Loading...
HomeMy WebLinkAbout14. 12-50 FEBRUARY 14, 2012 12-50 RESOLUTION (CARRIED__7-0______LOST________LAID OVER________WITHDRAWN________) PURPOSE: APPROVAL OF LAND PURCHASE FROM LEE ENGLEMAN AT 915 SOUTH WASHBURN STREET IN THE AMOUNT OF TH $600,000.00 FOR THE 9 AVENUE-WASHBURN STREET AREA STORMWATER DETENTION BASIN PROJECT INITIATED BY: PUBLIC WORKS DEPARTMENT WHEREAS, on November 9, 2010, by Resolution No. 10-343, the Common Council approved a Relocation Order pursuant to Sections 62.22 and 32.05 of the Wisconsin Statutes declaring that it was in the public interest for the City of Oshkosh to acquire 915 South Washburn Street for stormwater detention in the Campbell Creek Drainage Basin; and WHEREAS, the parties have concluded negotiations that include these points of agreement: Purchase price $600,000.00  Real estate taxes shall be prorated through closing  NOW, THEREFORE BE IT RESOLVED by the Common Council of the City of Oshkosh that the proper City officials are authorized and directed to purchase 915 South Washburn Street as outlined above, and to execute all documents necessary for purpose of same. Money for this purpose is appropriated from: Acct. No. 561-2010-1799-00000 – Stormwater Utility - Construction Work in Progress CITY HALL 215 Church Avenue P.O.Box 1130 Oshkosh.Wisconsin 54903-1130 City of Oshkosh OfHKOlH TO: Honorable Mayor and Members of the Common Council FROM: David C. Patek, Director of Public Works DATE: February 9, 2012 RE: Approve Land Purchase at 915 South Washburn Street for the 9th Avenue/Washburn Street Area Storm Water Detention Basin BACKGROUND On November 9, 2010, the Common Council approved a relocation order relating to the purchase of property located in the SW quadrant of the 9th Avenue-Washburn Street intersection. This area is an undeveloped property that is currently owned by three different property owners. The City has officially mapped these properties for construction of a storm water detention basin. ANALYSIS Our right-of-way consultant has had discussions with one of the property owners. The property owner(Lee Engelman) has agreed to sell his property (3.77 acres) for$600,000. The following information pertains to this property acquisition: Initial Offer Owner Request Agreed Upon Price $430,000 $985,350 $600,000 FISCAL IMPACT Funding for this acquisition is included in the "Storm Sewer Section" of the Capital Improvement Program. RECOMMENDATION I recommend approval of the land purchase. Respectfully Submitted, Approved, C 11(2-174..k. David C. Patek Mark A. Rohloff Director of Public Works City Manager DCP/tIt H:ltracyt\Tracy's Files\Memos to Mayor 8,Common Counci112 0 1 111 2-01 Approve Land Purch-1508 S Koeller-Armory Area SW Det Basin_11-3-11.doc �1