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HomeMy WebLinkAbout15. 13-137 MARCH 26, 2013 13-137 RESOLUTION (CARRIED__6-0__ LOST _______ LAID OVER _______ WITHDRAWN _______) PURPOSE: AUTHORIZE REVISED AWARD OF DAMAGES RELATED TO THE JURISDICTIONAL OFFER TO ACQUIRE LAND FOR THE NATIONAL GUARD ARMORY AREA STORM WATER DETENTION BASIN PROJECT INITIATED BY: DEPARTMENT OF PUBLIC WORKS WHEREAS, on November 23, 2010, by Resolution No. 10-364, 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 a portion of 1508 South Koeller Street for stormwater detention in the Campbell Creek Drainage Basin; and WHEREAS, the Common Council on November 8, 2011 by Resolution 11-495 approved the purchase of the land at 1508 South Koeller Street for a purchase price of $920,000.00; and WHEREAS, the Common Council on October 9, 2012 by Resolution 12-497 approved a Jurisdictional Offer for the property located at 1508 South Koeller Street in the amount of $920,000.00; and WHEREAS, the property owner has requested a revision of the award to $970,000.00 based upon an appraisal of the property. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the Award of Damages as established in Resolution 12-497 is hereby revised to $970,000.00. BE IT FURTHER RESOLVED that the proper City officials are further authorized and directed to sign any documents and take any and all other actions necessary to accomplish this purpose. BE IT FURTHER RESOLVED that the money for this purpose is hereby appropriated from: Acct No. 561-2010-1799-00000 Storm Water Utility – Construction Work in Progress OfH KO/H ON THE WATER MEMORANDUM TO: Honorable Mayor and Members of the Common Council FROM: David C. Patek, Director of Public Works �ci? DATE: March 21, 2013 RE: Authorize Revised Award of Damages Related to the Jurisdictional Offer to Acquire Land for the National Guard Armory Area Storm Water Detention Basin Project BACKGROUND On November 23, 2010, the Common Council approved a relocation order relating to the purchase of property located immediately east of the new Best Buy Store. This area is a portion of the former Menard's Store Complex. The City has officially mapped this property for construction of a storm water detention basin. It has been determined that 8.34 acres (from a total parcel area of approximately 18.58 acres) is required for this storm water management facility. ANALYSIS The Common Council originally approved the acquisition of this property in November of 2011 per Resolution No. 11-495. Because the property owner was not able to complete the transaction for the approved price, the Common Council also authorized a jurisdictional offer in October of 2012 in the amount of $920,000. The property owner has requested a revision to the award to match his appraisal, which established a value for the property as $970,000. This revision will increase the City's settlement by approximately 5.4%. Our acquisition consultant recommends approval of the revision as fair compensation for this land acquisition. The following information pertains to this property: Property Owner Initial Offer Revised Offer Owner Request Portion of 1508 South 2323 East Capitol LLC $910,000 $920,000 $970,000 Koeller Street FISCAL IMPACT Funding for this acquisition is included in the"Storm Sewer Section" of the Capital Improvement Program. RECOMMENDATIONS I recommend approval of the revised award of damages. Approved: Mark A. Rohloff City Manager DCP/tlt I:1Engineering\Tracy Taylor\Memos to Mayor&Common Council12 0 1 311 3-0 2 Rev Juris Offer-1508 S Koeller_10-4-12.docx