Loading...
92-078 - 11-10 Authorize Acquisition 7831 Olson Memorial Highway Right-of-WayResolution 92-78 November 10, 1992 Member Stockman introduced the following resolution and moved its adoption: RESOLUTION AUTHORIZING THE ACQUISITION OF THE PROPERTY AT 7831 OLSON MEMORIAL HIGHWAY IN ORDER TO PROVIDE ADDITIONAL RIGHT-OF-WAY FOR STREET IMPROVEMENTS TO WINNETKA AVENUE WHEREAS, the City of Golden Valley is cooperating with Hennepin County in the reconstruction of Winnetka Avenue from Harold Avenue to Orkla Drive; and WHEREAS, under an agreement with Hennepin County the City will acquire the necessary street right-of-way to undertake this project; and WHEREAS, it is necessary, desirable and in the public interest for the City to acquire this property at 7831 Olson Memorial Highway to carry out the improvements to Winnetka Avenue; and WHEREAS, the City has had the property at 7831 Olson Memorial Highway appraised in order to determine its fair market value by a qualified independent professional real estate appraiser, who has completed a written report docu- menting said value; and NOW, THEREFORE, BE IT RESOLVED, by the City Council for the City of Golden Valley: 1. That it approves acquisition of the property described on the attached Purchase Agreement, that the attached Purchase Agreement is approved and the City Manager is authorized to execute it on behalf of the City Council and take all necessary action to carry out its terms. 2. That the City Council hereby certified the market value of said prop- erty legally described as follows to be $93,000: Lot 1, A.W. Hanson's Golden Valley Addition BE IT FURTHER RESOLVED that the acquisition of the above described real estate is necessary and described, and the purpose aforesaid for which said property is to be acquired is a property and necessary public purpose. ATTEST: irley J. Ne so , City Clerk The motion for the adoption of the foregoing resolution was seconded by Member Thompson, and upon a vote being taken thereon, the following voted in favor thereof: Bakken, Johnson, Russell, Stockman and Thompson; and the following voted against the same: none, whereupon said resolution was declared duly passed and adopted, signed by the Mayor and his signature attested by the City Clerk.