Bee Branch Creek Restoration Project_Purchase of Maple Street, G&S Real EstateMasterpiece on the Mississippi
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Property Purchase for the Bee Branch Restoration Project
(CI #7201654)
DATE: July 12, 2011
City Engineer Gus Psihoyos recommends City Council approval to purchase property
owned by G &S Real Estate, legally described as Lot 288 East Dubuque Addition No. 2,
for the appraised value of $66,950. This purchase is 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.
MCVM:jh
Attachment
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Gus Psihoyos, City Engineer
Michael C. Van Milligen
Dubuque
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Ad- AmedcaCity
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2007
Masterpiece on the Mississippi
TO: Michael Van Milligen, City Manager
FROM: Gus Psihoyos, City Engineer
SUBJECT: Property Purchase for the Bee Branch Restoration Project
(CIP #7201654)
DATE: July 11, 2011
INTRODUCTION
BACKGROUND
DISCUSSION
RECOMMENDATION
BUDGET IMPACT
Dubuque
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AI-America City
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2007
The purpose of this memorandum is to request City Council approval to purchase a
property for the Lower Bee Branch Project owned by G &S Real Estate and legally
described as Lot 288 East Dubuque Addition No. 2.
On December 20, 2010 the City Council authorized the City Manager to begin the
process of acquiring the property legally described as Lot 288 East Dubuque Addition
No. 2 for the Lower Bee Branch Creek Restoration Project. See attached Exhibit A for
location of property.
The owners of the property have signed a purchase agreement for the appraised value
of $66,950.00. I recommend purchasing the property for the appraised value of
$66,950.00.
I recommend that the City purchase the property legally described as Lot 288 East
Dubuque Addition No. 2 for the appraised value of $66,950.00.
The purchase will be funded from the FY2009 appropriation of $3,902,395 for property
acquisitions for the Bee Branch Creek Restoration Project (CIP 7201654).
ACTION TO BE TAKEN
I respectfully request adoption of the attached resolution authorizing the purchase of the
property legally described as Lot 288 East Dubuque Addition No. 2 for the Lower Bee
Branch Creek Restoration Project.
Prepared by Deron Muehring, Civil Engineer II
cc: Jenny Larson, Budget Director
Attach.
RESOLUTION NO, 235 -11
A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE OWNED
BY G &S REAL ESTATE 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 "Drainage Basin Master Plan;"
and
Whereas, a purchase agreement has been finalized with the owner of the
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 288 East Dubuque Addition No. 2 in the City of Dubuque, Dubuque
County, Iowa
At the cost of Sixty -Nine Thousand Nine Hundred Fifty Dollars ($69,950.00).
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 is hereby authorized and directed
to cause said Warranty 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 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 1st relay of J u f _ , 2011.
Ke n S. Fi nstahl, Ac ng City Clerk
Roy D. Buol, Mayor
Exhibit A
Bee Branch Creek Restoration Project Property Acquisition
Legal Description: Lot 288 East Dubuque Addition No. 2