Laserfiche WebLink
ty of <br /> MEMORANDUM <br /> AkRiver TO: Mayor & City Council <br /> FROM: Pat Klaers, City Administrator <br /> DATE: October 30, 1995 <br /> SUBJECT: Cass Property <br /> The city has had a long-standing goal of obtaining land and developing an <br /> active recreation field complex. The focus has mainly been on youth fields for <br /> soccer and baseball, but the need also includes adult softball. Another <br /> different goal of the city that relates to this proposal is the ultimate need to <br /> obtain more land for the disposal of Wastewater Treatment Plant (WWTP) <br /> sludge material. <br /> The city has been looking for suitable land for the development of youth <br /> recreation fields for a number of years and the city has basically been <br /> unsuccessful in its attempts to locate available land. In the last year or so, <br /> • the Jack Cass property has become available, and this land appears to meet <br /> our needs for the future development of youth recreation fields and for <br /> providing additional land for the disposal of WWTP sludge. <br /> The property under evaluation is 115.65 acres in the southeast part of the <br /> community. This land is directly south of the 120 acres that the city obtained <br /> a few years ago for the disposal of WWTP sludge. It is believed that this site <br /> will be outside of the ultimate city sewer and water district and that Elk <br /> River municipal utilities may very well never reach this property. (Please <br /> see the attached maps.) <br /> The City Council reviewed this proposed land purchase at its 9/25/95 meeting <br /> and directed me to pursue a purchase agreement for its consideration. The <br /> proposed purchase agreement calls for the land to be purchased for $2650 per <br /> acre or $306,472.50. This price is 6 percent higher than the $2500 per acre <br /> market value opinion that is in the appraisal that the city had completed for <br /> this property. This price is also about 2.47 percent above the average of the <br /> adjusted sales rate of$2586 per acre that was used to determine the <br /> recommended value. This appraisal was completed by Riverside Appraisals <br /> in July, 1995. <br /> I had very little chance of getting Mr. Cass to accept the $2500 per acre <br /> . amount, but I believed I had a reasonable chance to get Mr. Cass to accept <br /> 13065 Orono Parkway • P.O. Box 490 • Elk River, MN 55330 • (612) 441-7420 • Fax: (612) 441-7425 <br />