05/08/1995 Council Minutes - Laserfiche WebLink

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2 COUNCIL MEETING MAY 8, 1995 carried unanimously. Resolution No. 95 - 59 can be found at the end of these minutes. PARK BOARD REPORT, MARTY ASLESON Consideration of a Donation for Park Trails in Shenandoah Subdivision - Mr. Asleson explained that Mr. and Mrs. Lund wish to donate the westerly 32 feet x 133 feet of their property at 480 Arrowhead Drive to the City for park trail location purposes. There is an existing ditch which physically separates this 32 foot wide strip of land from the balance of their 114 foot lot (total frontage of 146 feet) making maintenance difficult. Mr. and Mrs. Lund are willing to donate this property to the City in exchange for the following items: 1. A new certificate of survey of each new parcel indicating the new property line. The approximate cost of the survey is $400.00. 2. An appraisal of the property to facilitate a partial mortgage release. The approximate cost of the appraisal is $400.00. 3. A partial mortgage release from the lender. cost of the mortgage release is $250.00. 4. Miscellaneous Anoka County recording fees. cost of the recording fees is $25.00. Other associated costs with this project include: The approximate The approximate 1. Trail preparation, concrete pipe extension (approximately 30 feet), 100 cubic yards of fill for the ditch crossing. The approximate cost of these items is $3,000.00. 2. Trail grading and placement of base rock. The approximate cost would be $800.00. The total project cost is approximately $5,000.00. The Park Board considered the donation at the May 1, 1995 meeting and made a motion recommending approval and use of Park Dedicated Funds to accept and expedite the project. Council Member Kuether question the need for a mortgage release which would cost approximately $250.00. Mr. Hawkins explained that this is not unusual because lenders do not want to PAGE 12