HomeMy WebLinkAboutItem 06.h
Date: Item No.
AUTHORIZATION TO SUBMIT AN APPLICATION FOR RIGHT-OF-WAY
ACQUISITION LOAN FUNDS FOR THE PURCHASE OF 2.08 ACRES NEAR I-35 AND
CO. RD 50
Proposed Action
Staff recommends adoption of the following motion: Approval of a resolution authorizing the submittal of
a Right-of-Way Acquisition Loan Fund (RALF) Application to the Metropolitan Council for the acquisition
of property located at 17471 Kenwood Trail.
Overview
The City Council approved an Official Map for the future I-35/ CSAH 50/5 Interchange in 2004. This
Official Map identifies the need to acquire a portion of the property and eliminate the current access
locations for property located at 17471 Kenwood Trail (former BP Gas Station currently College Hunks
Hauling Junk Property).
The RALF Loan from the Met Council is a no interest loan with no termination date. When the property
is conveyed to the road authority, the RALF program is reimbursed the actual acquisition cost for the
portion of the property being conveyed with funds for the interchange project construction.
Utilizing the RALF program provides the necessary funding to secure this property that is currently listed
for sale and preserves it for the future I-35/ CSAH 50 interchange project at no direct cost to the City. Staff
recommends approval of the submittal of a RALF application. If the preliminary application is approved
the City would need to have an independent appraisal and Phase I Environmental Audit completed. The
City Council would also have to approve a purchase agreement with the current owner.
Primary Issues to Consider
• Is the City’s acquisition of this property with RALF funds at this time appropriate? It provides
the City with outside funding to acquire a property from a willing seller that will be needed for
this future interchange.
Supporting Information
• Copy of Adopted CSAH 50/ CSAH 5 Official Map
• Aerial Map of the Property
• Proposed Future Interchange Design Plan
Financial Impact: $None Budgeted: Y☐ N☒ Source:
Related Documents: (CIP, ERP, etc.):
Envision Lakeville Community Values: Diversified Economic Development
Report Completed by: David L. Olson, Community and Economic Development Director
February 18, 2020
Metropolitan Council
CITY OF LAKEVILLE
DAKOTA COUNTY, MINNESOTA
RESOLUTION NO.
RESOLUTION AUTHORIZING SUBMITTAL OF A LOAN APPLICATION TO THE
METROPOLITAN COUNCIL RIGHT-OF-WAY ACQUISITION LOAN FUND FOR THE
ACQUISTION OF 2.08 ACRES ADJACENT TO THE I-35 AND CSAH 50/5 INTERCHANGE
WHEREAS, the City of Lakeville, Dakota County and the Minnesota Department of
Transportation have previously completed preliminary planning for the future reconstruction of
the I-35 and CSAH 50/5 Interchange; and
WHEREAS, the City of Lakeville has adopted an Official Map for the future reconstruction
of the I-35 and CSAH 50/5 Interchange that identifies the necessary additional property that would
need to be acquired to complete the Interchange improvements; and
WHEREAS, there is currently a 2.08 acre parcel located at 17471 Kenrick Avenue and is
the site of a former gas station that is adjacent to the proposed north-bound off ramp and is
identified to be partially acquired and have all direct access to CSAH 50 removed in conjunction
with the proposed Interchange improvements; and
WHEREAS, the owner of this property currently has the property listed for sale; and
NOW, THEREFORE, BE IT RESOLVED by the Lakeville City Council authorizes the submittal
of an application to the Metropolitan Council Right-of-Way Acquisition Loan Fund for the
acquisition of the 2.08 acre property located at 17471 Kenrick Avenue.
DATED this 18th day of February, 2020.
CITY OF LAKEVILLE
BY: ____________________________
Douglas P. Anderson, Mayor
ATTEST:
________________________
Charlene Friedges, City Clerk
STATE OF MINNESOTA )
(
CITY OF LAKEVILLE )
I hereby certify that the foregoing Resolution No. _______ is a true and correct copy of the
resolution presented to and adopted by the City Council of the City of Lakeville at a duly
authorized meeting thereof held on the 18th day of February, 2020, as shown by the minutes of
said meeting in my possession.
__________________
Charlene Friedges
City Clerk
(SEAL)