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Department Approval �-�- Item Description: BACKGROUND �� ti � REQUEST FOR COUNCIL ACTION Date: 6/16/2014 Item No.: 13.a City Manager Approval ��.-�>-�-- Approve Memorandum of Agreement for the Purchase of Right-of-Way for the Twin Lakes Improvement Project In 2009, the City received a$1 million federal appropriation for public infrastructure work within the Twin Lakes Redevelopment Area. These funds were identified to be used to purchase the right of way necessary to construct Phase 3 of Twin Lakes Parkway, between Prior Avenue and Fairview Avenue. This is the logical next step to preserve the opportunity to construct Phase 3 of the Parkway when it is needed. When federal funds are used, the "acquiring authorities" need to meet the provisions of federal law titled � The Uniform Relocation and Real Property Acquisition Policies Act of 1970, as amended (also known as The Unifarm Act or simply The Act), together with those regulations which implement The Act. �� Confarmance with applicable federal policies and regulations are required to use the federal funds to �� acquire this right of way. , The right-of-way being acquired is shown as Parcels 1-4 in Attachment B. The right-of-way is spread over four individual parcels owned by PIK Terminal Company. � Over the past several months, the City's consultant has been warking with the property owner in order : to establish a mutually agreed upon purchase price. As part of this process, the City obtained appraisals � of the value of the right-of-way being acquired and the property owner also obtained an independent �� appraisal of the proposed acquisition. Ultimately the parties reached a negotiated price for the right-of- � way subj ect to Council approval and an agreement reflecting that price is being presented to Council in � a closed session for discussion. � This agreement should be approved subject to the condition of the procurement of title insurance �� policies for the properties satisfactory to the City. The process of obtaining said title insurance is 6 currently underway. � COMPREHENSIVE PLAN COMPLIANCE �. Minnesota Statute 462356 establishes how a City is to effect or realize the goals of its Comprehensive � Plan once adopted. This particular statute, among other things, requires the City to review all proposals ti by the City to acquire or dispose of land and to make findings as to the compliance of the acquisition � and/or disposal with the Comprehensive Plan. r Staff believes the purchase of the property is in compliance with the Comprehensive Plan as it meets the F following policies and goals of the Roseville Comprehensive Plan: General Land Use Goals & Policies Page 1 of 3