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09-042CITY OF SHOREWOOD RESOLUTION NO. -042 RES OLUTION APPRO VING O RIGHT-OF-W EXCH,IVGE WHEREAS, the City of Shorewood, identified the need for additional Right -of -Way on Smithtown Lane for construction of a cul -de -sac; and WHEREAS, Hennepin County owns property identification # 32- 117 -23 -13 -0035, Outlot A Smithtown Circle plat, which is available for purchase; and WHEREAS, Richard & Joan Whetston of 26040 Smithtown Lane would accept property identification # 32- 117 -23 -13 -0035 in exchange for the needed Right -of -Way to construct a cul -de -sac at the termination of Smithtown Lane. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood as follows: The City of Shorewood authorizes staff to acquire property identification # 32- 117- 23 -13- 0035, Outlot A Smithtown Circle plat, from Hennepin County for fair market value as shown on Exhibit A for $592.70; and BE IT FURTHER RESOLVED that the City Council of the City of Shorewood authorizes staff to pay conveyance fees and convey said property upon receipt of deed to Richard & Joan Whetston in exchange for Right -of -Way as shown on Exhibit B. ADOPTED by the City Council of the City of Shorewood this 27th day of July, 2009. Christine Lizee, Mayor ATTEST: From: Marilyn Bell - Hennepin County Tax Forfeited Lands Date: 07/17/09 Call 612-596-6589 1112111,11 ZKOK"M Assessed Value Specials After Forfeiture Assurance Fee (3%) State Deed Preparation Fee: Filing Fees: {TFL to file deed} State Deed Tax: { $ 1.70 / $500 or part thereof - see chart CERTIFIED FUNDS PAYABLE AT TIME OF APPLICATION MAKE PAYABLE T02 HENNEPIN COUNTY TREASURER SUBJECT PARCEL: 26 Address Unassigned PID NUMBER: 32-117-23-13-0035 PREPARED FOR: City of Shorewood FAX #: 952-474-0128 $500.00 $0.00 $15.00 $25.00 $51.00 $1.70 Calculated: 17-Jul-09 Exhibit A Prepared by.• Smithtown Lane WSB Project No. 1459 -33 Date 7 /17/09 ai 701 Xenia Avenue South, Suite 300 Street Improvements r j wS //�S Minneapolis, MN 55416 'L!' www.wsbeng.com Parcel Sketch k Associates, Inc. Parcel 1 d' „- 764597 -0600fm 76&541 -i1W D S? INFRASTRUCTURE =ENGINEERING -- PLANNING .;CONSTRUCTION City of Shorewood, Minnesota E xhibit B Y