2004-12-20 CC Packet - Laserfiche WebLink

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'CITY OF CIRCLE P1NES 200 CIvIc Heights Circle Telephone: (763) 784-5898 Circle PIne$. MN 55014 Fax: (763) 785-2859 www.c1.circle-plnes.mn.us TDO: (763) 784-9724 Memo To: From: Date: Re: , Police JOinf1orB rs Nego~Team Jim Keinat ~ December 7, 004 Compensation to Circle Pines for Land and Lease After reviewing this with the City Council, we are requesting the following compensation. For the lease, the City of Circle Pines has invested over $36,500 in" repairs and enhancements to the building systems over the last couple years. The city's only means of recouping that investment was the Mure lease payments. As a result, we are requestin a a ent from Lexington for buyo of their ortion of the lease of $14,550. e are requesting a payment of $16,975 from the, City of Centerville. hat would allow" . or the termination-of the lease on January f;2006, or e 01 e police department _ moveS into their new headquarter facilities. As to compensation for the value of the land, Circle Pines only Wishes to recover its _ costs of acquiring the land. If the Police Governing Board is willing to compensate the City of Circle Pines for its cost of acquiring the land from Anoka County, including the cOsts of surveying, engineering and legal work from the building bonds proceeds, then the city will at the end of the lease deed the land to the other cities in the appropriate Rer~ntages for a dollar. To date we have incurred $5,663 in engineering costs and $8,500 in surveymg Costs~ There IS probably another $1 ,OOO-iri1egal -costs: At this-point- - it is unclear whether the county will actually require us 'to trade a portion of the city's " " property adjacent to the site for the lana from the COUllty. If they do require the transfer of that property, the city would request reimbursement for a mutually' agreed upon value for the traded property. c= ,~_,~-,_ JWK/Igc_'~ - - ----. --- Printed on Recycled Paper