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HomeMy WebLinkAbout12-260 DECEMBER 18, 2012 12-620 RESOLUTION (CARRIED___6-0_____LOST________LAID OVER________WITHDRAWN________) PURPOSE: APPROVE LAND PURCHASE AT 2440 JACKSON STREET FOR THE LIBBEY / NICOLET AREA WATERSHED STORMWATER DETENTION BASIN PROJECT ($290,100.00) INITIATED BY: PUBLIC WORKS DEPARTMENT WHEREAS, on April 10, 2012, by Resolution No. 12-155, the Common Council previously 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 land at 2440 Jackson Street for storm water detention in the Libbey/Nicolet Drainage Basin; and WHEREAS, the parties have reached agreement upon the purchase price for these property interests. 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 a portion of 2440 Jackson Street as outlined below, and to execute all documents necessary for purpose of same. Fee Acquisition $290,100.00 Money for this purpose is appropriated from: Acct. No. 561-2010-1799-00000 Storm Water Utility Construction Work in Progress 11- 1) 01-<OJH ON 1HE WATER MEMORANDUM TO: Honorable Mayor and Members of the Common Council FROM: David C. Patek, Director of Public Works DATE: December 12, 2012 RE: Approve Land Purchase at 2440 Jackson Street for Libbey/Nicolet Area Watershed Storm Water Detention Basin Project ($290,100) BACKGROUND The Libbey Avenue and Nicolet Avenue Storm Water Management plan was approved by the Common Council on October 25, 2011 and a Relocation Order/Determination of Necessity to Acquire Properties was approved on April 10, 2012 per Resolution 12-155. Included in the recommendations was the creation of a flood relief channel and storm water detention on this property. ANALYSIS Our right-of-way consultant has had discussions with the property owner. The property owner has agreed to sell their property for $290,100. The following information pertains to this property acquisition: City Appraisal Value Agreed Upon Price Fee Acquisition $273,835 $290,100 FISCAL IMPACT Funding for these acquisitions is included in the "Storm Sewer Section" of the Capital Improvement Program. RECOMMENDATION I recommend approval of the land purchase. Approved, 21-4114- Mark A. Rohloff City Manager DCP/tlt C\Users\jackiec\AppData\LocallMicrosoft\Windows\Temporary Internet Files\OLK2C60\Approve Land Purch-2440 Jackson St-Libbey Nicolet_12-12-12.docx