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

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Councihne,nber introduced the following resolution and moved for its adoption: RESOLUTION # XXX RESOLUTION AUTHORIZING THE LOAN APPLICATION AND PURCHASE OF PROPERTIES UNDER THE RALF PROGRAM WHEREAS, the City of Ramsey has officially mapped a portion of right-of-way along the Highway #10 Corridor; and WHEREAS, the Official Map was adopted to preserve property for transportation purposes; and WHEREAS, property owners have indicated a willingness to have the property come into public ownership if appropriate agreements on this purchase can be reached; and WHEREAS, if the City does not acquire the right-of-way at this time, the property will increase in value adding to the potential of future transportation improvements becoming cost prohibitive; and WHEREAS, the City of Ramsey may utilize funds from the Public Improvement Revolving Fund to purchase the property up front with the understanding that the City will be reimbursed making this fund whole upon completing the transaction and necessary process identified under the Revolving Acquisition Loan Fund program guidelines and processes administered by the Metropolitan Council. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, ANOKA COUNTY, STATE OF MINNESOTA, as follows: 1) 2) 3) That the City Council authorizes the submittal of loan applications to the Metropolitan Council to fund right-of-way acquisition activities for properties located within the officially mapped area along Trunk Highway 10 as opportunities with willing sellers arise. That the City Council shall be apprised of these applications as they are made and of all other relevant information throughout these processes. That the City Council authorizes staff to enter into negotiations with property owners upon approval from the Metropolitan Council. The motion for the adoption of the foregoing resolution was duly seconded by Councilmember and upon vote being taken thereon, the following voted in favor thereof: and the following voted against the same: and tile following abstained: and tile following were absent: Whereupon said resolution was declared duly passed and adopted by the Ramsey City Council the 27~h day of July, 2004. Mayor ATTEST: City Clerk