Fiscal Note
All acquisition costs, estimated at $75,000, but may exceed this amount following condemnation proceedings, to be charged to account CS53-54950-810378-53B2054-Other - Developer Expense, Owl's Creek - Phase I-Land/Easement - Acquisition Costs and reimbursed 100% by Developer.
Title
Determining a Public Purpose and necessity and adopting a Relocation Order for the City of Madison to purchase a portion of the property at 5102 Meinders Road, adjacent to the recently recorded Owl's Creek Subdivision, which is required for the planned public street improvements for Owl Creek Drive, and authorizing the Mayor and City Clerk to sign all documents necessary to accomplish the acquisition of said properties.
(16th AD)
Body
PREAMBLE
WHEREAS, the City of Madison Common Council approved Owl's Creek Subdivision per Enactment No. RES-05-00603 adopted on July 5, 2005; and
WHEREAS, the Owl's Creek Subdivision was recorded on November 9, 2005 in Volume 58-093B of Plats on Pages 477-480 as Document No. 4130685, Dane County Registry; and
WHEREAS, Owl's Creek Subdivision dedicated a portion of public street right-of-way for Owl Creek Drive along the east boundary of this subdivision; and
WHEREAS, the Developer of this subdivision, Nelson Development Group Corporation-Doug Nelson, was unable to negotiate the purchase of an approximate 30 feet by 330 feet rectangular portion of property owned by Donald R. & Bonita M. and Robbie R. & Stacie Peterson adjacent to the Owl's Creek Subdivision; and
WHEREAS, this rectangular portion of the Peterson property is required for the public street improvements for Owl Creek Drive, which will provide the necessary public street/transportation connection of Owl Creek Drive with Yesterday Drive in the adjacent Madison Commerce Park subdivision; and
WHEREAS, the City of Madison Engineering Division has established and entered into Private Contract No. 2054 - Engineering Project No. 53B2054 -Owl's Creek Subdivisio...
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