DEPARTMENT: Parks, Facilities, and Fleet Management
FILE TYPE: Consent Action
TITLE
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Authorization To Acquire Oliver Family Property In City Of Empire
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RESOLUTION
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WHEREAS, the 22.43-acre Susan and James Berdahl, Amy Severson, Frederick M. and Mary C. Severson, and Charlotte Oliver (Oliver Family) property, located immediately northeast of the intersection of State Highway 3 and County State Aid Highway (CSAH) 66 in the City of Empire, is included in the approved master plan for the North Creek Greenway; and
WHEREAS, the Oliver Family had been marketing their property through a real estate broker and were willing to work with the County to protect the property for public benefits if the County would provide $20,000 in earnest money during such time as it took the County to appraise the property and make an offer; and
WHEREAS, by Resolution No. 24-088 (February 27, 2024), the County Board of Commissioners authorized the Physical Development Division Director to execute a $20,000 Option to Purchase Agreement with the Oliver Family that was fully executed on April 8, 2024; and
WHEREAS, an independent appraisal of the Oliver Family property was completed, reviewed, and approved by County staff; and
WHEREAS, the Oliver Family has agreed to sell their property for $147,000 (5% more than the $140,000 appraised value) and have requested that the County pay the five percent broker fee, or $7,350; and
WHEREAS, the estimated closing costs are $2,500; and
WHEREAS, the Physical Development Division Director is required to sign the purchase agreement (PA) to acquire the Oliver Family property; and
WHEREAS, the Oliver Family property acquisition and closing costs are eligible for a 75 percent Acquisition Opportunity Fund (AOF) grant through the Metropolitan Council (MC), and the $7,350 broker fee is not eligible for AOF reimbursement; and
WHEREAS, an AOF grant can be submitted to the MC after a PA is signed by the PDD Director and the Oliver Famil...
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