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12-20-21-WS
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12-20-21-WS
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Page 2 of 2 <br /> <br />(3) to develop or consider offers or counteroffers for the purchase or sale of real or personal <br />property. <br />For the work session discussion, city staff is seeking confirmation of direction on next steps for <br />listing the property. In further consideration of asking price, the Public Works Director/City <br />Engineer estimates that it may cost $30,000 (and that might be low) to extend water and sewer <br />services to the property. Similarly to the variance application fees, the Council had agreed that <br />the costs for utility installation would be the responsibility of the Future Buyer. <br />Possible actions for consideration are as follows: <br />• Determination of listing price. <br />• Marketing the property to the adjacent Property Owners at 3583 Snelling Avenue and/or <br />3570 Ridgewood Road. <br />• Begin solicitation for real estate agent selection in order to list property for sale to the <br />general public. <br />o Local agents would be approached and provided some sort of informational <br />packet on the parcel (i.e. site map, acres, zoning, City’s intended use of site, <br />timing, etc.). This packet would provide a date for their responded interest and <br />request that they include their terms for listing the parcel. That information would <br />be presented to the Council at a future work session in the early part of 2022 prior <br />to any execution of the listing agreement. <br /> <br />Next Steps <br /> <br />Staff is looking for Council direction on next steps for selling the city owned parcel at 3588 <br />Ridgewood Road. <br />Budget Impact <br /> <br />N/A <br /> <br />Attachments <br /> <br />Appraisal to be provided to the Council under separate cover. <br /> <br /> <br />
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