07-10-2013 Council Minutes - Laserfiche WebLink

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MINUTES CITY COUNCIL JULY 10, 2013 The Administrator continued his review of bid conditions, noting that a 10% bid security would be required for anyone submitting a bid. Blesener suggested that the parameters include information that bid security would be returned to unsuccessful bidders upon completion of the sale of the property. The Administrator indicated that the next parameter would require the buyer to construct a new home on the property with an estimated market value of at least $350,000, including land value. The construction process for this home would have to be complete no later than July 1, 2015. The next key parameter would be that the City would transfer title via a limited warranty deed with no abstract. The Administrator stated that he would ask the City Attorney to comment on this parameter. The parameters also note that costs of conveyance would be in addition to the purchase price offered for the property. A successful bidder would also be responsible for all building permit fees and other typical costs associated with construction of a new home. The Administrator noted that the parameters also establish a minimum bid of $100,000 for the property. The Council discussed this amount and agreed with this recommendation. The consensus of the Council was to accept the parameters as proposed and discussed. The City Administrator indicated that an article will be included in the next City newsletter offering this property for sale as discussed this evening. Bids will be presented to the Council for consideration at their August 28th meeting. SLEEPY The City Administrator reviewed the Public Works Superintendent's HOLLOW report dated July 3, 2013 outlining the request of the owner of the Sleepy LAND SWAP Hollow Apartment complex, Mr. Dennis Homel, to trade a piece of property with the City so that he can expand his parking lot on the west side of his property. The City Administrator reviewed the two pieces of property in question, noting that it would be even trade of property. Mr. Homel is requesting a piece of City -owned property on the west end of his site and would give the City a piece he owns on the east end of his site. It was noted that the City has a storm water lift station on the east end of the Sleepy Hollow property, so the trade would result in the City obtaining ownership of the land on which the lift station is located. The Administrator again noted that this would be a one -for -one exchange of land. He recommended approval of the concept provided that Mr. 9