HomeMy WebLinkAbout~Master - Date of Public Hearing on the Conveyance of City Owned Property at 734 E. Lincoln Way DO NOT WRITE IN THE SPACE ABOVE THIS LINE,RESERVED FOR RECORDER
Prepared by:City Clerk's Office,515 Clark Avenue,Ames,IA 50010
Return to:Ames City Clerk,P.O.Box 811,Ames,IA 50010 Phone:515-239-5105
RESOLUTION NO. 19-357
RESOLUTION SETTING DATE OF PUBLIC HEARING ON THE CONVEYANCE OF
CITY OWNED PROPERTY LOCATED AT 734 E. LINCOLN WAY
FOR THE CITY OF AMES
WHEREAS, at the December 18, 2018, meeting the City Council referred a letter from Audra
Saunders with the Newbrough Law Firm on behalf of DHN Investments regarding a City-owned parcel
at 734 E. Lincoln Way; and,
WHEREAS, this parcel was acquired by the City in the 1980s when the Southeast Well Field
was developed,and serves as the only means of access to the wells for operation and maintenance;and,
WHEREAS, the parcel divides 728 E. Lincoln Way, 728 E. Lincoln Way Rear, and 808 E.
Lincoln Way; and,
WHEREAS, the request was that the Council consider conveying the dividing parcel to DHN
Investments so that the abutting property owner may pursue consolidation of their three parcels into a
single lot; and,
WHEREAS,the City Council adopted a policy in 1992 that lays out a formula for establishing
the value when selling City streets and alleys; and,
WHEREAS, staff strongly recommends that the City retain ownership of the north 60' of the
parcel as right-of-way, thereby providing a northern property boundary and right-of-way that is
consistent with the parcel located immediately to the east; and,
WHEREAS,after subtracting out the retained right-of-way,the resulting parcel to be transferred
would be approximately 290.4' x 20', for a total of 5,808 square feet and multiplying this area by the
calculated sale price per square foot determined by the Council policy would yield a sales price of
$10,489.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,that
date of public hearing be set for July 23,2109,on the conveyance of City owned property located at 734
E. Lincoln Way less the northern 60' in the amount of $10,489, based on the Council policy for
establishing a sale price for City-owned property, is hereby approved.
ADOPTED THIS 16t'day of July, 2019.
Diane o , y Clerk John . H ss Cit aila, Mayor
Introduced by: Betcher
Seconded by: Martin
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin, Martin,Nelson
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 16t'day of July, 2019.