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HomeMy WebLinkAboutResolution - 85-179 - Establish Just Compensation and Authorize Offer - Prairie Village Elderly Apartment Site - 08/06/1985 CITY OF EDEN PRAIRIE COUNTY OF HENNEPIN, MINNESOTA RESOLUTION #85-179 RESOLUTION ESTABLISHING JUST COMPENSATION AND AUTHORIZING OFFER FOR THE CITY OF EDEN PRAIRIE TO ACQUIRE PRAIRIE VILLAGE ELDERLY APARTMENT SITE OF 3 .05+ ACRES WHEREAS, the City of Eden Prairie is carrying out a Community Development Block Grant project known as Site Acquisition (Assisted Housing) Project #009 and Senior Housing (Prairie Village Apartments) Project #958, which includes the acquisition of real property; and WHEREAS, 'the City of Eden Prairie has had the parcel of real property C.o be acquired appraised for its fair market value by a qualified independent professional real estate appraiser, who has completed a writter, report documenting said value; and WHEREAS; another qualified appraiser has reviewed the appraisal report, and has on file a written report setting forth his opinion as to a fair market value; and WHEREAS, the work of the appraiser and review appraiser with respect to the property has been performed in a competent manner in accordance with applicable State Law, the Uniform Relocation Assistance and Real Property A,cquisitin Act, and Department of Housing and Urban Development policies and requirements; NOW, THEREFORE, BE IT RESOLVED, BY THE CITY OF EDEN PRAIRIE AS FOLLOWS : � . That said opinion of fair market value in writing by the qualified review appraisal are certified to be accurate and correct and the fair market value of $150,000.00 is hereby adopted by the City of Eden Prairie as just compensation; and 2 . That the fair market value for the subject property and the interests to be acquired are delineated and identified in the City of Eden Prairie report entitled "Determination of Fair Market Value for Acquisition" dated June 10,1985, and July 17, 1985, and kept on record in the file of the City of Eden Prairie; and 3 . That the City of Eden Prairie' s staff and its attorneys are hereby authorized tG acquire the subject property by direct purchase or donation for the amount not to exceed those certified herein as just compensation . ADOPTED by the City Council of the City of Eden Prairie, Minnesota this 6th day of 1985. Gary Peterson, Mayor ATTEST: John ��� Frne, City Clerk