Purchase of 2006 Kniest StreetTHE CITY OF ~.
DUB UE
Mczsferpiece on the Mississippi
MEMORANDUM
July 31, 2007
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Purchase of Property at 2006 Kniest Street
Housing and Community Development Department Director David Harris is
recommending acquisition of 2006 Kniest Street for the price of $64,000 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.
Mic ael 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
DuB E MEMORANDUM
~.~-~
17 July 2007
To: Micha;~l`~an Milligen, City Manager
From: David Harris, Housing and Community Development Department
Re: Purchase of Property at 2006 Kniest Street
Introduction
The purpose of this memorandum is to request the City Council's approval to purchase
a residential dwelling located at 2006 Kniest 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 eighteenth home located in the Bee Branch Realignment and scheduled for
purchase is owned by Harry J. and Sandra M. Beversdorf. An independent appraisal
has established market value at $64,000. Harry J. and Sandra M. Beversdorf 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 2006 Kniest Street in the City of Dubuque,
Iowa.
RESOLUTION NO. 404-07
A RESOLUTION APPROVING THE ACQUISITION OF REAL ESTATE
LOCATED AT 2006 KNIEST 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 eighteenth 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:
The northerly one-third of Lot 5 of L. Kniest's Subdivision of part of Mineral
Lot 314, in the City of Dubuque, Iowa,
At the cost of Sixty four thousand dollars ($64,000).
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 6th day of August, 2007.
Roy D. ol, Mayor
Attest:
Jeanne Schneider, CMC, City Clerk