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HomeMy WebLinkAboutA015 - Council Action Form dated February 26, 1991 _t COUNCIL ACTION FORM Item # a? Date: February 26, 1991 SUBJECT: Conveyance of property at-Sotiit �� rh�ra _,,j e �ai_ i►crri ��x� �2' QuikTrip. BACKGROUND: City Council approved a site plan which -d.lows' KN.JTWVMrJ c(.-) str.uct a new store located at the southwest corner of Lincoln Wa-., and South Dakota Avenue. QuikTrip will vacate the store on the east side of South Dakota when the new store is coamleted. This move is being done to improve traffic flow from South Dakota to QuikTrip. The traffic flow was affected when the South Dakota and Liti.ccln Wav intersection h-morove.ments project was constructed. The City of Ames agreed to facilitate this relocation by selling excess City property at the southwest corner of Lincoln Way and South Dakota to QuikTrip. This property is Highway right of way which was a part of the original Lincoln Highway, This right of way is no longer necessary for street purposes. Conveyance of this land is part of the (levelopment of QuikTrip Subdivision and must be done to facilitate final platting of the QuikTrip Subdivision. The amount of compensation for the property is determined by the City policy for disposing of excess property. The agreed sale price i.s $4,187.00. MANAGER'S RECOMMENDED ACTION: It is recommended by the Manager that; the City Council 3nprove the conveyance of the excess right of way at the southwest corner of Lincoln Way and South Dakota to QuikTrip Inc. COUNCIL ACTION: JB:Orig