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3.14. SR 03-20-2006 City of Elk River REQUEST FOR COUNCIL ACTION Agenda Section Meeting Date Consent March 20, 2006 Item Description Schubert Pro erty Acquisition Introduction As the City Council is aware, Mr. and Mrs. Alan Schubert are the owners of three parcels of property at the north end of the County Highway 40 realignment that need to be acquired. Discussion As discussed with the City Council on February 21,2006, I have met with the Schubert's and arrived at a price of $70,000 for the 1.25-acre area of property southeast of CSAH 13 on the new County Highway 40 alignment. Financial Impact The financial impact of purchasing this land is $70,000. Attachments . Quit Claim Deed for the 3 parcels of land . Portion of the Sherburne County Highway Right-of-Way Plat No. 30 showing the three parcels Action Requested Approval of the purchase of the Shubert property. Council Action Motion by _ Second by _ Vote Follow Up S:\EngineerImprovProj\2006 Improvement Projects\County Highway 40\03 2006 CC memo.doc ......................... (;p~ce. abo;; ii~e ~;;,ye(t 10; m~rdj~g p~-,p~;~;: .do ~o; ~~it~ in~; ~~~~~ej................................. QUITCLAIM DEED Individual to Corporation DEED TAX DUE: $ Date: ,2006. FOR VALUABLE CONSIDERATION, Alan C. Schubert and Julann M. Schubert, husband and wife, Grantors hereby convey(s) and quitclaim(s) to the City of Elk River, Grantee, real property in Sherburne County, Minnesota, described as follows: o o v N I I.(") N ..... I L() I"- Parcels 32, 33 and 34, Sherburne County Highway Right-of-Way Plat No. 30 according to the map or plat thereof on file and of record in the office of the Sherburne County Recorder. Being part of the SE 1f4 of the NW Y4 of Section 25, Township 33N, Range 26W. Together with all hereditaments and appurtenances belonging thereto. Affix Deed Tax Stamp Here STATE OF MINNESOTA }~. COUNTY OF The foregoing instrument was acknowledged before me this day of ,2006, by Alan C. Schubert and Julann M. Schubert, husband and wife, Grantor(s). NOTORIAL STAMP OR SEAL (OR OTHER TITLE OR BANK SIGNATURE OF NOTARY PUBLIC OR OTHER OFFICIAL Tax Statements for the real property described in this instrument should be sent to: THIS INSTRUMENT WAS DRAFTED BY: City of Elk River 13065 Orono Parkway Elk River, MN 55330 SHERBURNE COUNTY PUBLIC WORKS DEPT. 425 JACKSON AVENUE ELK RIVER, MN 55330 Ii lili i~ I~ ~i ~1Il I~ ;I ~ i ~ ,,'\ ~; ~ I ,~ \ ~ ~ ~ m m ~ ~ ~ ~ ~ I m ~ ~f S~ ;~ fa , I I~{ 1/; NorlhLheofltleSWI/~ 1 ~ . ~ th.'.5C~4 0:: ~'\ s'i1:+W"":-jd I I I:l ~ ~ I ~ ~:~ ~'\. ':", ~: ~ -~1 --1 f;~ ~: \. rT~ ~-\ .:.< i , ..~...raIlJNEC I i'U'+W';-:)d- -IT f."'V \. South ate of tM NW1/4::l I Ii; t {" oftll. 5Cf/4 of See 25 1 &l I 1 \(\ ;! \! .- i[ ( j,"h I \~ \- 1:1 I .... '~ ..~ ~\ -:.~\ \,'\ r't~ , I , , ~ ill I . , ,~ \;i ':: 1:1 ;:! .., ~~\. 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