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HomeMy WebLinkAbout07-151 May 22,2007 07 -151 RESOLUTION (CARRIED 7 -0 LOST LAID OVER WITHDRAWN PURPOSE: ESTABLISH FAIR MARKET VALUE; AUTHORIZE PURCHASE! 419 EAST NEW YORK AVENUE ($20,000.00) INITIATED BY: DEPARTMENT OF PUBLIC WORKS WHEREAS, the Common Council has previously determined the necessity of acquiring property for a stormwater detention basin to alleviate flooding problems in the Grand SUE. New York Avenue! Broad Street! Baldwin Avenue area; and WHEREAS, appraisals have been made on the property to be acquired, which is described below: 419 E. New York Avenue, Estate of Walter M. Diener, owner Lot 2, Fullers Addition, 10th Ward, City of Oshkosh, Winnebago County, Wisconsin. (tax #10-0854-0000) WHEREAS, the property and interest to be acquired includes land and buildings, if any, exclusive of equipment and fixtures both movable and immovable. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the Common Council certifies the appraisals have been performed in a competent manner according to applicable State and Federal laws, policies and requirements. BE IT FURTHER RESOLVED that the fair market value for the property located at 419 E. New York Avenue, Lot 1 is hereby established at TWENTY THOUSAND AND NO!100 DOLLARS ($20,000.00). BE IT FURTHER RESOLVED that the proper City officials are hereby authorized and directed to acquire said property and to execute all documents necessary to consummate this transaction. Money for this purpose is appropriated from: Account No. 561-2010-1702-00000 -- Storm Water Utility Land