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HomeMy WebLinkAbout7.e. Fire Station Site Appraisal for Property CITY OF ROSEMOUNT EXECUTIVE SiTirIl�IARY FOR ACTION CITY COUNCIL MEETING DATE: MARCH 2, 1993 AGENDA ITEM: FIRE STATION SITE AGENDA SECTIONs APPRAISAL FOR PROPERTY NEW BUSINESS PREPARED BY: STEPHAN JILK, CITY ADMINISTRATOR AGENDA ��� � � � ATTACHD2ENTS: MAP APP VED Y: � _l:�ci ,�' In order to obtain an accurate cost figure for the purchase of the proposed fire station site property we wiTl need to have an appraisal of the property. The property that the City has chosen is owned by Richard and Tom Carroll . I have attached a map showing the property and have segmented the site intc� three ..pareels. The-design ot the new station is such that the City will only need to purchase 7 acres which is designated as Parcel #1, but I would -- like to have an appraisal�_ on the remaining parcels so that we _can determine on the effect t�at our purcha�ing Parcel #I will-_hav�,_ if any, on the remaining parcels. The fire station site is planned to eventually construct a street through t9_Dodd Boulevard but purchasing all c3€- Parcel #-�- ��d #2 is not necessary _.�to- complete the project to satisfaction now. That is, t1��- street is not - proposed to be built through to Dodd now. _ __ ___ Based on current sales information we have been able to plug a legitimate value to our "acquisition cost" for the referendurn, but we should start the process now so t�at we obtain-the appraised value. _ � RECOMMENDED ACTION: Motion to authorize the obtaining of appropriate appraisals on the proposed new fire station site property. 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