26-098 - Resolution - R-O-W Otter Lk Rd Parcels 3 and 4 and 3 and 5

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CITY OF LINO LAKES RESOLUTION NO. 26-98 APPROVING ACQUISITION OF PARCEL 3, PARCEL 3 & 4 AND PARCEL 3 & 5, RIGHT OF WAY PLAT NO. 4, OTTER LAKE ROAD EXTENSION PROJECT WHEREAS, the City Council authorized preparation of plans and specifications for the construction of the Otter Lake Road Extension on August 14, 2023, and WHEREAS, the construction of the Project requires the acquisition of certain land and easements involving properties located within the City, as depicted in City of Lino Lakes Right of way Plat No. 4, filed for record with Anoka County and Document No. 631999.001 and 2462426.001; and WHEREAS, it is necessary that the City have title and possession of land interests for the Project before the construction contracts may be let, which is planned to occur in the summer of 2026; and WHEREAS, on August 25, 2025, the City Council authorized the City representatives, City Community Development Director and City Attorney to make offers to property owners consistent with the appraisals obtained for the needed acquisition; and WHEREAS, on December 8, 2025, the City Council authorized the acquisition of property by eminent domain; and WHEREAS, the City and Owner of Parcel No. 3, Parcel No. 3 & 4 and Parcel No. 3 & 5, of Right of Way Plat No. 4 have reached agreement on just compensation due for the acquisition of the fee title and permanent and temporary easements shown in Right -of -Way Plat No. 4, and as documented in an Memorandum Of Agreement (the "MOA") negotiated between the City and Owner; NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Lino Lakes: That pursuant to the MOA between the City and Owner, the purchase of property, identified as ROW Parcel 3, Permanent Drainage and Utility Easement Parcel 3, and Temporary Easement Parcel 3, ROW Parcel 3 & 4, Temporary Easement Parcel 3 & 4, ROW Parcel 3 & 5, and Temporary Easement 3 & 5 on City of Lino Lakes, Right of Way Plat No. 4, in the amount of $389,000, and other considerations agreed to by the parties pursuant to the MOA is hereby approved.