Purchase of 504 E 22nd Street_Bee Branch CreekTHE CITY OF DUbUgU@
~~
DUB E ~-e~
Masterpiece on the Mississippi
2007
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Purchase of property at 504 E. 22nd Street
DATE: July 15, 2008
Housing and Community Development Department Director David Harris is
recommending the acquisition of the property at 504 E. 22"d Street in the amount of
$74,000 as part of the Bee Branch Creek Restoration Project.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
t~
Michael 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: Micha ~~ .an Milligen, City Manager
FROM: David ~f~r~is Housin and C
g ommunity Development
SUBJECT: Purchase of Property at 504E 22"d Street
DATE: 08 July 2008
Dubuque
All-AmedcaCitY
2007
Introduction
The purpose of this memorandum is to request the City Council's approval to purchase
a residential rental dwelling located at 504E 22nd 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 forty fifth home located in the Bee Branch Realignment and scheduled for purchase
is owned by Alvin J. and Kathryn E. Pothoff and Francis M. and Jayne L. Pothoff. An
independent appraisal has established market value at $74,000. Alvin J. and Kathryn E.
Pothoff and Francis M. and Jayne L. Pothoff have 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 504 E. 22"d Street in the City of Dubuque,
Iowa.
RESOLUTION NO. 231-08
A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE
LOCATED AT 504 E 22ND 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 forty fifth 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:
The Northerly 38 feet of the Southerly 99 feet of the Westerly Half of Lot 1
in L. Kniest's Subdivision of part of Mineral Lot 314 in the City of Dubuque,
Iowa, said premises fronting 38 feet on 22nd Street and running back that
width parallel with the southerly line of said lot 1 (said southerly line of said
Lot 1, fronting on Kniest Street) a distance of 86 feet, according to the
recorded Plat of said Addition.
At the cost of Seventy-four thousand dollars ($74,000).
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 21st day of July, 2008.
Roy D. Buol, Mayor
Attest:
Jeanne F. Schneider, CMC, City Clerk