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HomeMy WebLinkAbout7.e. Fire Station Property . � , CITY OF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: DECEMBER 5, 1995 AGENDA ITEM: FIRE STATION PROPERTY AGENDA SECTION: OLD BUSINESS PREPARED BY: THOMAS D. BURT, AGENDA NO. CITY ADNIINISTRATOR � � , ATTACHMENTS: APPRAISAL APPROVED BY: Attached is an appraisal for the proposed fire station site located on the corner of Shannon Parkway and Dodd Boulevard. The appraised value for the site is $172,620. Wensmanns' have agreed to sell the land for$189,424, If the City were to consider condemnation our expenses would far exceed the difference from the appraisal and the asking price. There is a$16,804 difference which staff is suggesting to split adding $8,402 to the appraised value and recommending the purchase price of$181,022. Mr. Wensmann has indicated he would agree to this price if executed before 7anuary l, 1996. RECOMMENDED ACTION: MOTION to purchase Outlot B, 2.9 acres, from the Wensmann 9th Addition development for new fire station in the amount of$181,022. 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