res_10798 - Laserfiche WebLink

Home

EXTRACT OF MINUTES OF MEETING OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Roseville, County of Ramsey, Minnesota, was held on the 22nd day of March 2010, at 6:00 p.m. The following members were present: Roe, Pust, Ihlan, and Johnson and the following was absent: Klausing Roe introduced the following Resolution and moved its adoption: RESOLUTION NO. 10798 APPROVING THE ACQUISITION OF PROPERTY FOR IMPROVEMENTS TO TWIN LAKES PARKWAY AND PRIOR AVENUE WHEREAS, redevelopment of the Twin Lakes area has long been identified in the Comprehensive Plan as an important priority for the City; and WHEREAS, the Department of Employment and Economic Development (DEED) will contribute funding to the City for the Phase 2 infrastructure improvements for the Twin Lakes area; and WHEREAS, the City must incur costs for the Phase 2 infrastructure improvements by December 31, 2010, to receive reimbursement from DEED; and WHEREAS, the improvements to Twin Lakes Parkway and Prior Avenue require the City to acquire additional property adjacent to the existing roadways; and WHEREAS, the City has identified the portions of adjacent properties necessary for the improvements; and WHEREAS, said portions of properties to be acquired are owned by Cobalt Industrial REIT II; and WHEREAS, acquisition of the properties is needed as soon as possible so that construction of the roads can be completed by the end of 2010 and the City can be reimbursed by DEED for certain costs associated w infrastructure improvements; and WHEREAS, the construction of the improvements to Twin Lakes Parkway and Prior Avenue necessitate the City obtaining temporary construction easements in order to access and perform the necessary construction; and WHEREAS, acquisition of the properties and temporary construction easements is necessary and for the public purpose of providing infrastructure improvements; and