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HomeMy WebLinkAbout5.e. Jaycee Park Land Use PurchaseCITYOF ROSEMOUNT EXECUTIVE SUMMARY FOR ACTION CITY COUNCIL MEETING DATE: April 16, 1991 AGENDA ITEM: Jaycee Park LandUsePurchase AGENDA SECTION: Old Business PREPARED BY: Ron Wasmund AGENDA Public Works Director ti ,E ATTACHMENTS: Map APROVE =8 Attached is a map showing the 8.3 acres of land proposed to be purchased from the`Gergen family for a -completion of Jaycee Park. Dave Grannis and I have recently reached an agreement with Isadore and Clarice Gergen to purchase the 8.3 acres for $9,500 and acre. The total cost being $78,850. Gergens' will be responsible for and are paying the back green acre taxes and a prorated amount of taxes payable in 1991. Upon delivery of a check to them, they will deliver fee title to the City of Rosemount. Staff is asking for authorization to 'prepare and, make payment for acquisition of this land. $50,000 would be drawn out of park dedication funds and $28,850 would come out of the C.I.P.-Account #510 for this purchase. 4 -i 0 m •FTI �m a 11 0 ••/�? •••*..____ DANBURY AVENUE •• F g ��� s.•.*MORONS: ' ; no PARKWAY,,..