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4646 Dakota Street SE
41zNvxEso't1" Prior Lake,MN 5 53 72
RESOLUTION 14-xxx
A RESOLUTION AUTHORIZING THE PURCHASE OF PROPERTY
LOCATED AT 4577 COLORADO STREET SE, PRIOR LAKE, MN
Motion By: Second By:
WHEREAS, The City of Prior Lake, a Minnesota municipal corporation, acting by and through the City
Council, is authorized by law to acquire real estate which is needed for public use or purpose;
and
WHEREAS, The City Council amended its Comprehensive Plan in 2013 to identify a future roadway
connection from Arcadia Avenue south to the Southlake Village area; and
WHEREAS, The County has indicated that in 2015, the County will activate the signal lights at Arcadia and
CH21, install "jersey" barriers in the middle of CH21 from Arcadia through the Main Avenue
intersection, and remove the stop signs at the Main and CH21 intersection; and
WHEREAS, Future extension of Arcadia Avenue to the south will require the acquisition of several
residential properties; and
WHEREAS, The City has successfully negotiated the purchase of property at 4577 Colorado Street SE,
Prior Lake, MN from a willing seller.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The Mayor and City Manager are hereby authorized to enter into a Minnesota Standard Residential
Purchase Agreement and any documents necessary to close the transaction.
3. Funds for this purchase are authorized in an amount not to exceed $114,900 plus closing costs, drawn
from the General Fund.
4. The 2014 General Fund budget is amended in an amount not to exceed $114,900 plus closing costs
using residual funds from the closure of Debt Service Fund 547 and General Fund reserves.
PASSED AND ADOPTED THIS 14TH DAY OF JULY, 2014.
VOTE Hedberg Keeney McGuire Morton Soukup
Aye 0 ❑ ❑ 0 0
Nay 0 ❑ 0 0 ❑
Absent 0 ❑ ❑ 0 ❑
Abstain 0 ❑ ❑ ❑ ❑
Frank Boyles, City Manager
4577 Colorado Street
Guesstimate of Improvement Costs
Guesstimate of improvement
costs
1. Exterior Grade
$2000
a.Yard grade appears flat with very little slope away
from house and garage. Also on west side and west
portion of front and rear of house is not raised
above adjacent grade.
b.There is a depression in the front yard and east
$750
neighboring yard. A large volume rain assumed
that water would pool in the depression.
$500
c.Class 5 drive needs additional fill.
No improvement required of
2. Foundation
foundation
a.Appears that foundation is a slab on-grade.
Could not verify.
b.Walls: The concrete block foundation seems to
be in fair structural shape. Some cracking
caused by movement.
3.Electrical Wiring
a.Exposed wiring in the bathroom/utility room.
b.Electrical panel wiring in disarray.
Replace elec. $5000
c.Extension cords throughout the house, duplex
outlets do not operate. Assume that all of the
electrical wiring should be replaced.
4.Mechanical
a.The furnace has limited access doesn’t appear to
be a furnace filter or access to a filter. Exposed
wiring with no wire nuts.
b.Flue vent: Combustible material by base of flue is a
code violation.
New furnace A/C with
c.No return air plenum in house.
ductwork $7000
5. Water Damage
a.Roof leakage: Storage room ceiling has water
$500
damage by ductwork.
6.Gypsum wall board
demo and replace
a.Condition of wallboard is poor; taping and
joints are exposed, peeling paint on exterior of
wallboard
wall an indication of a moisture problem, finish
is poor. All of the wallboard could be replaced.
$5000
7.Front stoop has no frost footing, appears to be
$5000
moving, and has no windows and only screens which
let the elements into the space.
8.Plumbing is poorly installed, shower enclosure has
moldy areas.
$2000
9.No space for a side by side washer and dryer. The
dryer is elevated on a platform and the controls are New stacked washer
inaccessible.
and dryer and vent
$ 1500
10.Window air conditioner supported by a stick.
Other corrective items: roof needs replacing, siding is
adequate with very poor workmanship, exterior and
New roof $3500
interior doors in poor condition, replacement windows are
Landscape yard
low quality but fairly new, shed is inexpensive, two very
$1000
large trees in front yard, yard turf is in extremely poor
shape.
The house was constructed in 1946. There was one minor
building permit for an interior alteration obtained in 1980.
Recently installed water heater, plumbing and electrical
work done without permits. Overall the house appears to
be structurally sound but needs major mechanical and
interior and exterior covering updates.
Total improvement cost $33,750.00