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1j. Resolution Authorizing Advanced Right-of-Way Acquisition Laon Fund (RALF) Application Submittal-Holasek Propertya CITY OF �= CHANHASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 Atkn try:` TO: Don Ashworth, City Manager FROM: Bob Generous, Planner 11 DATE: November 1, 1994, Update November 17, 1994 Eric � :�.,.._. � ✓_ . ±, - _ -`-' -� off."!:.. ..� �_._.J.�.... .. .. __.. ' SUBJ: Resolution Authorizing Advanced Right -of -Way (RALF) Application Submittal, Holasek Property 1 [I Acquisition Loan Fund The Metropolitan Council has established a revolving loan fund to assist local governments in purchasing right -of -ways within the state trunk highway system in advance of the actual construction of these highways. These loans bear no interest and are repaid at the time that the state highway department purchases the property from the local government. The repurchase price is the same price established at the time of the purchase of the property by the local government. The approval of the resolution merely permits staff to initiate the process for applying for a RALF loan. After applying, the Metropolitan Council gives preliminary approval for the use of the RALF program. If preliminary approval is granted, the application is forwarded to the Minnesota Department of Transportation for review. After receiving preliminary approval, the City must obtain and submit to the Minnesota Department of Transportation an appraisal of the property for certification. After certification of the appraisal, the City may initiate negotiations for the purchase of the property with the property owner. The City then makes final application for the loan. The Metropolitan Council has to give final approval to use the loan for the purchase of the right -of -way. The City of Chanhassen will have to front some funds as part of the process including appraisal costs ranging from $5,000 to $10,000, title search costs, tax payments, etc. However, these monies are then recoverable as part of the loan amount that is eventually repaid when the state purchases the property from the City. The property included for acquisition as part of this resolution is located on the south side of Lyman Boulevard west of Great Plains Boulevard. The total area to be acquired consists of approximately 61 acres of which about three- quarters is developable and one - quarter is wetland. The property includes the actual right -of -way for Highway 212 (consisting of MEMORANDUM Don Ashworth November 1, 1994 ' Update November 17, 1994 RALF - Holasek Property Page 2 approximately 40.4 acres) and the remainder of the property east of the highway that staff believes will be severed by the highway and thus lose its economic value (consisting of ' approximately 6 acres of upland and 14.6 acres of wetland). The Parks and Recreation Commission is in the process of updating the Parks and Open Space section of the comprehensive plan and they are proposing that this additional property be designated as ' parks and open space in the City's Land Use Plan. The estimated loan amount is about $730,000 including land purchase and administrative costs. We believe that this request can serve two purposes. The first is the protection of the Highway 212 right -of -way, minimizing the cost appreciation of the land, and at the same time responding to the financial problems the corridor designation has created for a land owner. ' The second is reserving a unique natural resource for future use by the City. The City of Chaska has quite successfully used RALF funds to purchase large portions of the ' Highway 212 corridor in their jurisdiction, even though that segment of Highway 212 is planned for after the section in Chanhassen. In this same vein, staff anticipates that this property will be one of the first of many that the City attempts to purchase with RALF funds. The City is pursuing the purchase of the Frank Fox property immediately south of this property for acquisition under the RALF program. A third appraisal of the Fox property is ' being performed pursuant to MNDOT's direction. A third property, located between Rice Marsh Lake and Lake Riley is being negotiated for purchase. ' UPDATE City Council tabled this item at the November 14, 1994 Council meeting to receive additional clarification from staff regarding the possible purchase of this property through the RALF process. ' Q: Is this property inside the Metropolitan Urban Services Area (MUSA) line? A: This property is located outside of the MUSA line. Q: Are we agreeing to purchase the property for $30,000 per acre? ' A: No. When a property owner requests that the City initiate the acquisition of their