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PID 29-140009 — NDS Properties, LLC. — A partial taking to facilitate the proposed <br />construction could be considered for this property, however, it would likely require <br />considerable property along both the north and east sides of the property and the <br />demolition of one of the two existing buildings, as well as a considerable modification to <br />its access. For this reason, it is recommended that the City evaluate both the partial and <br />complete takings options, but we believe it will be more efficient to take the property <br />completely. There are no active uses on this property at the time of this report. <br />PID 28-230005 — HRA Property — Depending on the final alignment chosen, a small strip <br />taking of HRA land in The COR may be necessary to facilitate the design. Because this <br />property is owned by the HRA, it is assumed for this report that the City will resolve any <br />valuation issues internally. <br />Air IL. <br />The HRA has authorized the commencement of current appraisals on the three <br />properties west of Armstrong Boulevard. For the purposes of this report, we will use <br />the values from the 20XX appraisals, with the understanding that the actual acquisition <br />costs, and accordingly project costs, will be considerably Tess. <br />Acquisition Strategy 1- Part' <br />.1.. <br />This option assumes the proposed project can be completed with the complete <br />acquisition PID X , but only the partial acquisition of right-of-way from the remaining <br />three parcels necelary to complete the pr J t. The existing property owners would <br />retain ownership of the remainder of the property, and reasonable access would be <br />provide. <br />Table 6: Partial Takings Costs <br />Parce <br />PIDXX <br />PIDXX <br />PIDXX <br />TOTAL <br />Sq. Ft. Acquired <br />Acquisition Strategy 2 - Complete Takings <br />XX, XXX <br />XX, XXX <br />XX, XXX <br />Cost <br />$xxx,xxx <br />$xxx,xxx <br />$xxx,xxx <br />$xxx,xxx <br />This option assumes the all four affected parcels would be acquired completely through <br />a process involving a willing buyer and seller. The cost of acquisition may include <br />relocation, which adds considerable cost to the project, but the excess property could <br />be sold after project completion to facilitate redevelopment and those values are shown <br />as a recovered cost in this option. <br />City of Ramsey <br />Sunwood Drive <br />F OR M <br />Project No. RAM11008 <br />Page 14 <br />