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Department Appir <br />: 9 <br />REQUEST O r COUNCIL ACTION D A ; <br />ITEM N0e: 4 1 <br />Manager Reviewiled. <br />iq� Pill <br />Council 11 As the Cl,zy made. determination <br />that the City parkland adjacent to the new Zeece plat, would <br />not r _ <br />Based decision, a <br />back .. City has the f irst right ol <br />refusal to purchase that properity. I <br />310 'The total, coist of the property less the City's 20% returned <br />$98,,,230 <br />costs is attached), <br />41 The piropertiy that was previously purchased by Roseville frold <br />Mr.1 Zeece sold for $38,,500, less the utility costs which <br />created, an effective, cost of $2.30 Rer sig.—ft, <br />Is <br />5* in, comparlson,i the cost of the 2.02 acres of County land *1 <br />,$11,.12 unimproved vis, the $2.30, unimproved sq. ft. cost tha <br />was pal • s <br />Alternatives <br />1 9i Tihe City could let ianoth,eilr purchase land if it <br />decides, not to movie forward wi ith the purchase f rom Ram.sey <br />County. <br />29 'The City coluld "pass" on _ a for this <br />price property, and enter the auction in an attempt to get a better <br />f iI II `1 M1 <br />Based price unimproved of <br />appraised 2�.3 pier sq,. ft. paid on the Zeece property,, staff <br />would recommend purchase of the adjacent properties for the <br />net cost of $981230,11111, <br />