Agenda - Council - 01/25/2000 - Laserfiche WebLink

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I I I I I I I I I I I I I I I I I I I PW CASE # 2 DISPOSITION OF SURPLUS LAND ACQUIRED FOR T.H. #47 HIGHWAY PROJECT (IMPROVEMENT PROJECT #98-14) By: Steve Jankowski, City Engineer Background: The City has acquired a number of properties for the purpose of facilitating the T.H. #47 project. After conveying the necessary fight-of-way to MnDOT for highway and related purposes, there will be three parcels (Parcel No. 1 is an ag~egate of 10 individual properties) which have remaining economic value. Attached is a sketch illustrating the location of these parcels. /' Revenue from tlfis Surplus property could be utilized to offset the cost of the project. Parcel No. 1 is currently in negotiation for sale to ACCAP. Lord of Life Church has expressed interest in acquiring Parcel No. 2. The City has received no inquiries into Parcel No. 3. It should be noted that the City will want to dedicate the fight-of-access onto T.H. #47 to the State before divesting of the property to eF, minate the existing and future accesses to the highway. This will enhance the traffic c~pacity of the highway and increase the safety of the roadway. Once the right-of-access is dedicated, the economic value of the property is largely limited to adjacent properties. The issues remain as to whether the Council wishes to divest itself of the surplus property at this time, and if so, under what procedure it wished to follow. Committee Acticn: Based upon discussion. Reviewed by: City Administrator City Attorney Director of Public Works Finance Officer PW: 12/21/9~}