Bee Branch Creek Restoration Project_Purchase of East Dubuque AdditionMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Bee Branch Creek Restoration Project, Purchase of W 1/2 and E 1/2 Lot
351 East Dubuque Addition
DATE: April 26, 2011
City Engineer Gus Psihoyos recommends that the City Council establish the fair market
value of the W'A and E' /2 Lot 351 East Dubuque Addition for the appraised value of
$66,950, and authorize the City Manager to commence negotiations to acquire the
property for the Bee Branch Creek Restoration Project. This property is at the
northwest corner of East 15 Street and Cedar Street.
I concur with the recommendation and respectfully request Mayor and City Council
approval.
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Gus Psihoyos, City Engineer
Micl ael C. Van Milligen
Dubuque
bitil
All- America City
1 I I I, '
2007
Masterpiece on the Mississippi
TO: Michael C. Van Milligen, City Manage l
FROM: Gus Psihoyos, City Engineer _
SUBJECT: Bee Branch Creek Restoration Project, Purchase of W '/2 and E 1 /2 Lot 351
East Dubuque Addition
DATE: April 26, 2011
INTRODUCTION
The purpose of this memo is to establish the fair market value of the W 1 /2 and E 1 /2 Lot 351
East Dubuque Addition and seek authorization for the City Manager to begin negotiations
to acquire the property required for the Bee Branch Creek Restoration Project.
BACKGROUND
In December of 2010, the City Council authorized the City manager to begin the process of
acquiring the W 1 /2 and E % Lot 351 East Dubuque Addition for the Lower Bee Branch
Creek Restoration Project.
DISCUSSION
The City commissioned an appraisal of the property at the W 1 /2 and E 1 /2 Lot 351 East
Dubuque Addition in Dubuque, Iowa. The property owned by Junnie & Rich's Coin was
appraised at $66,950.00.
RECOMMENDATION
ACTION TO BE TAKEN
Prepared by Deron Muehring, Civil Engineer II
cc: Barry Lindahl, City Attorney
Dubuque
AU- America Cily
2007
I recommend that the City establish the fair market value of the W 1 /2 and E 1 /2 Lot 351 East
Dubuque Addition at the appraised value and that the City Manager begin negotiations
with the property owner.
I respectfully request that the City Council adopt the attached resolution establishing the
fair market value of the W 1/2 and E 1 /2 Lot 351 East Dubuque Addition and authorizing the
City Manager to commence negotiations to acquire the property.
RESOLUTION NO. 148 -11
ESTABLISHING THE FAIR MARKET VALUE OF CERTAIN REAL PROPERTY
OWNED BY JUNNIE AND RICH'S COIN IN THE CITY OF DUBUQUE, IOWA
Whereas, the City of Dubuque (City) intends to acquire certain real property
owned by Junnie and Rich's Coin (Owner), legally described as follows (the Property):
W'h of Lot 351 and the E 1 /2 of Lot 351 in East Dubuque Addition, all in the City
of Dubuque, Dubuque County, Iowa
as shown on Exhibit A attached hereto for the purpose of the stormwater conveyance
associated with the restoration of the Bee Branch Creek; and
Whereas, Iowa law requires that City must make a good faith effort to negotiate
with the Owner to purchase the Property before proceeding with condemnation; and
Whereas, City has caused an appraisal of the property to be made and the
appraised value of the property is $66,950.00; 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:
1. The fair market value of the Property is hereby established to be $66,950.00.
2. The City Manager is hereby authorized to commence negotiations with the
Owner 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 2nd day of May , 2011
Attest:
Kevin S. Firnsta
, Acting City Clerk
Roy D. Buol, Mayor
Exhibit A
Bee Branch Creek Restoration Project Property Acquisition
Legal Description: W % of Lot 351 and E % Lot 351 East Dubuque Addition