,41.7) feet; thence North Eighty-Two (82) degrees Thirty-Four (34) minutes East to center line of Lyndale Avenue, thence Southerly along the center line of Lyndale Avenue One Hundred Fifteen (115) feet, thence West Three Hundred Six and 5/10 (306.5) feet to beginning, and 2. Tracts B and C, Registered Land Survey No. 1318, except that part of Tract B, Registered Land Survey No. 1318, described as lying easterly and northerly of the following described line: Beginning at the Southwest corner of Tract A, Registered Land Survey No. 1378; thence s®~athe~°1y a1o?~g the southerly extension of the westerly line of Tract A, a distance of 8.62 feet; thence easterly deflecting to the left 82 degrees 13 minutes 28 seconds to the easterly line of said Tract B and there terminating, and 3. That part of Government Lot 1, Section 27, Township 28, Range 24, described as beginning at a point in the South . line of said Government Lot 1, distant 256.6 feet East of the 5authwest corner of said Government Lot 1; thence Northerly parallel with the West line of said Government Lot 1, a distance of 229.60 feet to the point of beginning; thence at right angles Westerly 2.20 feet; thence Northerly deflecting at the right 89 degrees 38 minutes, a distance of 104.7 feet to the Southerly line of Registered Land Survey No. 133.8, Files of the Registrar of Titles, County of Hennepin, thence Easterly along said Southerly line of Registered Land Survey No. 1318, Files of the Registrar of Titles, County of Hennepin, to its intersection with a line drawn Northerly from the point of beginning and parallel with the West line of said Government Lot 1, thence Southerly along said last parallel line to the point of beginning, according to the Government Survey thereof. The West line of said tract has been judicially determined and marked by Judicial Landmarks set pursuant to Torrens Case No. 17641, and situate in Hennepin County, Minnesota, and 4. That tract of land lying between the southerly Line of the following described parcel: Tracts B and C, Registered Land Survey No. 1318, except that part of Tract B, Registered Land Survey No. 1318, described as lying easterly and northerly of the following 1 described line: Beginning at the Southwest corner of Tract A, Registered Land Survey No. 1318; thence southerly along the southerly extension of the westerly line of Tract A, a distance of 8.62 feet; thence easterly deflecting to the left 82 degrees 13 minutes 28 seconds to the easterly line of said Tract B and there terminating. and the northerly line of the following described parcel: That part of Government Lot One (1), Section Twenty-Seven (2? } , , Township Twenty-Eight ( 28) , Range Twenty-Four ( 2 4) , described as follows: Commencing Two Hundred Twenty-Nine and 6/10 (229.6) feet North and Two Hundred Fifty-Six and 6/10 (256.6) feet East from the Southwest corner of Lot One (1), thence North One Hundred Three (103) feet, thence South Eighty-Two (.82) degrees Fifty-Six (56) minutes East One Hundred Forty-one and 7/10 (141.7) feat; thence North Eighty-Two G82) degrees Thirty-Four (34) minutes East to center line of Lyndale Avenue, thence Southerly along the center line of Lyndale Avenue One Hundred Fifteen (115} feet, thence West Three Hundred Six and 5/10 (306.5) feet to beginning.