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• POLICY Hl <br />9/24/03 <br />ITEM: Acceptance of Settlement for the Purchase of Land Adjacent to Curtiss Field <br />Park and the SE Corner Redevelopment <br />SUBMITTED BY: Heather Worthington, City Administrator <br />REVIEWED BY: Matthew Foli, Campbell & Knutson, City Attorneys <br />EXPLANATION: <br />Summary: Earlier this summer, the city negotiated the purchase of a tract of land that will be <br />part of the improvements to Curtiss Field, and the SE Corner Redevelopment. This land is <br />currently a roadway (Snelling Service Drive), which was transferred under an easement to the <br />city in the mid-1980's. The underlying fee title was retained by the estate of the original owner, <br />Roland K. Wilson. The city negotiated a purchase price of $3,000 for the underlying land. The <br />Residuary Trust has accepted this offer, and the city is now prepared to move forward with a <br />stipulated settlement for the purchase of the land on September 26~'. <br />This land will be used to improve drainage at Curtiss Field Park, and also to serve as part of the <br />• lot assembly needed for the SE Corner Redevelopment. <br />ATTACHMENTS: <br />E-mail from Jeffrey Watson to Matthew Foli dated June 12, 2003 <br />Letter to Matthew Foli from Nancy Kiskis dated September 8, 2003 <br />Trustee's Deed <br />ACTION REQUESTED: <br />• Discussion <br />• Approval of settlement for the purchase of land adjacent to Curtiss Field Park and the SE <br />Corner Redevelopment, and payment to the Roland K. Wilson Residuary Trust in the amount <br />of $3,000.00 <br />U <br />19 <br />