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2227 Elm Street purchaseTHE CITY OF Dus E MEMORANDUM ~°'"~,~- December 21, 2006 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Purchase of Property at 2227 Elm Street Housing and Community Development Department Director David Harris recommends City Council approval to purchase a residential dwelling for $75,800 located at 2227 Elm Street owned by Nicholas L. Schwartz. 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. Michael 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 CITV OF Dus E MEMORANDUM ~""`~.~- 20 December 2006 To: Micha,~~I an Milligen, City Manager From: David arris, Housing and Community Development Department Re: Purchase of Property at 2227 Elm Street Introduction The purpose of this memorandum is to request the City Council's approval to purchase a residential dwelling located at 2227 Elm Street, 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 $2,271,772 for acquisitions. Discussion The tenth home located in the Bee Branch Realignment and scheduled for purchase is owned by Nicholas L. Schwartz. An independent appraisal has established market value at $75,800. Nicholas L. Schwartz has 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 2227 Elm Street in the City of Dubuque, Iowa. We expect to have this property either moved or deconstructed by the end of March. RESOLUTION NO. -07 A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE LOCATED AT 2227 ELM STREET, 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 HDR "Drainage Basin Master Plan;" and WHEREAS, a purchase agreement has been finalized with the owner of the tenth 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 2 of the South one-half of Lot 1 of Lot 3 of Lot 102 in L.H. Langworthy's Addition, in the City of Dubuque, Iowa, subject to easements of record, according to the Plat thereof in Book of Plats #30, page 388, records of Dubuque County, Iowa. At the cost of Seventy-five thousand eight hundred dollars ($75,800) 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 3rd day of January, 2007 Roy D. Buol, Mayor Attest:Jeanne Schneider, CMC, City Clerk RESOLUTION NO. 3 -07 A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE LOCATED AT 2227 ELM STREET, 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 HDR "Drainage Basin Master Plan;" and WHEREAS, a purchase agreement has been finalized with the owner of the tenth 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 2 of the South one-half of Lot 1 of Lot 3 of Lot 102 in L.H. Langworthy's Addition, in the City of Dubuque, Iowa, subject to easements of record, according to the Plat thereof in Book of Plats #30, page 388, records of Dubuque County, Iowa. At the cost of Seventy-five thousand eight hundred dollars ($75,800). 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 3rd day of January, 2007. Roy D Buol, Mayor Attest:Jeanne Schneider, CMC, City Clerk