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HomeMy WebLinkAboutResolution - 2008-95 - Singletree Lane Land Acquisition - 09/16/2008 CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 2008-95 A RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN REAL PROPERTY BY NEGOTIATION OR EMINENT DOMAIN PROCEEDINGS. WHEREAS, the City Council desires to acquire property from Knowledge Learning Corporation and Bremer Bank for the improvement of Singletree Lane as described and set forth on plans on file in the office of the Director of Public Works (the "Property") by negotiation or eminent domain proceedings; and WHEREAS, the City has obtained appraisals of the Property in connection with the proposed acquisition; and WHEREAS, the Director of Public Works request authorization to extend an offer to Knowledge Learning Corporation in the amount of$170,000 and Bremer Bank in the amount of $11,000 for acquisition of the Property. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EDEN PRAIRIE,MINNESOTA AS FOLLOWS: 1. The City Council hereby authorizes the Director of Public Works to offer to Knowledge Learning Corporation the amount of $170,000 and to offer to Bremer Bank the amount of$11,000, for Property. 2. In the event the Property cannot be acquired by negotiation the Director of Public Works and the City Attorney are hereby authorized to acquire the Property through eminent domain proceedings. 3. If the Property is able to be acquired through negotiation the Director of Public Works City shall present to the City Council for approval the terms of purchase of the Property. ADOPTED by the City Council of the City of Eden Prairie this 16th day of September 2008. 9, Ail Young, May ATTEST: Ka leen Porta, City Clerk