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1l. Klein Property Condemnation Settlement.. CAMPBELL, KNUTSON, SCO TT & FUCHS, P.A Mar 20,96 14 :53 No.007 P.02/03 CAMPBELL, KNUTSON) SCO & FU CHS, P.A. ' Attorneys ar Law Thonm J. (°: ' Rogct N. Knut Ti om;is M. fic.ott (;ary G. Fuchs )atnc, R. Walsh))) ' Elliott R. Knct -cdi ' Mr. Don Ashworth City Manager City of Chanhassen 690 Coulter Drive ' Box 147 Chanhassen, IVIN 55 317 (612) 452 -5000 Fax (6) 2) 452.5550 March 20, 1996 Andrei, McDowell T'„t Mer M attltiw K. Brokl John 1', Kelly Morguerite M. Mc.(,arrVi George T. Stcr , C o v�\ Y-o veA, o a e , r I Re: Lyman Boulevard /Lake Riley Utilities Project r J L Dear Don: As you will recall, in conjunction with the Lyman Boulevard realignment and the Lake Kiley utilities project it has been necessary to acquire easements over numerous parcels along Highway 101 and along Lyman Boulevard, One of those parcels is owned by Willis and Anita Klein. The Klein property is located on the east side of Highway 101 directly opposite Lake Susan. For purposes of this project, it is necessary to only acquire an easement over the front portion of the Klein property. However, it now appears clear that the Highway 101 realignment project will occur within the next few years and will require total acquisition of the remainder of the Klein property. If we acquire an easement now, because of the size of the easement the City will pay severance damages for the diminution in value to the remainder. Then, in a year or two or three, we will again pay damages when we acquire the remainder of the property. In effect, we would be paying twice for the same parcel. To compound the situation, Mr. and Mrs. Klein are elderly, have resided in Chanhassen their entire lives and are now in need of more full -time care. As a result of a combination of the probability, if not certainty, of the total acquisition of their property and their need to move, I have had several meetings with the Kleins and their children regarding total acquisition of the property now. In conjunction with that concept, we obtained an appraisal of the entire parcel. our appraiser appraised the value of the property at $95,000.00 for a total acquisition. I have entered into negotiations with the Klein family to determine whether total acquisition is possible and, if so, under what terms. �„ ;,,. 17 . I« a�4 :.,rub :�lf� (�f{ic c C :enrcr • 13�i0 C :orl�(�r ttc. Cent <r' t :�trvc Fagan, h1N 55121 CAMPBELL, KNUTSON, SCOTT & FUCHS, P.A Mar 20 , 96 14:54 No . 00 7 P.03/03 I Mr. Don Ashworth March 20, 1996 Page 2 Following negotiations with Mr. and Mrs. Klein and their children, it has been determined that the Klein family would be willing to sell the property for a total of $107,000.00. 1 believe it in the best interest for the City to acquire tile for that amount. I believe it is a reasonable price 1. We are acquiring the entire parcel and not just an easenien.t and will not have to pay severance damages and then later pay for the same property again when we acquire the remainder. 2. The $107,000.00 price includes all relocation costs and any other costs that may be associated with this acquisition. If we were to acquire the property at a subsequent time, the City would be liable for relocation costs which could be well in excess of the additional $12,000.00 that is being paid to the Klein family now. 3. If we go through condemnation for either the easement or the total acquisition, in all likelihood condemnation conunissioners will award an amount higher than our appraisal anyway. 4. No further costs need to be incurred by the City in this proceeding nor in any subsequent proceeding for acquisition of tine Necessary easements. I request that the matter be placed before the City Council for their review. If the proposed acquisition is approved by the City, I will proceed to prepare the Purchase Agreement and the appropriate documents for acquisition. If you or any member of the Council wishes to review the matter further or has any questions, please feel free to call me. Very truly yours, CAMPBELL, KNUTSON, SCOTT &I fl GGF:cjh Enclosure