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HomeMy WebLinkAboutResolution 04-EDA197EDA RESOLUTION NO. 04-EDA-197 MOUNDS VIEW ECONOMIC DEVELOPMENT AUTHORITY COUNTY OF RAMSEY STATE OF MINNESOTA AUTHORIZATION TO CONDUCT A RESIDENTIAL APPRAISAL ON THE PROPERTY LOCATED AT 8217 LONG LAKE ROAD WHEREAS, the property located at 8217 Long Lake Road is currently for sale and available for acquisition; and, WHEREAS, the Mounds View Economic Development Authority (the "Authority")and the City Council have directed staff to explore the potential acquisition of the property; and, WHEREAS, staff has confirmed that the property at 8217 Long Lake Road appears on the City's list of parcels identified for potential acquisition; and, WHEREAS, to determine the fair market value for the property, it would be appropriate to conduct a residential appraisal of the parcel and improvements; and, WHEREAS, the City maintains a list of area appraisal firms who are able to perform such an appraisal. NOW, THEREFORE BE IT RESOLVED THAT, the Mounds View Economic Development Authority hereby authorizes staff arrange for an appraisal of the property located at 8217 Long Lake Road. The Authority further directs staff to seek quotes from professional residential appraisers and to award the project to the individual or firm having submitted the lowest bid with the earliest completion date, as time is of the essence. The cost~for the appraisal shall not exceed $1, 000. Adopted this 11th day of October, 2004 by the Mounds View Economic Development Authority ,~~ ~ Jerry Linke,_President C~ ATTEST: ~ r~ Kurt Ulrich, Executive Director (SEAL)