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The other option, which the property owner requested to be considered, was for the City to obtain fee <br />title to the 4,800 square feet of property north of Long Lake Creek as shown on the attached Exhibit <br />B. We still need to obtain 1,000 square feet of permanent easement south of the creek for the <br />installation and future maintenance of the culverts, and 225 square feet of temporary easement for <br />construction of the new road. This option provides for a more logical north boundary for Mr. RydelPs <br />property. Although there is limited advantage for the City to own this property, we are recommending <br />consideration of this option in order to provide a more logical property teundary for this property, <br />and to facilitate the easement acquisition process. The City’s offer for this option was $4,000. This <br />results In a value of $0.70 per square foot for this property and easement acquisition which is <br />reasonably close to Hennepin County’s valuation for this property. The property owner has stated that <br />he will accept the City’s offer for this option. <br />Our staff recommendation is for approval of the option for the City to obtain fee title to the 4,800 <br />square feet of property located north of Long Lake Creek, and 1,000 square feet of permanent <br />easement and 225 square feet of temporary easement south of Long Lake Creek a t a cost of $4,000. <br />Our recommendation is that the costs for this property and easement acquisition be funded from the <br />Storm Water Utility 1 und. <br />COUNCIL ACTION REQUESTED: <br />Motion to approve payment of $4,000 of to Edmund Rydell, 135 Orono Orchard Road North, for <br />easements for the l ong Lake Creek Culvert on Orono Orchard Road. Funding to be from the <br />Storm Water Utilitv Fund year 2002 budget with a budget adjustment approved to reflect this <br />expenditure. <br />Page 2 of 2