Purchase of Property_2238-2240 Washington StreetTHE CITY OF DUBUQUE
Masterpiece on the Mississippi
Dubuque
All-American City
2007
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Purchase of Property at 2238-2240 Washington Street
DATE: November 25, 2008
Housing and Community Development Department Director David Harris is
recommending acquisition of a residential rental dwelling for $93,000 located at 2238-
2240 Washington Street, owned by Dubuque Lnl, LLC. This purchase of 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.
Michael C. Van Milligen
MCVM/jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
David Harris, Housing and Community Development Dapartment Director
THE CITY OF DUBUQUE
Masterpiece on the Mississippi
Dubuque
All-American City
2007
TO: Michael C. Van Milligen, City Manager
FROM: David Harris, Housing and Community Development
SUBJECT: Purchase of Property at 2238-2240 Washington Street
DATE: 21 November 2008
Introduction
The purpose of this memorandum is to request the City Council's approval to purchase
a residential rental dwelling located at 2238-2240 Washington 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 seventh home located in the Bee Branch Realignment and scheduled for
purchase is owned by Dubuque Lnl, LLC. An independent appraisal has established
market value at $93,000. Dubuque Lnl, LLC has accepted an offer for purchase in this
amount by signing the purchase agreement offered by the Housing Department.
Action Step
The action requested of the City Council is to approve the attached resolution,
authorizing purchase of property located at 2238-2240 Washington Street in the City of
Dubuque, Iowa.
RESOLUTION NO. 416 -08
A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE LOCATED
AT 2238-2240 WASHINGTON 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 seventh 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:
Tract 1
Lot 1 of Lot 1 of the North one-half of Lot 1 of Lot 2 of the Subdivision Lot 102,
in L.H. Langworthy's Addition to Dubuque, in the City of Dubuque, Iowa
according to the recorded plat thereof
Tract 11
Lot 1 of Lot 1 of the South one-half of Lot 1 of Lot 2 of the Subdivision of Lot
102, in L. H. Langworthy's Addition to Dubuque, in the City of Dubuque, Iowa
according to the recorded plat thereof
At the cost of Ninety-three thousand dollars ($93,000).
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 1st day of December, 2008.
Roy D. Buol, Mayor
Attest:
Jeanne F. Schneider, CMC, City Clerk