Purchase of Property at 2241 Prince StreetTHE CITY OF ~,~
DUB E
Masterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Purchase of Property at 2241 Prince Street
DATE: October 15, 2008
Dubuque
A1-Ame~CaCily
..~
2007
Housing and Community Development Department Director David Harris recommends
City Council approval to purchase a residential dwelling for $51,000 located at 2241
Prince Street owned by Roger J. Trowbridge and Barbara A. Trowbridge. This
purchase is part of the acquisition program associated with the Bee Branch Creek
Restoration Project.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
~~ .~
Mic ael C. Van Milligen
MCVM/jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
David Harris, Housing and Community Development Department Director
THE CITY OF
DUB E
'Masterpiece on the Mississippi
TO: Michael Milligen, City Manager
FROM: David Har ,Housing and Community Development
SUBJECT: Purchase of Property at 2241 Prince Street
DATE: 14 October 2008
Dubuque
Aa-Amer~aCihl
2007
Introduction
The purpose of this memorandum is to request the City Council's approval to purchase
a residential dwelling located at 2241 Prince Street, as part of the acquisition program
associated with the Bee Branch Creek Restoration Project.
Background
The 2001 HDR "Drainage Basin Master Plan" identified approximately 70 homes to be
purchased as part of the Bee Branch Creek Restoration Project. To date the City
Council has approved a preliminary right of way design and the properties that will be
impacted have been identified.
The Fiscal Year 2007 CIP budget has allocated $2,615,668 for acquisitions.
Discussion
The fifty fourth home located in the Bee Branch Realignment and scheduled for
purchase is owned by Roger J. Trowbridge and Barbara A. Trowbridge. An independent
appraisal has established market value at $51,000. Roger J. Trowbridge and Barbara A.
Trowbridge have accepted an offer for purchase in this amount by signing the purchase
agreement offered by the Housing Department.
Negotiations for payment of relocation assistance benefits are continuing. However,
these have no bearing on the action to acquire the property. We expect to have those
concluded as soon as a comparable home becomes available.
Action Step
The action requested of the City Council is to approve the attached resolution,
authorizing purchase of property located at 2241 Prince Street in the City of Dubuque,
Iowa.
RESOLUTION NO. -08
A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE
LOCATED AT 2241 PRINCE STREET, IN THE CITY OF DUBUQUE
WHEREAS, the City of Dubuque intends to acquire certain properties
located in the area of the Bee Branch Creek Restoration Project for stormwater
mitigation activities as recommended in the 2001 HDR "Drainage Basin Master
Plan;" and
WHEREAS, a purchase agreement has been finalized with the owner of
the fifty fourth property scheduled for acquisition.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF
THE CITY OF DUBUQUE, IOWA:
Section 1. That the City of Dubuque hereby approves the acquisition of
the following legally described property:
Lot 2 of the Subdivision of Lot 50, and Lots 2 and 3 of the Subdivision of
Lot 49, in Sanford's Subdivision in the City of Dubuque, Iowa, according to
the recorded plat thereof.
At the cost of Fifty-one thousand dollars ($51,000).
Section 2. That the City of Dubuque be and is hereby authorized to
accept a Quit Claim deed from the owner, conveying the owner's interest to the
City of Dubuque, Iowa for the herein described real estate.
Section 3. That the City Clerk be and she is hereby authorized and
directed to cause said Quit Claim Deed to be recorded in the office of the
Dubuque County Recorder, together with certified copy of the Resolution.
Section 4. That the City Clerk be and she is hereby directed to forward
a copy of this Resolution to the Dubuque County Assessor and the Dubuque
County Auditor.
PASSED, APPROVED AND ADOPTED this day of October, 2008.
Roy D. Buol, Mayor
Attest:
Jeanne Schneider, CMC, City Clerk
RESOLUTION NO. 370 -08
A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE
LOCATED AT 2241 PRINCE STREET, IN THE CITY OF DUBUQUE
WHEREAS, the City of Dubuque intends to acquire certain properties
located in the area of the Bee Branch Creek Restoration Project for stormwater
mitigation activities as recommended in the 2001 HDR "Drainage Basin Master
Plan;" and
WHEREAS, a purchase agreement has been finalized with the owner of
the fifty fourth property scheduled for acquisition.
NOW, THEREFORE, B IT RESOLVED Y THE CITY COUNCIL OF
THE CITY OF DUBUQUE, IOWA:
Section 1. That the City of Dubuque hereby approves the acquisition of
the following legally described property:
Lot 2 of the Subdivision of Lot 50, and Lots 2 and 3 of the Subdivision of
Lot 49, in Sanford's Subdivision in the City of Dubuque, Iowa, according to
the recorded plat thereof.
At the cost of Fifty-one thousand dollars ($51,000).
Section 2. That the City of Dubuque be and is hereby authorized to
accept a Quit Claim deed from the owner, conveying the owner's interest to the
City of Dubuque, Iowa for the herein described real estate.
Section 3. That the City Clerk be and she is hereby authorized and
directed to cause said Quit Claim Deed to be recorded in the office of the
Dubuque County Recorder, together with certified copy of the Resolution.
Section 4. That the City Clerk be and she is hereby directed to forward
a copy of this Resolution to the Dubuque County Assessor and the Dubuque
County Auditor.
PASSED, APPROVED AND ADOPTED this 20th day of October, 2008.
Roy D. Buol, Mayor
Attest:
Jeanne F. Schneider, CMC, City Clerk