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ice+ oCilr4 �Ld /GLWLLG <br />515 Little Canada Road, Little Canada, MN 55117-1600 <br />(651) 766 -4029 / FAX: (651) 766 -4048 <br />www.ci.little- canada.mn.us <br />MEMORANDUM <br />TO: Mayor Fahey & Members of the City Council <br />FROM: Joel Hanson, City Administrator <br />DATE: March 22, 2002 <br />RE: Rutzick Property Acquisition <br />MAYOR <br />Michael I. Fahey <br />COUNCIL <br />Beverly Scalze <br />Jim LaValle <br />Matt Anderson <br />Rick Montour <br />ADiMINISPRATOR <br />Joel R. Hanson <br />An appraisal of the Rutzick property has been completed. A review appraisal is also being conducted; the <br />results of which I should have by Monday. Assuming the review appraisal supports the original appraisal <br />conducted by Mr. Michael Bettendorf, we should commence action to acquire this property. (Please note <br />that I am not revealing the value indicated in the appraisal until the review appraisal is completed.) <br />To commence this process, three documents are enclosed for your approval to initiate the process. They <br />are as follows: <br />• Resolution Establishing Just Compensation, Approving Appraisal of Value of Real <br />Property, and Authorizing Offer to Acquire Rutzick Property <br />• Draft of Offer of Just Compensation Letter to Rutzick Family LP <br />• Resolution Initiating Acquisition <br />If you are in agreement with these documents, and subject your acceptance of the appraisal of value, then <br />I would recommend adoption /approval of the above documents. (Please note that we will be acting in <br />our capacity as the EDA for these transactions.) If there are any questions regarding this process, I <br />would request they be directed to the City Attorney. <br />