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HomeMy WebLinkAbout2020-024 Council ResolutionCITY OF LINO LAKES RESOLUTION NO. 20-24 APPROVING AMENDED STIPULATION AGREEMENT FOR NORTHEAST LINO LAKES DRAINAGE AREA IMPROVEMENTS WHEREAS, the City Council authorized staff and City Attorney to make offers on the acquisition of land for the NE Drainage Improvement project on February 25, 2019, and WHEREAS, the City Council authorized acquisition of property by eminent domain on May 28, 2019; and WHEREAS, the City of Council entered into a Stipulation Agreement with the Leibel Property ownership group regarding the purchase of their property on November 20, 2019; and WHEREAS, all parties to support amendment of the dates within said agreement. NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes: 1. That the amended Stipulation Agreement with the Leibel Property ownership group is hereby approved and the Mayor and City Clerk are authorized to execute the agreement on behalf of the City. Adopted by the Council of the City of Lino Lakes this 9th day of March, 2020. The motion for the adoption of the foregoing resolution was introduced by Council Member Lyden and was duly seconded by Council Member Stoesz and upon vote being taken thereon, the following voted in favor thereof: Lyden, Stoesz. Ruhland, Cavegn, Rafferty The following voted against same: None A I"LbST: • <7 JL, 114t�f. Rob Rafferty, Mayor STATE OF MINNESOTA ANOKA COUNTY DISTRICT COURT TENTH JUDICIAL DISTRICT Case Type: 2, Condemnation City of Lino Lakes, Petitioner, vs. James W. Salo and Bernice M. Salo, individually and as trustees of the Trust Agreement of James W. Salo and Bernice M. Salo dated December 17, 2013, Novation Credit Union, Hal Leibel, Pamela Leibel, Lyn Arvidson, Royce Arvidson, Jim Kohler, LeeAnn Dye, Mark Dye, Colleen Dye, County of Anoka, Rice Creek Watershed District, Metropolitan Council, and all other persons unknown claiming any right, title, estate, interest, or lien in the real estate described herein, Respondents. Court File No: 02-CV-19-5586 AMENDED AND RESTATED STIPULATION This Amended and Restated Stipulation is entered into this day of March, 2020 by and between the City of Lino Lakes (the "City") and Hal Leibel, Pamela Leibel, Lyn Arvidson, Royce Arvidson, Jim Kohler, LeeAnn Dye, Mark Dye, and Colleen Dye (collectively, the "Owners"). RECITALS 1. The Owners in the aggregate are owners of, or have an interest in, the varied properties identified as PID Nos. 14-31-22-12-0002, 14-31-22-14-0001, 14-31-22- 11-0002, and 14-31-22-11-0001 (collectively, the "Property"). • e • 2. The City has filed a Petition in Condemnation in Anoka County District Court, Court File No. 02-CV-19-5586, to acquire certain property interests over the Property. 3. A certain developer (the "Developer") is also negotiating with Owners to directly purchase the balance of the Property from the Owners, and the Developer and City are coordinating their efforts and allocating matters relating to the acquisitions between themselves. 4. The Owners and the Developer hope to enter into a purchase agreement for the balance of the Property in the near future. 5. In light of and in anticipation of the Owners entering into the Purchase Agreement with the Developer, the City and Owners now wish to enter into this Stipulation as it relates to the City's pending Petition in Condemnation. Based on the above, the parties agree as follows: 1. The Owners concur with the necessity and public purpose for the City's taking, as outlined in the City's Petition in Condemnation. 2. The Owners stipulate to the just compensation amount consistent with the City's appraised value of the Property, which is the amount outlined in the City's Petition in Condemnation: $52,000.00 for PID No. 14-31-22-14-0001 and $386,000.00 for PID No. 14-31-22-12-0002. 3. If either (a) Owners and Developer do not enter into a Purchase Agreement on or before June 1, 2020, or (b) the transaction contemplated by that Agreement does not close by July 1, 2021, Owners may elect to declare this Stipulation is null and void, and Owners may pursue an award of just compensation at a Commissioners' Hearing in accordance with Minnesota law. Owners must notify the City of such election in writing by delivering to City, within two weeks of the triggering event, a notice of cancellation of this Stipulation. 4. The parties agree the electronic signatures of this Stipulation shall constitute valid, binding signatures. 5. This Amended and Restated Stipulation replaces and supersedes that certain Stipulation dated November 21, 2019, entered into by the parties in this matter. OWNERS By By By By By By By By Hal Leibel Pamela Leibel Lyn Arvidson Royce Arvidson Jim Kohler LeeAnn Dye Mark Dye Colleen Dye GP:4826-0634-7701 v2 • CITY OF LINO LAKES By t i Its r By Its