City of Madison - File #: 19793

• File #: 19793
• Version: 1
• Name: 4494 Disposal - 1313 Troy Dr.
• Type: Resolution
• Status: Passed
• File created: 8/31/2010
• In control: BOARD OF PUBLIC WORKS
• On agenda: 10/19/2010
• Final action: 10/19/2010
• Enactment date: 10/20/2010
• Enactment #: RES-10-00852
• Title: Accepting an Offer to Purchase from Sara Herpolsheimer and Donald Kidd for a portion of the City-owned public walkway parcel located at 1313 Troy Drive.
• Sponsors: Satya V. Rhodes-Conway

Date	Ver.	Action By	Action	Result
10/19/2010	1	COMMON COUNCIL	Adopt	Pass
10/6/2010	1	BOARD OF PUBLIC WORKS	RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER	Pass
9/20/2010	1	PLAN COMMISSION	Return to Lead with the Recommendation for Approval	Pass
9/7/2010	1	COMMON COUNCIL	Referred
9/7/2010	1	BOARD OF PUBLIC WORKS	Refer
9/1/2010	1	Community and Economic Development Unit	Referred for Introduction

Fiscal Note
Estimated net sales proceeds of $7,400 will be credited to the City General Fund.
Title
Accepting an Offer to Purchase from Sara Herpolsheimer and Donald Kidd for a portion of the City-owned public walkway parcel located at 1313 Troy Drive.
Body
WHEREAS, the City is the owner of a parcel of land located at 1313 Troy Drive, which is designated for public walkway purposes and is depicted on attached Exhibit A (the “City’s Parcel”); and

WHEREAS, Sara Herpolsheimer and Donald Kidd (collectively, the “Buyers”) are the owners of the adjacent residential property located at 3629 Becker Drive, as depicted on attached Exhibit A (the “Buyers’ Parcel”); and

WHEREAS, the Buyers wish to acquire that portion of the City’s Parcel denoted as the “Sale Parcel” on attached Exhibit B; and

WHEREAS, public sidewalk improvements are located in only the westerly portion of the City’s Parcel; there are no City improvements or facilities located within the limits of the Sale Parcel; and

WHEREAS, the City Engineer supports the sale of the Sale Parcel as it will reduce the City’s maintenance costs of the City’s Parcel and as it will also add the Sale Parcel to the City’s tax roll; and

WHEREAS, the City’s Office of Real Estate Services and Engineering Division staff have reviewed the Offer to Purchase and concur with its terms and conditions.

NOW, THEREFORE, BE IT RESOLVED, that the City of Madison (“City”) hereby accepts an Offer to Purchase from Sara Herpolsheimer and Donald Kidd (collectively, the “Buyers”) for a portion of the City-owned property located at 1313 Troy Drive, as shown on attached Exhibit B (“Sale Parcel”); subject to the following conditions:

1. The total purchase price for the City’s interest in the Sale Parcel shall be at the rate of Five Dollars ($5.00) per square foot, based on the number of square feet of land in the Sale Parcel as shall be verified by the Certified Survey Map to be prepared pursuant to Paragraph 3. The purchase price shall be ...