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98-43 CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: May 11, 1998 MOTION BY: Senn RESOLUTION NO: 98-43 SECONDED BY: Berquist A RESOLUTION SUPPORTING ACQUISITION OF REMAINING RIGHT-OF-WAY FOR CONSTRUCTION OF HIGHWAY 212, SOUTHWEST CORRIDOR TRANSPORTATION COALITION WHEREAS, acquisition of the Trunk Highway 212 Corridor from 1-494 in Eden Prairie to Cologne is the highest priority to the City of Chanhassen; WHEREAS, land values in the new Trunk Highway 212 Corridor are escalating dramatically; WHEREAS, there has already been approximately $50 million invested in purchase of right-of- way, design, planning, and other related expenditures for the New Trunk Highway 212 Corridor (principally by MnDOT or through use of RALF funds); WHEREAS, the Corridor has been preserved on the official maps of the affected communities since 1987; WHEREAS, in most areas the New Trunk Highway 212 Corridor is surrounded by developed or developing land; WHEREAS, each of the affected cities has already contributed substantial funds and staff time to the design, environmental review, planning and right-of-way acquisition for the New Trunk Highway 212 Corridor; WHEREAS, many of the property owners are elderly and wish to make final dispositions of their property and to distribute or liquidate their holdings in recognition of the age; WHEREAS, most owners have held their property for many years and have been unable to either develop or sell the portion of their properties encumbered by the planned right-of-way since adoption of the official map in 1987 (or before); and WHEREAS, the RALF fund does not have sufficient cash to enable purchase of all of the remaining parcels of real estate within the foreseeable future. NOW, THEREFORE, the City Council of the City of Chanhassen hereby: Requests that the State of Minnesota Department of Transportation immediately allocate such funds (through its "protective buy" powers or otherwise) as are required to complete acquisition of all right-of-way required to complete construction of New Trunk Highway 212 Corridor between Interstate 494 in Eden Prairie and existing Trunk Highway 212 at Carver County Road 147; and Request that the Metropolitan Council levy the maximum amount permitted by law for the purpose of funding the Right of Way Loan Acquisition Fund until such time as all right-of- way for New Trunk Highway 212 Corridor has been purchased. Passed and adopted by the Chanhassen City Council this 11th day of May, 1998. ATTEST: Don Ashworth, City Clerk/Manager Nancy K. Mancino, Mayor YES Mancino Engel Mason Berquist Senn NO ABSENT None None