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-• • -7 Agenda Section: 9.B <br /> SIZES REQUEST FOR COUNCIL CONSIDERATION Report Number. 93-498C <br /> Report Date: 3-18-91 <br /> STAFF REPORT Council Action: <br /> ❑ Special Order of Business <br /> CTTY COUNCIL MEETING DATE March 22, 1993 0 Public Hearings <br /> ❑ Consent Agenda <br /> frJ Council Business <br /> Item Description: Consideration of Acceptance of Permanent Easement from Phillips Petroleum <br /> Administrator's Review/Recommendation: <br /> - No comments to supplement this report S9' <br /> - Comments attached. <br /> Explanation/Summary (attach supplement sheets as necessary.) <br /> ,SUMMARY; <br /> • <br /> The reconstruction of Long Lake Road is a joint effort between the City <br /> of Mounds View and Ramsey County. To allow for adequate width between <br /> County Road H-2 and County Road I and to allow for drainage structures, <br /> the City needs to acquire permanent easements for roadway and utility <br /> purposes. We have reached agreement with Phillips Petroleum for <br /> necessary easements. The cost of these easements is $2 , 592 . <br /> The is the negotiated value arrived at by our negotiator, Evergreen <br /> Land Services. The City's appraisal for this easement was $2 , 075. Under <br /> state law Phillips Petroleum is entitled to an appraisal; this could <br /> cost between $2 , 000 and $3, 000. Phillips purchased the property in 1990 <br /> and paid $8. 64 per square foot at that time. This would indicate a <br /> value of $2 , 592 . 00 for the easement; an increase of $517 . 00. This is <br /> much less than the 'cost of another appraisal and is considered <br /> appropriate by our negotiator (Evergreen Land Services) . <br /> Ric Mi etor • <br /> City Engineer/Director of Public Works <br /> RECOMMENDATION: <br /> start recommends that Council authorize purchase of the easements <br /> in the amount of $2 , 592 . 00 to be charged to Account Number 499- <br /> 4121-701. <br />