HomeMy WebLinkAbout14-176 Colorado and Dakota St Houses
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 14-176
A RESOLUTION AUTHORIZING THE DEMOLITION OF A HOUSE AT 4577 COLORADO STREET AND
THE REPAIR OF A HOUSE AT 4664 DAKOTA STREET, INCLUDING A 2014 BUDGET AMENDMENT OF
UP TO $8,500 FROM GENERAL FUND RESERVES FOR DEMOLITION
Motion By: SOUKUP Second By: KEENEY
WHEREAS, The City of Prior Lake, a Minnesota municipal corporation, has acquired real estate for a
public purpose at 4577 Colorado Street and 4664 Dakota Street; and
WHEREAS, The City Council of Prior Lake directed staff to further evaluate costs associated with the
repair of and revenues associated with the renting of both acquired properties; and
WHEREAS, City staff has provided cost and revenue estimates, resulting in a staff recommendation to
demolish the house at 4577 Colorado Street, and to repair and rent the house at 4664 Dakota
Street; and
WHEREAS, General Fund resources are necessary to pay demolition costs at 4577 Colorado Street,
while Tax Increment Financing Redevelopment District 1-1 has funds to repair property at
4664 Dakota Street.
NOWTHEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE, MINNESOTA
as follows:
1.The recitals set forth above are incorporated herein.
2.City staff is hereby authorized to proceed to demolish the house at 4577 Colorado Street, and further to
repair and rent the house at 4664 Dakota Street.
3.The 2014 General Fund budget is amended to reflect up to $8,500 in demolition costs at 4577 Colorado
Street using General Fund reserves.
PASSED AND ADOPTED THIS 10 DAY OF NOVEMBER, 2014.
th
VOTE Hedberg Keeney McGuire Morton Soukup
Aye
☒☒☒☒☒
Nay ☐☐☐☐☐
Absent ☐☐☐☐☐
Abstain ☐☐☐☐☐
Frank Boyles, City Manager