property through the RALF program, the city requests that the applicant provide an estimated ' purchase amount ($30,000 per acre). Staff evaluates the estimated purchase price and then prepares a cover memo with our estimate of what the actual loan amount will be including the purchase amount ($15,000 per acre for upland and $1,500 per acre for wetland) and P, Don Ashworth November 1, 1994 Update November 17, 1994 RALF - Holasek Property Page 3 administrative costs. However, neither of these amounts are binding. As part of the process, the City will be required to have two appraisals performed on the property. MNDOT will then certify one or both of the appraisal amounts as the purchase price for the property. Once the City has a certified purchase amount, we may then negotiate with the property owner for the actual purchase of the property. If the negotiated purchase amount is the certified appraisal amount, then we proceed to the preparation of the final loan agreement. If the negotiated purchase amount exceeds the certified appraisal amount, then we would have to go back to MNDOT for a settlement agreement on the negotiated purchase amount. In any case, City Council must approve any negotiated purchase amount. The authorization provided in this resolution is for staff to initiate the RALF process for this property. The resolution does not establish a purchase amount, nor does it require the City to purchase this property. Rather, it begins the process. RECOMMENDATION Staff recommends that the City Council approve the attached resolution authorizing staff to initiate a RALF application and to enter into negotiations with the landowner for the acquisition of property within the Highway 212 corridor. Attachments: 1. Resolution 2. Letter from Delores B. Holasek dated 10/6/94 3. Location Map 4. Parcel Map c: Delores B. Holasek Michael L. Meyer f r i I Date I Motion By CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA -me 40 • Resolution Seconded By RESOLUTION AUTHOR12ING LOAN APPLICATION AND NEGOTIATIONS TO PURCHASE PROPERTY FOR THE RIGHT -OF -NAY FOR HIGHWAY 212 WHEREAS, Highway 212 has been designated by the Metropolitan Council as part of the Metropolitan Highway System Plan; WHEREAS, the City Council has officially mapped the right -of- way for Highway 212; and WHEREAS, if the City does not acquire the right -of -way at this time the property will increase in value before highway construction and advance acquisition is also necessary to avert the imminent conversion of the property which would jeopardize its availability for highway construction. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chanhassen: 1. City staff is authorized and directed to submit a loan application to the Metropolitan Council to fund the right -of -way acquisition for Highway 212. 2. City staff and the City Attorney are directed to enter into negotiations with landowners to acquire the right - of -way for Highway 212. ADOPTED this day of , 1994, by the City Council of the City of Chanhassen. I ATTEST: Don Ashworth, Clerk /Manager 11137 12/29/93 Donald J. Chmiel, Mayor s RECEIVED ' } 1994 CITY OF CHANHH�S�-f" t I U - i✓ - y�-i ' y.ttn C=r� A�hwcorth - City Manager I. Litiorp_, B Holasek., own a pproxi m ately 61 acres of land on Lyman Blvd. ' in = rianr).ass (see att ached leqal description. Approximately 70% of this ianj is within the new preposed Hwy 212 right -of -way and value of the ' re-,t of Tne iano is s evereiv diminished by the loss of the 212 right -of- wav riort ic,n of this property. I request that the Cit of Chanhassen or wr,= +rPvPr ;�+itr+i is pl,rchasinq the land for the highway, purchase the , acres That i own at this lo cation. Based on the selling pric of r_ironerties in T.he area, I anticipate a sales price of $30,000 ' i r,> .� _ ++_�+,� �ieas inform me of the next step I should take. RECEIVED ' } 1994 CITY OF CHANHH�S�-f" t i Im I&EWSM • % /�i����iir »1l' nili'�i %�/./.r� /�'J %i� /� ,li %lilt /ii /iii i C AR= COUNTY, MII TIMS 9 1 C A P T I O N The Northwest Quarter of the Southeast Quarter and the W Half of tlhe Northeast t)uarter of the SoutheaFzt C?uarter, all in Snetion 23, ih,n hip l]5. Range 23, Carver County, Minnesota, qubjert to nulard o.�r the Northerly 33.On fc of the 17 d�scrilr 1 Prnl "rt` . .qw ; At ..V H POMO� cr f Rq P. Blh: MFW i� OC ION N E AIL F Al QQ O Q 0 �0 I - 1 s •�`` BLUFF __ �' -- . - t CRIE£K - �. —. PdRK 9 H SS !A • D ` -" NAB - J L- rt • - i ^ °� o at 4 1^ I i 23 . 23 T H6,, 5112 SEC . so ui 0 z — — - - - - -- BLVD - - - -- - -- -- - - -- HWY. N0. 18 1N __ A. BF 150, P. 101 18 . •, $ti =fl r � - .IIOPODLD 1 i 1 • I 1 2 •1 1S•g" �P 0R, (� 1. 00 , 2� p2b j� DELORES B. 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