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AGENDA ITEM 1 D <br />STAFF ORIGINATOR: James E. Studenski, City Engineer <br />COUNCIL MEETING DATE: August 12, 2002 <br />TOPIC: Consider Approval of $7,400.00 Condemnation Award for Public Utility <br />and Drainage Purpose to Gregory F. Holte and Mary L. Holte <br />VOTE REQUIRED: Simple Majority <br />BACKGROUND: <br />This is part of the Holte Pond Eminent Domain process for which payment is required <br />for condemnation of certain lands for public utility and drainage purposes. Attached is <br />the Notice of Filing Report of Commissioners stating an award of $7,400.00. <br />The funding for this work is provided by the Surface Water Management Fund. This <br />fund was established in 1992 as a revenue source in order to meet the "administrative, <br />planning, ponding, mitigation, and water quality needs" of the City. It is reimbursed <br />through assessments to new subdivisions and is also collected as property owners <br />connect to City utilities. <br />• <br />• <br />