Purchase of 2120 Kniest Street_Bee Branch CreekTHE CTTY OF Dubuque
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Masterpiece an the Mississippi
2007
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Purchase of Property at 2120 Kniest Street
DATE: July 15, 2008
Housing and Community Development Department Director David Harris is
recommending purchase of the property at 2120 Kniest Street in the amount of
$107,500 as part of the Bee Branch Creek Restoration Project.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
Micha I 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 Dubuque
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Masterpiece on the Mississippi
2007
TO: Michael ~an Milligen, City Manager
FROM: David I-I~rris, Housing and Community Development
SUBJECT: Purchase of Property at 2120 Kniest Street
DATE: 08 July 2008
Introduction
The purpose of this memorandum is to request the City Council's approval to purchase
a residential dwelling located at 2120 Kniest 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 sixth home located in the Bee Branch Realignment and scheduled for
purchase is owned by Robert F. Atkinson, Jr. An independent appraisal has established
market value at $107,500. Robert F. Atkinson, Jr. 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 2120 Kniest Street in the City of Dubuque,
Iowa.
RESOLUTION NO. 233 -08
A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE
LOCATED AT 2120 KNIEST 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 sixth 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 Northwesterly 50 feet of Lot 2 in L. Kniest's Subdivision of Part of
Mineral Lot 314 in the City of Dubuque, Iowa according to the recorded
plat thereof.
At the cost of One Hundred Seven thousand five hundred dollars ($107,500).
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