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264205 WH17E - CITY'CLERK 1 C PINK - FINANCE C01111C11 ����OJ BLUERY- MAVpRTMENT GITY OF SAINT PALTL File NO. ��� RETtJ�T COPY TO V TIfl1V ZTREAU • • C nc�l Resolution Presented By � Referred To Committee: Date Out of Committee By Date W�S, The City of St. Pau1, acting through its Valuation Engineer, has secured an agreement for the purchase of that certain property described. as follaws; The southeasterly 13 ft of Lots 11 and 12, Block 4, Ca:ty of St Pau1; Also, that part of lot 13, Block �+, City of S� Pa.ul lying southerly of a line extending fram the most easterly corner of said lot 13 to a point in the southwesterly line of sa.id Lot 13 dista.nt 13 ft northwester]�y from the most southerly corner of said lot 13, and there ter�inating. WI�S, The property described herein is necessary for the improvement of SIXTH STREET from Ma.nnesota Street to 180 feet east (North side), a.s approved by Administrative Order No. D-1158, dated March 13, 197�+, and the price at which the property may be purcha.sed is in the amount of ��+9,690.00, being a fair and reasonabl.e price accord.ing to the City V�lua:tion Ez�ineer; and WI�REAS, The City Valua.tion Engineer`�ha� recommended the purchase of said property at the price stated above; now, therefore, be it --W � REaOLVED, Tha.t the Council of the City of Saint Paul does hereby authorize the purchase of the above described land; and be it FURTI�t RESOLVED� That the proper City officials are hereby authorized and directed to pay Twin C�.ty Federa.l Savings and Loan Association, record fee �rner, the sum of $�+g,6go.OQ. Said sum to be p�id from PIR Fund Code 60000-7�+5- 000, to be rei.mbursed fram the Public Works Contingency Fund. The pa.yment to be made upon the City being furnished evidenee of good marketa.ble title in the aforesaid vendors, and the total payment to be made upon tender by said party of appropriate deeds conveying title to said property to the City of St. Pa.ul. COUIVCILMEI� Requested by Department of: Yeas ���5'Cn ' Hun F]IJAN APID MANAGEMENT SERVICES Ko patzki HozZa In Favor ine Levine D?RECTOR redith Roedler � Against BY p fka Sylvester ed co eSCo Mme, residen Butl�� President HuntSEP 1 Q i��,tj Form Approved by ity torney/ Adopted by Council: Date '� Certifie as ed Couneil Secretary BY Approv by Ma�or: te 4 Approv Su 'ssion to Council By BY pU6lISHED EP 14 1974 > J. M�ILLIAM DONOVAN ��fj_�j il•� Voluation Enyi�eer ROY E. BREDAHL, ��. C I T Y O F S A I N T PA U L 264205 As:•� vai�af�o� Engineer BUREAU OF VALUATIONS 2ae C�+� Hdi S�inf P�ul, MinnNO1� 6bI0Z To: Phil Lee From: J. William Donovan Date: August 16, 1974 Subject; SIXTH STR�T - Minnesota St. to 180 fee� east (North side) Pursuant to Administrative Order D-1158, dated N�rch 13, 197�+, and Final Order, C. F. 2638�+7, approved Ju1y 11, 1g''(�+, authorizing and directing this office to acquire property necessary for the subject improvement, I have secured. an agreement with Lauis Meyers, Senior Vice President of Twin City Federal Savings and Loan Association, for purchase of said property, as described on the atta.ched Couneil Resolution, for compensation in the amount of $49,690.00 which in �y opinion is a fair and reason�,ble price. I recommend approval of the authorization of the purchase of said property in lieu of condemnation at the said price of $49,6go.00, and submit here- with, for your approva.l and submission to the City C ' , a resolution authorizing said purchase. .-� T � c;' � l.: � / _._.. � 4: c�:�:C�.ttl Atta.ch. , - / ;` ' 'Tj � ��� [� -� - y