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CASE <br /> <br />AUTHORIZE PURCHASE OF TH 47 TRAIL EASEMENT <br />FROM VINCENTE AND JANE PROKOPIO <br /> By Steven J Jankowski, City Engineer <br /> <br />Background: <br /> <br />In order to complete the trail along the west side of TH 47 between Alpine Drive and <br />Elmcrest Park, easements from three properties are required. Appraisals were prepared <br />on all three of these properties and offers were extended to the property owners in the <br />amount of the appraisals. Two property owners have made coUnter offers, while the third <br />property has since been acquired by a developer who is willing to dedicate the necessary <br />easement to the City. An evaluation of the septic system for one of the properties is <br />being conducted prior :to finalizing the settlement with that property owner.' The owners <br />of the third property, Vincente and Jane Prokopio, are ready to execute the easement <br />subject to a counter offer. The appraised value of the easement was $5,400 and their <br />counter offer was $8,500. At a Council work session held on September 7th, the <br />consensus was that this counter proposal was reasonable and recommended its <br />acceptance. <br /> <br />Recommendation: <br /> <br /> Staff recommends approval of the counter offer by Vincente and Jane Prokopio of <br />$8,500 to acquire a trail easement over the east 20 feet ofLotl, Block 1 JPJV Addition. <br /> <br />Action: <br /> <br />Motion to approve the counter offer by Vincente and Jane Prokopio <br />of $8,500 to acquire a trail easement over the east 20 feet of Lotl, Block 1 JPJV <br />Addition. <br /> <br />Reviewed By: <br />Public Works Director/Fire Chief <br />Assistant Public Works Director/Principal City Engineer <br /> <br />CC: 09/13/04 <br /> <br />-315- <br /> <br /> <br />