Agenda - Council - 03/27/2001 - Laserfiche WebLink

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CASE By: ADOPT RESOLUTION APPROVING APPRAISAL FOR ACQUISITION OF 153~'d/155th RIGHT OF WAY William K. Goodrich, City Attorney Background: The City Council by Resolution 00-10-266 authorized the commencement of an eminent domain action for acquisition of RIGHT OF WAY from Reginald Vasseur, owner of a parcel necessary for the construction of the 155th Ave. N.W. extension. As a part of that condenmation process an appraisal has been completed. The appraiser has determined the value of the Vasseur parcel to be $61,605.00. The Vasseur parcel does include the necessary right of way and an extensive wetland area for a total size of 41.07 acres. This then is the amount which the City will need to offer the land owner for title to the parcel. The land owner has the option of accepting the appraisal amount or going forward with the condenmation process including' commissioners hearings as well as a Disthct Court trial. The final amount paid to the parcel owner could therefore be more than the $61,605.00 if so determined by the commissioners and/or District Court Judge. In order for the City to acquire title to the parcel now we must deposit the $61,605.00 with the District Court or pay it to the owner at the owner's discretion. This deposit cannot be made until the Council approves the appraisal amount. Enclosure: Proposed resolution approving appraisal amount. Recommendation: Staff recommends that the council adopt Resolution 00-03- which is a resolution approving the appraisal amount of $61,605.00 for the 41.07 acre Vasseur parcel. Council Action: ~1 [°~ Motion to adopt Resolution No. 00-03-~ which is a resolution approving the appraisal amount of $61,605.00 for acquisition of the 41.07 acre Vasseur parcel. Review Checklist: City Administrator City Engineer -111-