CC PACKET 05101983 - Laserfiche WebLink

Home Browse Search

WESTWOOD PLANNINGV & ENGINEERING COMPANY m _ : • AGENDA June 14, 1983 St. Anthony HRA Commissioners 3301 N.E. Silver Lake Road St. Anthony, MN 55418 Subj: Kenzie Terrace Redevelopment Project Just Compensation, Authorization to Acquire Parcel #07-029-23-24-0004 Dear Commissioners: The purpose of this letter is to ask the HRA to establish Just Compensation for this parcel of property and its improvements and fixtures and to auth- orize the HRA attorney, myself and Executive Director to purchase the property. The appraisal work required by state statute has been completed. I have reviewed the appraisals completed by O.J. Janski and Associates, for real estate; C.R. Pelton and Associates for immovable fixtures, and the review appraisal completed by Donald Hennessy. This property, located at 2601 N.E. Kenzie Terrace, contains 41,800 s.f. There are no easements of record existing across the property. The property • fronts on Kenzie Terrace to the .south. Kenzie Terrace has two traffic lanes in either direction and has a center median and concrete curbs and gutters. There is no median cut in front of the subject site. All common public utilities are available to the site. There are no soil tests available on the site. The site is relatively flat with no tree cover. Immediately adjoining the site to the east is a vacant parcel of land. Further east on the same side of Kenzie Terrace, are located several smaller service and small retail commercial buildings. North of the site is a middleclass residential neighborhood. Adjacent to it on the west is a mobile home park. Across Kenzie Terrace to the south is St. Anthony Village Shopping Center, which attracts large vehicle traffic counts in this vicinity, resulting in the subject site being possibly influenced from the increased visibility. O.J. Janskils opinion is that the highest and best use of the site would be for some type of multi-residential housing. This opinion is shared by the review appraiser, Hennessy. The site contains one-story, concrete block, 2 foot steel bar joist, auto body garage. The building was built in 1953 and added onto in 1958. The building contains 450 s.f. of office area with asphalt tile, carpeting, paneling and suspended acoustical tile ceiling. No loading docks, indus- trial sectional windows, exposed steel frame supported metal deck, 100 amp system in both front and rear, 40 gallon automatic gas water heater, wash- room, 2 Johnson ceiling-hung gas space heaters, 1 Reznor space gas heater... all in shop area, 1 ceiling-hung unit in main office area. Mechanical 7415 WAYZATA BOULEVARD, MINNEAPOLIS, MINNESOTA 55426 (812) 546-0155