HomeMy WebLinkAbout15-155 150th and TH 13 Property Acquisition
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 15-155
A RESOLUTION AUTHORIZING ACQUISITION OF PROPERTY FOR THE
150 STREET / TH 13 IMPROVEMENT PROJECT
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Motion By: Morton Second By: McGuire
WHEREAS, On September 16, 2014, the City Council approved resolution 14-139 approving a cooperative
agreement with the City of Savage for the 150 Street and TH 13 Improvement Project; and
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WHEREAS, The Cooperative Agreement outlined the cost participation between the Cities of Savage and
Prior Lake; and
WHEREAS, The City of Prior Lake has agreed to pay for property acquisition costs in excess of $862,000
as outlined in the agreement; and
WHEREAS, A provision of the agreement specified that any costs 110% of $862,000 require written
approval from the City of Prior Lake; and
WHEREAS, On February 9, 2015, the City Council approved the sum of the property acquisition up to
$1,030,150 which was based on the appraisals; and
WHEREAS, Two properties have presented counteroffers which would increase the property acquisition by
$6,500.
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.The City of Prior Lake hereby authorizes property acquisition up to $1,036,650 for the 150 Street and
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TH 13 Improvement Project.
PASSED AND ADOPTED THIS 28 DAY OF SEPTEMBER 2015.
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VOTE Hedberg Keeney McGuire Morton Thompson
Aye
☒☒☒☒☒
Nay
☐☐☐☐☐
Abstain
☐☐☐☐☐
Absent
☐☐☐☐☐
______________________________
Frank Boyles, City Manager