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<br />Memo <br /> <br />To: <br />From: <br />Date: <br />Re: <br /> <br />Police Joint Powers Negotiating Team <br />Jim Keinath <br />Decembe~7,2004 . <br />Compensation to Circle Pines for Land and Lease <br /> <br />After reviewing this with the City Council, we are requesting the following compensation. <br /> <br />For the lease, the City of Circle Pines has invested over $36,500 in repairs and <br />enhancements to the building systems over the last couple years. The city's only <br />means of recouping that investment was the future lease payments. As a result, we are <br />requesting a payment from Lexington for buyout of their portion of the lease of $14,550. <br />We are requesting a payment of $16,975 from the City of Centerville. That would allow <br />for the termination of the lease on January 1, 2006, or the point the police department <br />moves into their new headquarter facilities. <br /> <br />As to compensation for the value of the land, Circle Pines only wishes to recover its <br />costs.of acquiring the land. If the Police Governing Board is willing to compensate the <br />City of Circle Pines for it~ cost of acquiring the land from Anoka County, including the <br />costs of surveying, engineering and legal work from the buitding bonds proceeds, then <br />the city will at the end of the lease deed the land to the other cities in the appropriate <br />percentages for a dollar. To date we have incurred $5,663 in engineering costs and <br />$8,500 in surveying costs. There is probably another $1 ,000 in legal costs. At this point <br />it is unclear whether the county will actually require us to trade a portion of the city's <br />property adjacent to the site for the land from the county. If they do require the transfer <br />of that property, the city would request reimbursement for a mutually agreed upon value <br />for the traded property. <br /> <br />-JWKllg <br /> <br />;?tJ <br />