Purchase of 2300_2302 Washington_HannanTHE CITY OF ~ Dubuque
DUB
E
Masterpiece on the Mississippi
2007
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Purchase of Property at 2300-2302 Washington Street
DATE: December 10, 2007
Housing and Community Development Department Director David Harris recommends
City Council approval to purchase a residential rental dwelling for $72,000 located at
2300-2302 Washington Street owned by Carol A. Hannan. This purchase is part of the
acquisition program associated with the Bee Branch Creek Restoration Project.
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 CITY OF Dubuque
Du
B E
Masterpiece on the Mississippi
2007
TO: Micha an Milligen, City Manager
FROM: David ~i
s, Housing and Community Development
SUBJECT: Purchase of Property at 2300-2302 Washington Street
DATE: 03 December 2007
Introduction
The purpose of this memorandum is to request the City Council's approval to purchase
a residential rental dwelling located at 2300-2302 Washington 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 $2,615,668 for acquisitions.
Discussion
The thirty-first home located in the Bee Branch Realignment and scheduled for
purchase is owned by Carol A. Hannan. An independent appraisal has established
market value at $72,000. Carol A. Hannan has accepted an offer for purchase in this
amount by signing the purchase agreement 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 2300-2302 Washington Street in the City of
Dubuque, Iowa.
RESOLUTION NO. 588 -07
A RESOLUTION APPROVING THE ACQUISITION OF REAL EStATE
LOCATED AT 2300-2302 WASHINGTON 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 Mas#er
Plan;" and
WHEREAS, a purchase agreement has been finalized with the owner of
the thirty-first 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 1 of the Subdivision of the Middle 60 feet of Lot 104 in L.H.
Langworthy's Addition to the City of Dubuque, Iowa, according to the
recorded Plat thereof,
At the cost of Seventy-two thousand dollars ($72,000).
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 December, 2007.
Roy D. Boul, Mayor
Attest:
Jeanne Schneider, CMC, City Clerk