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1b. RALF Application Submittal - Holasek Property1 CITY OF I 6 CHANHASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 TO: Don Ashworth, City Manager FROM: Bob Generous, Planner II DATE: November 1, 1994 SUBJ: Resolution Authorizing Advanced Right -of -Way Acquisition Loan Fund (RALF) Application Submittal, Holasek Property 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 Ahe.property with the property owner. The City then makes final anvlication for the loan. The Metrovolitan Council has -to .give final anuroval to use the loan for 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 1 n Don Ashworth November 1, 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. 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 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA K � Date Resolution Motion By Seconded By RESOLUTION AUTHORI2ING LOAN APPLICATION AND NEGOTIATIONS TO PURCHASE PROPERTY FOR THE RIGHT -OF -WAY 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. ATTEST: Don Ashworth, Clerk /Manager Donald J. Chmiel, Mayor ' 11137 12/29/93 ' 10 -, ;4 I Lttn N.11 Ashworth - City M ah ar ?er ' i Lleic)re_, B Holasek_ own approximately 61 acres of land on Lyman Blvd. in Cr,anh:assen (see attached legal description.) Approximately 70% of this ' iaro i:, within the new preposed Hwv 2 right -of -way and value of the rPSt C)f tl iano is severely diminished by the loss of the 212 right -of- w: .av r_ortior, of this property. I request that the City of Chanhassen or ' wn�iTever is pr_Ircha the land for the highway, purchase the �-ritirN r, i a_re_` i own at this location. Based on the selling price of ' r_i)n,i_�;arar•IiN pron_erties in the area, I anticipate a sales price of $30,000 t t.flI Please inrorm me of the next step I should take. rear k. cer. , L. Una •� I�.c �,L � M � s S 3 1 REGEiVED s 1994 CITY OF CH NHKD6c -lv RM i r. 1A 1 • % /�i����rir >r� r7i:1�'ri %i� /.ir /� „ �lyir /i� ,li %i�ir /i /rri C "1Jw 2 C P9I NfdLSO 7 _ C A P T I O N The Northwest Quarter of the Southeast Quarter and the West Half of the Northeast Quarter of the Southeast OUarter, all in Snrtion 23, h,mshiu 115, F2ande 23, Carver County, ttinnesota, Sul)jeet to h }nn -n I �ule - -ard over the Northerly 33.00 fort of thc; ai - xwc d�scr,i1xxd Iym R std. X7'0: S�r'�7K�'c:<:+., •i•'.. ; al.*.. - WE tl'c LAKE SUSAN > — PA RK Pik t P J — 1 - r- ;::::: �I 111 :. • ::.:::..::: "• -i BA, : iMERE 'A— S BANG MERE OC 4�ION G `I 'All 1 E - �Q I N E AIL i(R IAI Q _ I _ _ BLUFF P CREEK K _ RFEKMDOD ' POND I ff T - Y \ Oaf 55 FARM D�.__ I v � a� t o / o r / . I i I y T• / ,6,, , R,. 23 //2 SEC 2 , r .50 j `� l PROPOSED d + viz — — - � -- - -BLVD - - - - - - -� -- - NO. 18— 4N a�.50 PNO HWY. ex tso, P 307 .. .. 18 _. . ei 8`11 �fl • 1 - - PI.O►9!D ,?S $U70010 G I 2 00 2� DZ '�J'a5 o0 DELORES B. HOLASEK LYLE W. FRANK efol Doc. No 116365 DOC. N0. T0271 1 Frank J. Fox, 0191 _. Jeffrey A FOX' 0191,' - CO. DOC. NO. 111128 ! � q1 i . w 1 l i ! 39 . -!8 Ax E) 6 ZA t LAWRENCE C.KLE II 89,, PP55,85