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i <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br /> I <br /> I <br /> I <br /> I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />$43,000 for thst property. The owner would like right-of-reversion on the property that is <br />not used for s~wer 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 2000tithe Kuraks will be donating fee title interest as well as the triangular parcel <br />to the City. <br /> <br />The right-of-reversion was discussed. Mayor Hardin inquired how the language will read <br />on that. <br /> <br />Mr. Schroederistated it would be at the price at which we purchased it - per acre or square <br />foot. It woul~l only occur if we sold the property. If we use two acres for roadway <br />purposes and a[ttach the additional two acres to the Public Works property, it would be the <br />second two acre, s they would have some rights to. <br /> <br />Mayor Hardin isuggested the language be amended to be whatever the value is at that time. <br /> <br />Councilmemb~r Zimmerman stated that if Bury and Carlson is in agreement with this, we <br />are getting sevl, er through there for AEC and that's paramount to whatever we get in the <br />future. ~ <br /> <br />Councilmemb~r Peterson commented that it would only be to Bury and Carlson. If he sells <br />it, it doesn't g~ with the property. <br /> <br />Mayor Hardiniasked about the donation of land. <br /> <br />Mr. Schroede~ 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 permanen~ easement as well as through the parcel. They would be granting that to us. <br /> <br />Mayor Hardiniasked what would happen if the property sold. <br />Mr. Schroeder!stated that this is recordable. <br />Motion by M~yor Hardin and seconded by Councilrnember Beahen to authorize staff to <br />enter into pur _ch. ase agreements with the Kuraks, Bury and Carlson, and Akron as outlined <br />in the case. <br /> <br />Motion carded. Voting Yes: Mayor Hardin, Councilmembers Beahen, Beyer, Peterson <br />and Zimmermitn. Voting No: None. <br /> <br />Case #4: iLand Purchase from Larry Sandness <br /> <br />City Engineeri Jankowski stated that Mr. and Mrs. Larry Sandness own the property <br />immediately ,~,est of T.H. g47, 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 w. ~s dedicated to the City, in addition to an additional 17 feet of right-of-way <br />which was replicated to the State for T.H. g47. Subsequently, the Sandness' purchased <br />from Martin G orham, a 60-foot renmant 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 ~his piece. He continued that the service road has been constructed and <br />maintained or. ~r this parcel, and the City has rights to its continued use because of this. <br />However, the 2ity would not have any rights to construct utilities through this parcel and it <br />appears likely hat 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 />