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$43,000 for that property. The owner would like right-of-reversion on the property that is <br />not used for sewer or roadway purposes. With regard to the Kuraks parcels - we have a <br />purchase agreement for $86,500 for approximately 8.5 acres of property. He noted that in <br />the year 2000, the Kuraks will be donating fee title interest as well as the triangular parcel <br />to the City. <br /> <br />The fight-of-reversion was discussed. Mayor Hardin inquired how the language will read <br />on that. <br /> <br />Mr. Schroeder stated it would be at the price at which we purchased it - per acre or square <br />foot. It would only occur if we sold the property. If we use two acres for roadway <br />purposes and attach the additional two acres to the Public Works property, it would be the <br />second two acres they would have some fights to. <br /> <br />Mayor Hardin suggested the language be amended to be whatever the value is at that time. <br /> <br />Councilmember Zimmerman stated that if Bury and Carlson is in agreement with this, we <br />are getting sewer through there for AEC and that's paramount to whatever we get in the <br />future. <br /> <br />Councilmember Peterson commented that it would only be to Bury and Carlson. If he sells <br />it, it doesn't go with the property. <br /> <br />Mayor Hardin asked about the donation of land. <br /> <br />Mr. Schroeder replied we are getting a deed to the temporary and permanent easement in <br />order to construct sewer lines. In the year 2000, they will donate fee title to the temporary <br />and permanent easement as well as through the parcel. They would be granting that to us. <br /> <br />Mayor Hardin asked what would happen if the property sold. <br /> <br />Mr. Schroeder stated that this is recordable. <br /> <br />Motion by Mayor Hardin and seconded by Councilmember Beahen to authorize staff to <br />enter into purchase agreements with the Kuraks, Bury and Carlson, and Alu'on as outlined <br />in the case. <br /> <br />Motion carded. Voting Yes: Mayor Hardin, Councilmembers Beahen, Beyer, Peterson <br />and Zimmerman. Voting No: None. <br /> <br />Case #4: Land Purchase from Larry Sandness <br /> <br />City Engineer Jankowski stated that Mr. and Mrs. Larry Sandness own the property <br />immediately west of T.H. #47, between 151st and 149th Lane. Their residence is located <br />on Lot 1, Block 3, Gorham's Addition. When Gorham's Addition was platted, 40 feet of <br />service road was dedicated to the City, in addition to an additional 17 feet of fight-of-way <br />which was dedicated to the State for T.H. g47. Subsequently, the Sandness' purchased <br />from Martin Gotham, a 60-foot remnant piece along the south side of this parcel, which <br />was not a part of the Gorham plat, so neither the City nor the State right-of-ways were <br />dedicated on this piece. He continued that the service road has been constructed and <br />maintained over this parcel, and the City has fights to its continued use because of this. <br />However, the City would not have any fights to construct utilities through this parcel and it <br />appears likely that sewer, water, and storm sewer may be needed through this parcel in the <br />near future. There would also be some question as to how much right-of-way to which the <br /> <br />Finance Committee/September 26, 1995 <br /> Page 3 of 5 <br /> <br /> <br />