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HomeMy WebLinkAboutItem 09September 4, 2018 Item No.________ RESOLUTION AUTHORIZING THE PURCHASE OF REAL PROPERTY LOCATED AT 16715 FLAGSTAFF AVENUE Proposed Action Staff recommends adoption of the following motion: Move to adopt a Resolution Approving Acquisition of Certain Real Property and payment of eligible relocation expenses. Adoption of this resolution will result in the acquisition of the property located at 16715 Flagstaff Avenue. Overview The City Council has approved a Joint Powers Agreement with Dakota County on March 19, 2018 for the construction of a roundabout at the intersection of Dodd Boulevard and Flagstaff Avenue. The agreement calls for the required property acquisition be completed by the City with the County reimbursing the City with their 55% cost share. The owner occupied single-family home located at 16715 Flagstaff Avenue has been identified to be acquired for the Dodd/Flagstaff Intersection Project. The City had an appraisal of the property completed in December of 2017. The appraised value of the property was $257,000. However, under the Minnesota Statutes for City initiated acquisitions, the owners are entitled to compensation sufficient to purchase a comparable property. The Minimum Compensation Value Report completed by Wilson Development Services determined as the minimum compensation for a comparable property to be $280,000. Timothy and Sandra Pope have signed a purchase agreement for the minimum compensation value amount of $280,000 with a September 27, 2018 closing date. The City has also agreed to rent the house back to the Pope’s for ten days after closing at no cost to allow time to complete their move. The Popes are also entitled to business relocation and re-establishment expenses for their home- based business, actual moving costs, as well as closing costs on their new home under the Uniform Relocation Act. City and County staff recommend approval of this purchase agreement. Primary Issues to Consider • What is the proposed funding source for this acquisition? The project as identified in the adopted 2018-2022 Capital Improvement Plan is proposed to be financed from the Municipal State Aid Street funds. Supporting Information • Resolution approving the purchase of property at 17615 Flagstaff Avenue • Signed Purchase Agreement c: Zach Johnson, City Engineer; Brian Sorenson, Asst. County Engineer Financial Impact: $ 280,000________Budgeted: Y/N _Y___ Source: __City MSA and County Funds__ Related Documents (CIP,ERP, etc.): N/A Envision Lakeville Community Values: Design that Connects the Community Report Completed by: David L. Olson, Community & Economic Development Director 199004v1 CITY OF LAKEVILLE DAKOTA COUNTY, MINNESOTA RESOLUTION NO. _____ RESOLUTION APPROVING THE ACQUISITION OF REAL PROPERTY AND DISPENSING WITH STATUTORY REQUIREMENTS FOR REVIEW BY PLANNING COMMISSION OF DISPOSAL OF PROPERTY WHEREAS, the City is proposing to acquire certain property ("Property") legally described in and under the terms of the proposed purchase agreement attached as Exhibit "A" (“Purchase Agreement”) between the City of Lakeville (“Buyer”) and Timothy R. Pope and Sandra B. Pope (“Sellers”); WHEREAS, Minn. Stat. § 462.356, subd. 2 requires that the Planning Commission review the City's proposed acquisitions and dispositions of property, and; WHEREAS, Minn. Stat. § 462.356, subd. 2 provides for an exception from the Planning Commission review requirement upon 2/3 vote of the City Council dispensing with the requirement and finding that the acquisition or disposal of the property has no relationship to the comprehensive municipal plan. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville: 1. The City Council finds that the acquisition of the Property under the Purchase Agreement has no relationship to the comprehensive municipal plan and approves the Purchase Agreement; 2. Review by the Planning Commission of the acquisition of the Property is hereby dispensed with; and 3. The Mayor, City Administrator, and City Clerk are authorized and directed to execute all documents, and take all appropriate measures to convey the Property under the terms of the Purchase Agreement. ADOPTED this _______ day of _____________, 2018, by a 2/3 vote of the City Council of the City of Lakeville. CITY OF LAKEVILLE BY: _______________________________ Douglas P. Anderson, Mayor ATTEST: ______________________________ Tamara Wallace, Deputy City Clerk Pope Property - 16715 FLAGSTAFF Property Information August 28, 2018 0 110 22055 ft 0 30 6015 m 1:1,200 Disclaimer: Map and parcel data are believed to be accurate, but accuracy is not guaranteed. This is not a legal document and should not be substituted for a title search,appraisal, survey, or for zoning verification.