Loading...
Purchase of 502-504 Rhomberg AvenueTHE 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 502-504 Rhomberg Avenue DATE: July 15, 2009 Dubuque rAlhM~ricaCifll 1 2007 Housing and Community Development Department Director David Harris is recommending approval to purchase a residential dwelling unit for $75,000 located at 502-504 Romberg Avenue, as 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. M~chael 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 T- ~~ D V ~ E Alwlna~9caci4rt 1 Masterpiece on the Mississippi 2007 TO: Mich an Milligen, City Manager FROM: David~ris Housin and Communi Develo ment g tY p SUBJECT: Purchase of Property at 502-504 Rhomberg Avenue DATE: 02 July 2009 Introduction The purpose of this memorandum is to request the City Council's approval to purchase a residential rental dwelling located at 502-504 Rhomberg Avenue, 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 sixty fourth home located in the Bee Branch Realignment and scheduled for purchase is owned by Michael J. Lindauer and Donna M. Lindauer. An independent appraisal has established market value at $75,000. Michael J. Lindauer and Donna M. Lindauer 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 502-504 Rhomberg Avenue in the City of Dubuque, Iowa. RESOLUTION NO. 239-09 At the cost of Seventy five thousand dollars ($75,000). 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. PASSE®, i4PPR®VE® AN® A®®P7® this2oth~~day of July, 2009. ,~ t ~' ~t~ Roy D.~~uol, Mayor° Attest: _ , j /~~ r' Jeanne Schneider, CMC, City Clerk