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WY OF Agenda Section: 11 _F REQUEST FOR COUNCIL CONSIDERATION Report Number: 95-1344C fr DSt,STAFF REPORT Councn: ❑ Special Order of Business CITY COUNCIL MEETING DATE May 8, 1995 ❑ Public Hearings ❑ Consent Agenda C Council Business Item Description: Consideration of Authorization for Staff to Purchase Land Adjoining Groveland Park Administrator's Review/Recommendation: - No comments to supplement this report - Comments attached. Explanation/Summary_(attach supplement_sheets as necessary_.) SUMMARY; The Newton family approached the City of Mounds View inquiring as to the interest of the City in purchasing the family estate property located north of Groveland Park. This parcel of land has been mowed during the past several years by the Parks Department and in return the community has been given use of the area for recreational activity. Recreational use of the property includes pick-up games of football, hacky sack, catch, and as a warm-up area for youth baseball and softball teams that gather to play a game at Groveland Park athletic field. The area is a grassland which also serves as a buffer between the homes to the north, along Groveland Road. The buffer area is an important asset, helping to detour conflicts between park users and homeowners. The Newton family is requesting $31,000 for the property. Twenty-five thousand dollars ($25,000) is budgeted for 1995 purchase of parkland (originally to be a match for the proposed park purchase of parkland grant in the SW section of the City). That option no longer exists. The City has had the land appraised and the appraised value is $31,000. This is $6,000 less than available in the 1995 budget for park acquisition. It is requested that the City purchase the land at the appraised value of$31,000 with funding budgeted from the General Fund Park Improvements, 100-4362-703 in the amount of$25,000 and authorize the transfer of$6,000 from Franchise Fee Fund, 295-4120-990 to the General Fund, 100-3961 to cover the remaining cost of the land purchase. _Yea/2Z e41) Mary Saarion, Director Parks, Recreation and Forestry Authorize purchase of Newton property for appraised value of$31,000 using $25,000 from General Fund Park Improvements, 100-4362-703 and transfering $6,000 from Franchise Fee Fund, 295-4120-990 to General Fund 100-3961 and amend the 1995 Budget to reflect the addition of j�ECOMMENDATION; $6,000 to individual General Fund Account 100-4362-703 to fund the remainder of the purchase price.