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MARCH 14, 2006
06-94
RESOLUTION
(CARRIED 5-1
LOST
LAID OVER
WITHDRAWN
PURPOSE:
DETERMINATION OF NECESSITY; ESTABLISH FAIR MARKET
VALUE; AUTHORIZE PURCHASE - PORTION OF CANADIAN
NATIONAL RAILROAD PROPERTY / BETWEEN E. 14TH
AVENUE AND E. 15TH AVENUE
INITIATED BY:
CITY ADMINISTRATION
PLAN COMMISSION RECOMMENDATION: Approved
WHEREAS, it is in the best interests of the citizens of the City of Oshkosh to
acquire property to implement the previously approved Fox River Corridor Riverwalk
Plan; and
WHEREAS, the property and interest to be acquired includes land and buildings,
if any, exclusive of equipment and fixtures both movable and immovable, per the
attached map.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
Oshkosh that the Common Council certifies that in order for said purpose to be
accomplished, it is necessary for the City to acquire the property as illustrated on the
attached map. It is further determined by the Common Council that acquisition of said
property is hereby determined necessary pursuant to the provisions of Sections 32.05,
32.06, 32.07 and 66.1331 of Wisconsin Statutes.
BE IT FURTHER RESOLVED that the fair market value for the property to be
acquired, as illustrated on the attached map, is hereby established at $4.00 per square
foot, with said square footage to be determined based on completion of a survey map
prior to closing. In no case shall the total purchase price be less than ONE HUNDRED
THOUSAND DOLLARS AND NO/100 ($100,000.00).
BE IT FURTHER RESOLVED that the proper City officials are authorized and
directed to purchase said property and execute all documents necessary to
consummate this transaction. Money for this purpose is appropriated from Account No.
534-1040-7208-00000 TIF South Side of the Fox.
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03:.02-2006
Scale: 1" = 100'
Source' C"ty
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