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HomeMy WebLinkAbout9C - Ring Road REMOVED CITY COUNCIL AGENDA REPORT AGENDA ITEM: CONSIDER APPROVAL Of- RESOLUTION APPROVING ACQUISITION OF PROPERTY FOR RIGHT-OF-WAY FOR THE RING ROAD, AND AUTHORIZING MAYOR AND CITY MANAGER TO EXECUTE RELATED DOCUMENTS. DISCUSSION: History: The City Council has approved construction of the Ring Road in the 2002-2006 Capital Improvement Program. The Council has further approved an alignment for the road, parking restrictions, curve provisions, completion of plans and specifications, and directed the staff to negotiate for acquisition of the needed property. Current Circumstances: The staff is negotiating with four of the five parties to acquire right-of-way. Offers have been made to each party based upon the appraisals we have received on each property. We have completed negotiations for one of the properties and prepared a standard purchase agreement. I am hopeful that by the time of the March 6th meeting, the property owner will execute the agreement. At that time, I would share the terms of the proposed acquisition with the Council, together with the purchase agreement. ALTERNATIVES: (1) If the property owner fails to execute the purchase agreement, no action will be necessary. (2) Approve the attached resolution and purchase of the property if the agreement has been executed by the property owner. RECOMMENDED MOTION: As the Council deems appropriate depending upon the actions of the property owner. 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 1:\COUNCIL\AGNRPTS\2002\BORKA.DOC AN EQUAL OPPORTUNITY EMPLOYER T T- RESOLUTION RESOLUTION APPROVING THE ACQUISITION OF RIGHT-OF-WAY FOR THE RING ROAD AND AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE RELATED DOCUMENTS. Motion By: Second By: WHEREAS, the City Council has directed the staff to acquire the right-of-way required for the construction of the Ring Road; and WHEREAS, the staff has obtained appraisals and made offers to property owners for the acquisition of property; and WHEREAS, a property acquisition has been negotiated and memorialized in the City standard purchase agreement; and NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA that: 1. The recitals set forth above are incorporated herein. 2. The acquisition of the property as set forth in a certain purchase agreement dated March 6, 2002 is hereby approved. 3. The Mayor and City Manager are authorized to execute all necessary documents to effectuate the closing of the transaction. 4. Funding for the acquisition will be drawn from the Q.t>\\t-t....~ S~ ~ . PASSED AND ADOPTED THIS 6th DAY OF MARCH, 2002. YES NO Haugenr Haugen Ericson Ericson Gundlach Absent Gundlach Absent Petersen Petersen Zieska Zieska City Manager, City of Prior Lake 16200 Eagle Creek Ave. S.E., Prior Lake, Minnesota 55372-1714 / Ph. (952) 447-4230 / Fax (952) 447-4245 AN EQUAL OPPORTUNITY EMPLOYER --------------.-----T----.-...-.-------.