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99-95 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: November 8, 1999 MOTION BY: Senn RESOLUTION NO: 99-95 SECONDED BY: Jansen A RESOLUTION ESTABLISHING JUST COMPENSATION AND AUTHORIZING PURCHASE OF OUTLOT A, OAKWOOD ESTATES SECOND ADDITION WHEREAS, The City of Chanhassen is implementing its Community Development Block Grant program approved by the City Council on June 14, 1999; and WHEREAS, the acquisition of the real property known as Outlot A, Oakwood Estates Second Addition, Carver County, Minnesota, (PID #25.5690030), would be in compliance with the objectives of the Community Development Block Grant program the City's participation in the Livable Communities Act and the City of Chanhassen 2020 Comprehensive Plan; and WHEREAS, the fair market value of the subject property was made by the Office of the County Assessor for Carver County; and WHEREAS, the appraisal work has been performed in a competent manner in accordance with applicable state law, the Uniform Relocation and Real Property Acquisition Act, and Department of Housing and Urban Development policies and requirements: NOW, THEREFORE, BE IT RESOLVED by the Chanhassen City Council: That the fair market value of $80,400.00 for the real property is hereby adopted as fair and just compensation. That Robert Generous, AICP, is authorized to negotiate the purchase of the subject property by direct purchase. Passed and adopted by the Chanhassen City Council this 8th day of November, 1999. ATTEST: Scott A. Botcher, City Manager Nancy K. Mancino, Mayor YES NO ABSENT Mancino None None Engel Jansen Labatt Senn