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Honorable Mayor, City Council and Staff <br /> City of St. Anthony, MN • <br /> August 18, 1999 <br /> Page 4 <br /> VII. Purchase 2705 Pahl Avenue <br /> This option considers the purchase of 2705 Pahl Avenue through negotiation with the <br /> homeowner. This option may also require that the garage at 2709 be flood proofed or <br /> relocated. Implementation of this option would have the following impacts or issues to <br /> resolve: <br /> 1. Provides 100-year flood protection to residents. <br /> 2. Affects two property owners <br /> 3. Dislocates a resident from the City. <br /> 4. Resident is not necessarily a willing seller. <br /> Estimated Cost: $210,000 <br /> VIII. Do Not Purchase 2709 Pahl Avenue <br /> The City of St. Anthony could decide not to purchase 2709 Pahl Avenue. This would <br /> allow the residents in this vicinity to be eligible for the City's flood proofing grant <br /> program. The implementation of this option would have the following impacts: <br /> 1. 100-year flood protection may not be provided to residents. <br /> 2. Street flooding would occur more often. <br /> 3. Residents would not be dislocated from the City. <br /> Estimated Cost: $50,000 <br /> The following table summarizes the options presented in this letter. <br /> Provides Project Estimate <br /> Option 100-Year Protection Cost <br /> I. Condemnation Yes $230,000 <br /> H. Purchase 2709 Pahl Avenue Yes $250,000 - $270,000 <br /> III. Relocate 2709 Pahl Avenue No $145,000 - $175,000 <br /> IV. Construction Overflow Swale& Yes $115,000 <br /> V. Delay Purchase of 2709 Pahl Avenue Yes $145,000 - $175,000 <br /> VI. Delay Purchase of 2709 Pahl Avenue Yes $315,000 (+) <br /> VII. Purchase 2705 Pahl Avenue Yes $210,000 • <br /> VIII. Do Not Purchase 2709 Pahl Avenue No $50,000 <br /> F:\WPWrM 1065.19\081899hmc.wpd <br />