W. 32nd St.,827, purchase prop
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MEMORANDUM
May 10, 2004
TO:
The Honorable Mayor and City Council Members
FROM:
Michael C. Van Milligen, City Manager
SUBJECT: Purchase of Property at 827 West 32nd Street
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Housing and Community Development Department Director David Harris recommends
City Council approval to purchase a residential dwelling owned by David and Joyce
Peterson at 827 West 32nd Street, as part of the acquisition program associated with
expansion of the West 32nd Street detention basin. An independent appraisal has
established market value at $187,000 and the Petersons have accepted an offer for
purchase in this amount by signing the acquisition contract offered by the Housing
Department.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
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Michael C. Van Milligen
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Attachment
cc: Barry Lindahl, Corporation Counsel
Cindy Steinhauser, Assistant City Manager
David Harris, Housing and Community Development Department
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MEMORANDUM
10 May 2004
To: Mike V~~lIigen, City Manager
From: David Harrris, Housing and Community Development Department
Re:
Purchase of Property at 8Z7 West 3200 Street
Introduction
The purpose of this memorandum is to request the City Council's approval to purchase
a residential dwelling located at 827 West 3200 Street, as part of the acquisition program
associated with expansion of the West 3200 Street detention basin.
Background
The 2001 HDR "Drainage Basin Master Plan" identified 16 homes to be purchased as
part of the expansion of the West 3200 Street detention basin. A combination of
excavation and installation of an earthen berm will double the storage capacity of this
basin, from 46 to 94 acre-feet. This is projected to have the effect of substantially
reducing peak flows and flooding depths in the upper portion of the Washington Street
Sub-area, north of 24th Street.
The Fiscal Year 2004 CIP budget for this program has allocated $200 000 for design
and engineering and $563 000 for acquisitions.
Discussion
The third home scheduled for purchase is owned by David and Joyce Peterson. An
independent appraisal has established market value at $187,000. The Petersons have
accepted an offer for purchase in this amount by signing the acquisition contract offered
by the Housing Department.
Negotiations for payment of relocation assistance benefits are continuing. However,
these have no bearing on the action to acquire the property. We expect to have those
concluded as soon as a comparable home becomes available.
Action Step
The action requested of the City Council is to approve the attached resolution,
authorizing purchase of property located at 827 West 3200 Street in the City of Dubuque,
Iowa.
RESOLUTIONS NO. 208-04
A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE
LOCATED AT 827 WEST 32ND STREET, IN THE CITY OF DUBUQUE
WHEREAS, the City of Dubuque intends to acquire certain properties
located in the area adjacent to the West 32nd Street detention basin for purposes
of stormwater mitigation activities as recommended in the 2001 HDR "Drainage
Basin Master Plan;~ and
WHEREAS, a purchase agreement has been finalized with the owners of
the third 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:
Lot One (1) of One (1) of Seven (7) of Gillespie Subdivision, in the City of
Dubuque, County of Dubuque, Iowa
At the cost of one hundred eighty-seven thousand dollars ($187,000).
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 17th day of May, 2004.
Terrance M. Duggan, Mayor
Attest:
Jeanne F. Schneider, City Clerk