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1a Resolution Authorizing RALF - Hwy 212 C ITV OF CHAIHASSEI 1. a... - 690 COULTER DRIVE · P.O. BOX 147. CHANHASSEN, MINNESOTA 55317 (612) 937-1900. FAX (612) 937-5739 TO: Don Ashworth, City Manager ActIOn tiy City AdmlnJstr'a'l~f Enilol'serl ../ bw A Modified Rejectl.!r1 Dalv ~-?. a~q 7 Dati! Submitted to CommlsslOjf MEMORANDUM FROM: '~J Bob Generous, Senior Planner . r~::i - DATE: May 21, 1997 -Date Submittod to Council _S::: ~/- 11 SUBJ: Resolution Authorizing Advanced Right-of-Way Acquisition Loan Fund (RALF) Application Submittal, John Klingelhutz 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 permits staff to initiate the process for applying for a Right-of- Way Acquisition Loan Fund (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 (MNDOT), subject to a separate agreement between the City and MNDOT, for review, to have appraisals performed, and to prepare required settlement agreements. 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, title search and insurance, tax payments, etc. ranging from $5,000 to $ I 0,000. However, these moneys are then recoverable as part of the loan amount from the Metropolitan Council. The loan 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 north side of Lyman Boulevard in the northeast quarter of section 24, township 116, range 23. The total area to be acquired consists of approximately 12.3 acres of right-of-way for Highway 212. Staff estimates the loan amount between $450,000 and $550,000 including land purchase and Don Ashworth May 21, 1997 RALF - John Klinge1hutz Page 2 administrative costs. The purpose of the acquisition is the protection of the Highway 212 right- of-way, as well as minimizing the cost appreciation of the land and responding to the financial problems the corridor designation has created for a land owner. The City of Chanhassen has purchased the two parcels to the east of this property through the RALF process. 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. 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 land owner for the acquisition of property within the Highway 212 corridor. Attachments: 1. Resolution 2. Letter from Thomas Griep dated May 5, 1997 3. Location Map 4. Parcel Map c: John Klingelhutz CITY OF CHANHASSEN CARVER AND HENNEPIN COUNTIES, MINNESOTA DATE: RESOLUTION NO: MOTION BY: SECONDED BY: A RESOLUTION AUTHORIZING 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; and 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 conversation 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. Passed and adopted by the Chanhassen City Council this day of .1997. ATTEST: Don Ashworth, City Clerk/Manager Nancy K. Mancino, Mayor YES NO ABSENT KLINGELHUTZ CONSTRUCTION May 5, 1997 Ci ty of Chanhassen Attn: Robert Generous, City Planner 690 Colter Drive P. O. Box 147 Chanhassen, MN 55317 Dear Bob, As per our telephone conversation on May 2, 1997, the intent of this letter is to request the City of Chanhassen to begin the application for funds for acquisition of Highway 212 right of way located on Klingelhutz Development Company property within your city. I have enclosed the property information for your use. Should you need any more information, please let me know. Sincerely, ~A~ Thomas Griep 'i;'~ ( {] G 1Ss/ 350 EAST HIGHWAY 212 CHASKA, MN 55318 612 1448-3330 I , ; ~.r\ ~d . ).\f'JeS\e({\"""'~ "'~--r:...< ,~~ \ Y ~~. 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