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P~INUTES <br />City Council <br />April 8, 1987 <br />Mosted The City Attorney reported that the City's appraiser has determined <br />Property an appraised value for the Mos.ted property which the City wishes <br />to purchase at $55,500. Mrs. Mosted's appraiser has determined the <br />Agenda value at $70,000. The City Attorney suggested that the City attempt <br />Item No. 10 to negotiate a purchase price in the middle of the two appraisals. <br />Scalze agreed that the City should attempt to negotiate with Mrs. <br />Mosted. <br />The City Attorney pointed out that an appraisal was submitted as <br />part of the City's grant application for purchase of this property. <br />The appraisal that was submitted is the City's appraisal which sets <br />the value at $55,500. This would be the maximum the City would get <br />for the property should the application be approved. <br />Collova asked if the City purchases the property for a higher price <br />than listed on the appraisal submitted with the grant application, <br />if this will effect the chances of the application being approved. <br />The City Attorney replied that the grant application has to be in <br />a certain stage of approval, before the City can sign a purchase <br />agreement for the property. The Attorney indicated that he would <br />check into this. <br />Thunder The City Engineer recommended that a storm sewer pipe be installed in <br />Bay Addition Ditch #7 in the area on the west side of Arcade Street. The Engineer <br />reported that he would submit plans for this improvement for <br />Flgenda presentation to the Council. <br />Item No. 9 <br />Mr. Collova introduced the following resolution and moved its adoption: <br />( Change ) RESOLUTION N0. 87-4-138 - AUTHORIZING THE <br />( Order-no-1-) INSTFlLLATION OF A STORD9 SE41ER PIPE IN DITCH #7 <br />( Houle- ) IN THE AREA LOCATED ON THE WEST SIDE OF ARCADE <br />( Imp. 86-13-) STREET AS PER THE RECOPIMENDATIONS OF THE CITY <br />ENGINEER <br />The foregoing resolution was duly seconded by Mrs. Scalze. <br />Ayes (5) Collova, Scalze, LaValle, Fahey, Blesener. <br />Nays (0). <br />Resolution declared adopted. <br />This resolution appears in Resolution Book No. 17, Page 151. <br />Woodlyn Flve. The Engineer reported that Mr. Greg Deeb will be in at the next <br />meeting on the Woodlyn Avenue matter. <br />Agenda <br />Addition <br />Page -28- <br />