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APRIL 24, 2007
07 -123
RESOLUTION
(CARRIED 7 -0
LOST
LAID OVER
WITHDRAWN
PURPOSE:
ESTABLISH FAIR MARKET VALUE; AUTHORIZE PURCHASE!
422 BALDWIN AVENUE, 423 EAST NEW YORK AVENUE
($210,000.00)
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 St./East New York Avenue! Broad Street! Baldwin Avenue area; and
WHEREAS, appraisals have been made on the property to be acquired, which is
described below:
422 Baldwin Avenue, Justin & April Fahser, owners
Lots 6 & 7, excluding the W 150 ft.; also all of Lots 11 & 12, all in Fullers
Addition, 10th Ward, City of Oshkosh, Winnebago County, Wisconsin. (tax
#10-0863-0000)
And
423 East New York Avenue, Jeffrey and Jessica Machmueller, owners
Lot 1, Fullers Addition, 10th Ward, City of Oshkosh, Winnebago County,
Wisconsin. (tax #10-0853-0000)
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
422 Baldwin Avenue is hereby established at ONE HUNDRED TWENTY-FOUR
THOUSAND AND NO!100 DOLLARS ($124,000.00).
BE IT FURTHER RESOLVED that the fair market value for the property located at
423 E. New York Avenue, Lot 1 is hereby established at EIGHTY-SIX THOUSAND AND
NO/100 DOLLARS ($86,000.00).
APRIL 24, 2007
07 -123
RESOLUTION
CONT'D
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