2005-03-02 P&R Packet - Laserfiche WebLink

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.EM' TO: Parks and Recreation Committee Members FROM: Kim Stephan SUBJECT: St. Paul Water Utility Property at 1601 LaMotte Drive DATE: March 2, 2005 The following information is from Vice-Chairperson LeBlanc regarding the property at 1601 LaMotte Drive: I called Mr. Nick Eloff at Anoka County Parks, who has worked with us on trails, and asked if he had any opinions or advice on the St Paul Water property situation. He said an appraisal with it being zoned as park land would certainly be less than being zoned as residential. He also thought that St Paul Water Utility is somewhat stuck since they would have to go to Centerville to get the property rezoned from park to residential. He said Anoka County Parks recently negotiated with St Paul Water Utility to purchase 64 acres of land around Centerville Lake for $1,300 per acre. I'm not sure where all this land is and the price would have to be double checked. My suggestion is that Centerville get an appraisal of the property with zoning as park land. The city needs that data to negotiate the property value. The following excerpt is from the City Council Meeting Minutes of February 23, 2005: Mayor Capra provided Council with an update of her negotiations with Mr. Tschida concerning the purchase price for 1601 LaMotte Drive. She then explained that one of the requirements for the DNR matching grant that the City is applying for to assist with the purchase of this park property is that the City obtains a parkland appraisal for the property. She then asked for Council authorization to do so in an amount not to exceed $3,000. Motion by Council Member Lee, seconded by Council Member Lakso to authorize Staff to obtain a parkland appraisal in an amount not to exceed $3,000 with the funds being expended from Park Dedication Funds. All in favor. Motion carried unanimously. Mayor Capra indicated that Mr. Tschida has asked for the maximum amount that the City is willing to pay for the property and has offered to finance the property over three years at 6% interest if the City is interested. She then said that the parkland appraisal should assist the City with setting its purchase price.