HomeMy WebLinkAbout~Master - Approving land purchases for U.S. 30 and South Dakota Avenue interchange RESOLUTION NO. 00-415
RESOLUTION APPROVING PURCHASE PRICES FOR PARCELS
ON NORTH SIDE OF PROPOSED INTERCHANGE OWNED
BY MEADOW WOOD ASSOCIATES, THE ISU FOUNDATION,
AND TERRA FIRMA LP
FOR THE CITY OF AMES, IOWA
WHEREAS, over the past several years staff has been working to complete the layout and
design of an interchange to be constructed at the intersection of South Dakota Avenue and U. S. #30;
and,
WHEREAS, the interchange will provide more direct access from the west side of the
community to U. S. #30, and thus reduce the trips on the east/west routes in the area; and,
WHEREAS, it is also important to the commercial area at the intersection of South Dakota
Avenue and Mortensen Road; and,
WHEREAS, the land acquisition involves six parcels held by four owners; and,
WHEREAS,the following offers have been made and accepted by the owners of the parcels on
the north side:
Meadow Wood Associates (#1, Residential) $ 49,400
Terra Firm LP (Parcel#5, Residential) $ 1,122,800
Terra Firm LP (Parcel#4, Commercial) $ 480,000
ISU Foundation(Parcel#6, Agricultural) $ 1,000
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Ames,Iowa, that
the purchases prices for the parcels on the north side of the proposed interchange, as listed above, are
hereby approved.
ADOPTED THIS 22nd day of August, 2000.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Wirth
Seconded by: Goodhue
Voting aye: Campbell, Cross, Goodhue, Hoffman, Quirmbach, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 22nd day of August, 2000.