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COIlMrii meeting <br />•■ftl 9 2004 <br />REQUEST FOR COUNCIL ACTION ^ITY OF ORONO <br />DATE: Februaiy 6,2004 <br />ITEM NO: } <br />Department Approval: <br />Name Ron Moorse <br />Titk City Administrator <br />Administrator Reviewed: <br />ff') <br />Agenda Section: <br />City Administrator's Report <br />Item Description: Lease with Mn/DOT Related to the Lurton Property. <br />When Mr. William Lurton donated 39 acres of land to the City in December of2000, it was agreed <br />that Mr. Lurton and his family would be allowed to continue to use the property, including the <br />existing house and bam, until ^e property was needed by Mn/DOT. Although Mn/DOT does not <br />need to use the property until April of2005, Mn/DOT has acquired the property through a quick-take <br />condemnation process. Although Mn/DOT has agreed that Mr.Lurton and his family can continue <br />to use the property until March 31,2005, Mn/DOT’s property acquisition rules require that Mn/DOT <br />needs to charge fair market rent when someone uses Mn/DOT property. <br />At the time of the initial hearing regarding the condemnation, the City agreed to enter into a lease <br />witii Mn/DOT to enable Mr. Lurton to continue to use the property. The monthly lease amount is <br />$1,200.00. The lease expires on March 31,2005. Mr. Lurton is aware of, and agreeable to, the term <br />of the lease. The lease payments will be made by the City using the funds received from Mn/DOT <br />for the acquisition of the Lurton property. <br />COUNCIL ACTION REQUESTED: <br />Motion to apint)ve the lease with Mn/DOT for the Lurton property, with a monthly lease rate of <br />$ 1,200.00, and an expiration date of March 31,2005, and to approve a budget adjustment reflecting <br />the lease payments being made by the City using the funds received from Mn/DOT for the <br />acquisition of the property. <br />I