Agenda - Council - 11/09/2004 - Laserfiche WebLink

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CASE it APPROVE PURCHASE AGREEMENT FOR THE THE PURCHASE OF THE HIGHWAY 10 CORRIDOR/MILLER PROPERTY By: William IC Goodrich, City Attorney Background: As the Council is aware, the City has been negotiating with Earnest Miller for the acquisition of his parcel of land lying within the Highway 10 corridor Official Map area. The parcel is located at 6159 Highway 10 NW. The funds for the purchase are from a Metropolitan Council RALF loan. The loan proceeds will be reimbursed to the Metropolitan Council By MnDot when MnDot has need for the parcel. Jodi Ruhle of the Tinklenberg Group has negotiated the purchase agreement on behalf of the City. The total purchase price is $340,000.00. In addition, because the City commenced a condemnation action for acquisition of a storm drainage easement across the parcel, the City owes the landowner his attorney fees incurred in the condemnation action per State statute. The amount is $943.72 which I have determined is a reasonable amount. Enclosure: The proposed purchase agreement. Map showing the parcel location Recommendation: Enter into the purchase agreement. Council Action: Motion to enter into a purchase agreement with Ernest R. Miller, Trustee of the Earnest R. Miller Revocable Trust U/A dated November 3, 2000 for the purchase of the parcel of land located at 6159 Highway 10 NW, Ramsey, Minnesota, for a total purchase price of $340,000.00, which purchase price is to be funded by a Metropolitan Council RALF loan. This motion is contingent on formal approval by the .Metropolitan Council approving the purchase and the purchase price. In addition, the City shall reimburse the landowner for his attorney fees in the amount of $943.72 relating to a previous City condemnation action. Review Checklist: City Administrator