DEPARTMENT: Parks, Facilities, and Fleet Management
FILE TYPE: Consent Action
TITLE
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Authorization To Execute An Option To Purchase Agreement And To Appraise And Negotiate Acquisition Of Oliver Family Property In City Of Empire
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RESOLUTION
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WHEREAS, by Resolution No. 11-517 (October 18, 2011), the Dakota County Board of Commissioners approved the North Creek Greenway (Greenway) Master Plan; and
WHEREAS, the Greenway Master Plan includes a section of the Vermillion River between North Creek in Farmington and the state Vermillion River Aquatic Management Area in the City of Empire (City); and
WHEREAS, the 22.56-acre Oliver property, located immediate northeast of the intersection of State Highway 3 and County State Aid Highway (CSAH) 66, is included in the Greenway corridor; and
WHEREAS, the property consists primarily of floodplain and flood fringe along 2,200 feet of the Vermillion River and does include a small area where a residential home could be built; and
WHEREAS, the Olivers are currently marketing the property through a real estate broker and have received a number of inquiries; and
WHEREAS, staff contacted the Olivers to determine if they were willing to work with the County to protect the property for public benefits; and
WHEREAS, the Olivers are interested and would be willing to take the property off the market if the County would provide $20,000 in earnest money as part of an Option to Purchase Agreement (Agreement) during such time as it took the County to appraise and make an offer; and
WHEREAS, the earnest money would be credited toward the purchase price if negotiations are successful but would be forfeited if the negotiations were not successful; and
WHEREAS, staff would work with the County Attorney's Office to develop the Agreement; and
WHEREAS, upon execution of the Agreement by the Physical Development Division Director and the Olivers, staff would appraise and negotiate with the owners to acquire the Oliver p...
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