HomeMy WebLinkAboutResolution No. 084-22 - Resolution - Property Acquisition - Regional Stormwater Management Facility KRP12 - Project No. J6519
RESOLUTION
Settle Property Acquisition for Regional Stormwater Management Facility KR-P1.2
Construction Project.
WHEREAS, the negotiated property value exceeds the approved settlement limit of 15%
above the appraised value for real estate needed for implementation of the Regional
Stormwater Management Facility KR-P1.2 Construction Project.
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester
that the City Administrator is authorized to approve settlement at 20% above the appraised
value for real estate needed for the Regional Stormwater Management Facility KR-P1.2
Construction Project.
PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF
ROCHESTER, MINNESOTA, THIS __________ DAY OF _______________, 2022.
___________________________________
PRESIDENT OF SAID COMMON COUNCIL
ATTEST: __________________________
CITY CLERK
APPROVED THIS _____ DAY OF ______________________, 2022.
___________________________________
MAYOR OF SAID CITY
(Seal of the City of
Rochester, Minnesota)