HomeMy WebLinkAboutOfficial Act No. OA318-25 - Official Act - Property Acquisition Settlement Agreement for Parcel 57 of Link Bus Rapid Transit - Projeect No. J8707
OFFICIAL ACT
The Common Council of the City of Rochester, Minnesota hereby City ownership of the
acquisition is necessary and for a public purpose in furtherance of the Link Bus Rapid
Transit - Project No. J8707, the following action is requested:
1. Authorizing the Settlement Agreement to directly purchase the property rights, and to
settle the takings of Parcel 57 with a total value above $50,000, and in an amount greater
than 15% above the approved appraised value.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2025.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2025.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)