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80-2828 CITY OF HOPKINS Hennepin County, Minnesota RESOLUTION NO. 80-2828 RESOLUTION ESTABLISHING THE FAIR MARKET VALUE AND AUTHORIZATION TO MAKE OFFERS FOR ACQUISITION OF 309 - 13TH AVENUE NORTH. WHEREAS, the Hopkins City Council has approved a program by Resolution No. 79-2777, for the acquisition of substandard and unsafe housing within the City, and WHEREAS, the City has identified a property for acquisition located at 309 - 13th Avenue North, (24-117-22-24-0098 , Lot 15, Block 96 , West Minneapolis Second Division) , and WHEREAS, the said premises were duly inspected as required by law by the Housing Inspector of the City of Hopkins, and that said premises were found to be in violation of the Uniform Housing Code and in need of immediate rehabilitation, and WHEREAS, the minimum cost of such rehabilitation would far exceed the fair market value of said dwelling now located thereon, its condition being such that the cost of repairs in compliance with the inspector' s requirements are not justified, and WHEREAS, said premises have been duly appraised by a competent, disinterested, impartial appraiser in accordance with applicable State Laws and procedures and the Department of Housing and Urban Development policies and requirements, and such appraisals has been thereafter reviewed by the City Appraiser for tax purposes of the City of Hopkins who has accepted and approved the appraisal hereinabove mentioned in the sum of $35 , 000 . 00 . NOW, THEREFORE, it is hereby resolved by the City Council of the City of Hopkins as follows : 1. That the dwelling structure located upon the parcel of land hereinabove described, the address of which is 309 - 13th Avenue North, Hopkins, Minnesota, shall be acquired from the owners by the City of Hopkins Office of Community Development at the sum of $35, 000. 00, 410 which sum is hereby established as the final estimated market value of said property. 2. That the appraisal in the sum of $35, 000. 00 for the im- provements located on said premises as above reviewed and approved is hereby determined to be the fair and reasonable market value thereof. 3. That the City' s staff and its Attorney is hereby authorized to acquire the subject properties by purchase, donation, or proceeding in eminent domain if necessary. Passed and adopted by the Hopkins City Council at a regular meeting held the . 20thday of May 1980. H. E. RICHARDSON, JERRE A. MILLER, City Clerk Mayor IIP JOSEPH C. VESELY, City Attorney