265069 WH17E - CITY CLERK COl1I1C11 �`�����
PINK - FINANCE
BLUERY-. MqypRTMENT GITY OF SAINT PAZTL File NO. ����v ��
RE"I'URN COPY TO VALUATION BIkiF'AU ncil Resolution
�_ !
Presented By
Referred To Committee: Date
Out of Committee By Date
WI�RF.AS, The City of St. Paut, acting thrau�h its Ya1.ua.tion En�ineer,
ha.s secured an agreement for the purchase of that certain property described
as follahrs:
Lots 3�+, 35, & 36, Block 4, I�yd.en Heights
WI�RF•AS� The property desqcibed herein is neeessary fa� the I�ayde�
Heights Libraxy Site acqu3.sition as approved by Administrative Order No.
D-1129 and Final Order, C. F. 2635�+5, approved. May 22, 197�+, and th� price
at which the praperty m�y be purchased is at the amount of $�+0�300� being a
i'�ir and ree�sonable price according to the appra,isal obtained by the City
Valuation Engineer; and
WI�RF.�1S, The City Valuation Engineer has rec�nended the purchase of
said property at the price stated. above; naFr� therefore, be it
RESOLVED, Tha.t the Council of the City of St. PauZ does hereby authorize
the purcY�se of the above described l.and, and be it
FURTF�t RESOLVED, That the groper City officials axe hereby authorized
and directed to pay to Frances M. Sehuldt� record fee a�wner, the swn of
$40�300. Sa.id �um to be paid from PIR F�.ind Code 60000-501-�0 (L-7652)� to
be reimbursed f'rom C� F'und 93�73-�64-052• The payment to be made upon the
City being flarnished evidence of good. marketable title in the aforesaid
vend�s� and the total pQyment to b� mad,e upon ternler by said parties of
appropriate deeds conveyin� title to said prvperty to the City of St. Paul.
Appro s to funding
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Direct , �partme of Finance
and Management Services
COUNCI C�� Requested by Department of:
Yeas
� Fir�nce I� e�nt Services �
no atziyj�y�p [n Favor
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Me ith� _� Against BY ireCtor
S a C_
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•R,d��, Form Approved y Ci Atto ey
Adopted by unci : a e /
Certified P Council Secretary BY (
By
App by Maxor: Date Approved Mayor Submis ion ouncil
B BY
FUBUSHE� MAR 8 .i
J. WILLIAM DONOVAN ��'t'sw��.7��,1`�-53]-'T
Valuation Engineer
�OY, E. BREDAHL, Jr. C I T Y O F S A I N T PA U L
As's't Valuation Engineer BUREAU OF VALUATIONS '
286 Cify Hall
Saint Paul, Minn�sota 55102
To: Roger A. l�ttson
Jerome J. Segal
Phil Lee
Fram: J. William Donavan
Date: February 5, 1975
Sub�ect: I�.yden Heights I,ibrary Site
Pursuant to Final Ord.er, C. F. 2635�+5, aPProved l�y 22, 197�, authorizing
and directing this office to acquire property necessary For the sub3ect
pro�ect, I have sec�ed an asgreem�nt with Frances M. Schuldt, vwner of
the property described on the attached resolution. The price at which
said property may be purchased is at the amount of $40,344, which in �r
opinion is a fair and reasonable price.
I reca�end. approval of the authori2ation of the purchase of' said property�
in lieu of coademnation, at the price of $40,300, and submit here�wi.th a
resolution authorizing said purchase. Plea,se approve said resolution arxl.
foa�ward it for appropri.ate action.
Tha.nk you for yaur coopera.tion in this matter.
,
JWD:PW:dm
Attach.