W.O. 16-12, 4th Avenue North & Division Street Capacity Improvements, includes the design and reconstruction of the intersection.  The construction was awarded to Ace Electric, Inc. by the City Council on October 11th, 2016.  During design of this project, it was determined that privately-owned land extended into the existing street section.  Accordingly, the City has negotiated with the property owner for the sale of a portion of their property that has public infrastructure so it will become public right-of-way.  An appraisal was performed and determined the value of this land to be $4,200.00.  Approval of this contract will authorize the City to purchase this portion of land.

 The City Council may :

• Approve the contract authorizing the City to purchase this land and for the Mayor to execute necessary documents; or,
• Do not approve the contract authorizing the City to purchase this land and the City will not purchase this property.  Portions of the street and sidewalk will be remain on private property.

Funding for the purchase of this land will use arterial fees. The appraised value of the land is $4,200.00.

Staff recommends that Council approve the contract and authorize the purchase of this land for $4,200.00.