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89-236 \WHITE - C1TV CLERK PINK - FINANCE � COUACII �/J?y/^� CANARV - DEPARTMENT I, GITY OF SAINT PAUL File NO. �+ , ' � �� BI.UE - MAVOR �I Return copy to: Council I�esolution Valuations -- Room 218 a� (Stinson's) (PW) Presented By `` ��- � Referred To Committee: Date Out of Committee By Date WHEREAS the City of Saint Paul , acting through its Valuation En ineer, has secured an agreement for the purchase of that certain property described as follows : Wes 5 feet of Lot 17 and all of Lot 16 , Block 2 of Michel ' s Subdivision of Block 5 , Stinson ' s Div sion WHEREAS , � the purchase of the property herein described is necessary f�r the widening of Dale Street between Sherburne and Van Buren Av�nues . WHEREAS compensation to the property owner is in the amount of $82 , 339. t being a fair and reasonable price for the subject property ac ording to the appraisal obtained by the Valuation Engineer; an WHEREAS the Valuation Engineer has recommended the purchase of said prop rty at the price stated above; NOW THE EFORE BE IT RESOLVED, that the proper city officials are hereby authorized and directed to pay Ken Jonee , owner of record , the sum of $82 , 339• The conditions of said sale are contained i the Memorandum for Sale of Real Estate ; said memorandum is attached hereto and incorporated herein by reference. Said sum to be charged to Funding Source C88-2G003- 0788-25o1g . COUNCIL MEMBERS Requested by Department of: Yeas Nays Dimond Finance & Mana emen Se�vices i.o� In Favor Goswitz ���� � Against BY Ct ' Director a Sonnen ���°� �Eg 1 41989 Form Appr ed by ttorney Adopted by Council: Date t -,� Certified Yass b ouncil Sec ar BY By J's-�fJ1^ � ` " "«:'^;�' A ro d b Ma or for Sub is 'o to uncil A►ppro by iVlavor: Date � �B 3 � �`'`'`� PP y y � By ;�i:��ti�� - ���� o1M811+ArOR • o�,e wmn.m a.�rre oetrrta�ec- "•/—� � °�"—r�� Finazice '&-Management 8e ices ����� ���T NO. '�0 5 G 19 < oo►rr,►cr ra�sow Peter WE�f.te o��om�croR ��►va,roR� _ � ro NU1ABEfl F�i ? �a�aex�ri sew�es os�craA _�cm a.enc � , r�1, al & Assessments � � -5317 : A0�0 �a�" — � �: 1 cm�rro�r Approve acquisit n of prope�ty in con3unction with the wideniag of Dale `- Street between rburne and Van Buren Avenues. Attachments: � l�j `Resolution; - 2) �Memorandum-on Sale of Real Est�te; 3) Map. r�c�b�a►'�w�u:t�c�1 a�(p)) cou�c� �aonr: . . PLANlMM!OOIMAIBSION . CML E COMMI33tON . . � DATE Ni � DATE OUT � AWILYBT - � PFIONE IVO. . � - ZOMNO.GpMMI6610N.� . . 18D 07b. BOARD. . - . . . . . � � .: 3TAFF �. . � : . : .CFNRTER. N � -COMPLETE AS IS� . -ADDi N�N�7.ADDED* -- . ��CONT/�T� � '�� � . MrFO • DIBTRICf�00UNCIL . � . . _ x�,�: -- R���, auProwrs w�na+cou�cn.oe�cnvE� 1. .".,.,. i �n� �O f•t � OFFICE OF �EpART �F1E DIRECJ�A, . MEI1tT . - D IyqNqG��y NT Fl]V� N«nR�o w�os�.�.awe,o�oinuNrrr r�. w�,.wr�.wnr�: This pro�ect was n�t�ated by the Depart�et�t of Public Wc�rks d approved by the C.I.B•. .Proces . ± . ; ,NS�nnci►�ncxn lo�e�r..nar.��.a.�.�t: : ! - ' ; The property is n cessary right-of-wag' for the above mentioned w3dening. � 1 i ooMaaue�ces twnu,�.Ae To vw�,�: . The city's purcha e of this property will result in the transf r of title upon payn�ent of f st compensation for the property. � { � . ��w►rnres: _ Paos ca+s .. To be determined. . .. � � j Cat�►�c€; �ec��r h Center �+�,�,►�: Standard Uperatin Procedure. � �tB w �`'�' �u►��s: N/A at this ime. , . . , (,���-a�� Dep�rtment of Finance �t Management Services D�ivision of Aasessmenta and Valuationa Room 218 City Hall � MEMORANDUM ON SALE OF REAL ESTATE I — — — 1. Purpose of Sale of Real Estate to City of Saint Paul : I To allowlfor the proposed widening of Dale Street between Sherburnel and Van Buren Avenuea . 2. Locatior� of Real Estate : 602 North Dale Street 3• Legal Des�cription: West 5 feet of Lot 17 and ell of Lot 16 , Block 2 of Michel ' s Subdivision of Block 5 , Stinson' s Division 4• Name andlAddress of Seller: Ken Jones i 421 Univeraity Avenue West Saint Paul, MN 55103 5 . Recommen�ed Purchase Price: Real estate $40,000.00 Immovable fixtures $42 .339•00 TOTAL $82 , 339•00 I 6• Type of �eed Required: Warranty Deed 7. Seller t� furnish Abstract of Title. 8• Seller �rill give possession to City: Date yet to be determined . 9. Seller �to allow acceas to premises to City or its agents prior to date of posaesaion. City will notify owner when its agents w�ill enter. 10. Items tojbe removed 'and retained by seller: 11 . Taxe$ : �eller to pay pro rata 1g88 taaes payable 1989 based on Clos�.ng Date . 12 . Asseseme�ts : Seller to pay all assessments levied against said projperty: Assessment No . 2168 (balance due is $268.78 plus intjerest ) . 13 . Seller jto pay rent commencing one qear after the date of closing.l Seller to ezecute leaee agreement providing for same . 14 • Seller t�o deliver keys to Valuatioh Division, 'Room 218 City Hall - aourt House. 15 . Seller, to the best of his knowledge, is unaware of the egisten e of any underground atorage tank or of any contami ation of said property. ttote: Condit�ions listed above are not binding until approved by Saint IPaul City Courx.e� / ,: KEN JONES �%b ' VALUATION ENGINFER .� �......._.. �} U"` � c Date . � --- c7 � Date : Z (S � _ � -� YOUR SIGNATURE DOES NOT NEED TO BE NOTARIZED. (RealEs tate) i --' `�`� � `- I ` � .--_• '- -..."" - . . I , __'......-.._'---'- "' -'-- ""' ; • , . -----. . .. __ _ _ ._. _ _. ---------.�---.._.. 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