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Dubuque Regional Airport_Terminal Relocation ProjectTHE CITY OF DUBUQUE Masterpiece on the Mississippi Dubuque All-American City 2007TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Dubuque Regional Airport Terminal Relocation Project - 10719 Merlin Lane DATE: January 14, 2009 In February of 2008 the City Council adopted a resolution establishing the fair market value for the above-mentioned property as part of the process of acquisition of the property. That resolution contained an overly broad legal description for the property to be acquired. Assistant City Attorney Tim O'Brien is recommending adoption of a resolution with the narrowed legal description for the property with the fair market value remaining at the figure set forth in the previous resolution, namely $809,000.00. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael C. Van Milligen MCVM/js Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Tim O'Brien, Assistant City Attorney a THE CTTY OF DLTB E Masterpiece on the Mississippi MEMORANDUM .LAMES (TIM) A. O'BRIEN, ESQ. ASSISTANT CITY ATTORNEY To: Michael C. Van Milligen City Manager DATE: January 13, 2009 RE: Dubuque Regional Airport Terminal Relocation Project -Property at 10719 Merlin Lane In February of 2008 the City Council adopted a resolution establishing the fair market value for the above-mentioned property as part of the process of acquisition of the property. That resolution contained an overly broad legal description for the property to be acquired. Enclosed is a resolution with the narrowed legal description for the property with the fair market value remaining at the figure set forth in the previous resolution, namely $809,000.00. I would request that the enclosed resolution with the revised legal description be submitted to the Mayor and City Council for consideration and approval at the January 20, 2009 City Council meeting. Enclosure cc: Cindy Steinhauser, Assistant City Manager Robert Grierson, Airport Manager Ronald Bradley, Jeffrey Bradley, and Brian Bradley Douglas Pearce, Esq. F:\USERS\tsteckle\O'Brien\Airport Land Acquisitions\MVM_BradleyRevisedResolution012009Agenda_011309.doc OFFICE OF THE CITY ATTORNEY DUBUQUE, IOWA SUITE 330, HARBOR VIEW PLACE, 300 MAIN STREET DUBUQUE, IA 52001-6944 TELEPHONE (563) 583-8550 / FAx (563) 583-1040 / EMAIL tiobrien@cityofdubuque.org Preparers James A. O'Brien Suite 330 Harbor View Place Dubuque, IA 52001 (563) 583-41138550 RESOLUTION NO. 27-09 ESTABLISHING THE FAIR MARFtET VALUE OF REAL PROPERTY AT 10719 MERLIN LANE, DUBUQUE, IOWA, OWNED BY RONALD BRADLEY, JEFFREY BRADLEY, AND BRIAN BRADLEY WHEREAS, Ronald Bradley, Jeffrey Bradley, and Brian Bradley (Owners) are the owners of the real property at 10719 Merlin Lane legally described as follows (the Property): Lot 2 of the SE '/4 of the NW '/4; and the SW 1/4 of the NW 1/4, except 1/2 acre in the SW Corner thereof deeded to Independent School District of Table Mound Township; Lot 2 of Lot 2 of the NW 1/4 of the NW 1/4; Lot 3 of Lot 1 of Lot 2 of Lot 1 of the NE '/ of the NW 1/4; all in Section 35,Township 88 North, Range 2 East of the 5th P.M., in Dubuque County, Iowa, according to the United States Government Survey and the recorded plats thereof, less right of way conveyed to the State of Iowa and/or the State Highway Commission for road purposes, and that part sold to the City of Dubuque, Iowa, for airport purposes; and together with and subject to all rights and easements of record, from November 13, 1996, title to which rests in Ronald Bradley, Jeffrey Bradley and Brian Bradley, each owning an undivided 1/3 interest, and doing business as Bradley Farms, and WHEREAS, the City of Dubuque (City) intends to acquire the Property for the Dubuque Regional Airport Terminal Relocation Project; and WHEREAS, Iowa law requires that City must make a good faith effort to negotiate with Owners to purchase the Property before proceeding with condemnation; and WHEREAS, City may not make an offer to purchase the Property which is less than the fair market value City has established for the Property; and WHEREAS, City has caused an appraisal of the Property to be made and the appraised value of the Property is $809,000.00; and WHEREAS, the City Council now desires to establish the fair market value of the Property. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA AS FOLLOWS: 1. The fair market value of the Property is hereby established to be $809,000.00. 2. The Dubuque Regional Airport Manager and the City Attorney are hereby authorized to commence negotiations with Owners of the Property and any other interested parties for the purchase of the Property for a purchase price which is not less than the fair market value established by this Resolution. Passed, approved and adopted this 20th day of January, 2009. Kevin J. Lynch, Mayor Pro-Tem Attest: Jeanne F. Schneider, CMC, City Clerk