Agenda - Council - 07/27/2004 - Laserfiche WebLink

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CASE #: CONSIDER ADOPTION OF BLANKET RESOLUTION REGARDING LOAN APPLICATION AND PURCHASE OF PROPERTIES UNDER THE RALF PROGRAM FOR HWY. 10 By: James E. Norman, City Administrator Background: On April 27, 2004 the City of Ramsey adopted the Official Map for the future Hwy. 10 corridor. The adoption of the Hwy. 10 Official Map allows the City to begin preserving land within the future corridor by accessing Right-of-way Acquisition Loan Fund (RALF) administered by the Metropolitan Council. The RALF funds will be used to purchase land in the Hwy. 10 corridor until such time that MnDOT orders the project. As there will be many requests to utilize the RALF funds presently and in the future, Staffis bringing forward a "blanket" resolution for City Council consideration. The resolution will allow the City to submit loan applications to the Metropolitan Council for the purchase ofproperties within the Hwy. 10 corridor. The following item is enclosed for your information: a) Draft Resolution Observations: The attached blanket resolution will allow Staff to apply for RALF Funds as necessary. Staff will update the City Council as needed in regards to what properties they are working on. Currently, Staff is working on purchasing the vacant Jim Deal property on Hwy. 10. The City has also begun preliminary discussions with several other propery owners about the potential purchase of their land. Prior to final purchase of the land, Staff would bring back the matter for final Council approval. The blanket resolution will allow for Staff to begin the acquistion process in a timely manner. Recommendation: Staff recomends approval of the attached resolution. City Council Aciton: Adoption of Resolution #04-07- under the RALF program. __ auhorizing the loan application and purchase of properties CC: 07/27/04