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RESOLUTION NO. S9-RCf
A RESOLUTION APPROVING APPRAISAL OF VALUE FOR CERTAIN EASEMENTS
ON WEDGEWOOD DRIVE
WHEREAS, by Resolution No. 108-88 passed by the Shorewood City
Council on September 26, 1988, the City Council authorized the acquisition
by eminent domain of certain easements for the widening and straightening
of Wedgewood Drive, which easements are described in Exhibit A, attached
hereto and made a part hereof; and
WH ERE AS, pursuant to such authorization, the City retained the
firm of Johnson and Liedl Appraisal to conduct an appraisal to determine
the diminution in fair market value of the parcels of land affected by the
taking of said easements; and
WHEREAS, Johnson and Liedl conducted such an appraisal and set
forth their opinion of value in their report dated April 9, 1989, which
report is attached hereto and made a part hereof as Exhibit B.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
S horewood as follows:
1. That the City Council hereby approves the Appraisals of Value
set forth in Exhibit B for the easements described in Exhibit A.
2. T hat the City shall pay to the owners of the parcels or
deposit with the court an amount equal to the said approved appraisal of
value.
ADOPTED BY THE CITY COUNCIL of the City of Shorewood, Minnesota, this 10th
day of July, 1989.
ATTEST:
Sandra L. Kennelly, City Clerk
Roll Call Vote:
Ayes -
Nays -
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F/mc.Ea..lttJ. 1. (33-117-23-22-0030)
^ penllllllent easelllent for ...ondwny and utility purposes over, under. across the
westet'ly 15.00 fetlt of. that I"H"t of the Northwest Cluarter of the Northwest
Cluart~... of Secl10n JJ. low"shl" 117, Hnnye 23. lIenllepln County, Minnesota,
desc....bed as cOIlIIlImclnyat the 1l0rU"'1est con"?r of said Northwest quarter of
the No...thwest ('un....te...; thence South 35 ,"od!;. thence East 30 ...ods, thence South
10 nHIs. thence North 6'1 deyt"er.s 30 1/2 mlnutf!s East '17'1.0 feet, thence South
1'1 de~I"ees. 37 mlnules East 20.'1 feet lo point of beginning of land to lJe
desct'llJed, thence South 6'1 deyn~es 30 1/2 mlnlltes West 251.9 feet, thence South
5 deyt"ees (:6 mlnlltes East J01.7 feet right of way of the Mlnneapolfs and St.
Louis HallNay CompallY. thence No,'theasterly along said right of way 3JO feet,
thence tlr)rth Jt1 (leg'"ees 37 minutes West 190.6 feet to point of lJeylnnlny, whIch
lies southeasterly of the f1ot'thwesterly 130.UO feel thereof.
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E'EE OWNElh LWYO C. BI\t:/IE /\NO LENOR/\ G. BI\CIIE. IIUSB/\ND /\NO WIFE
TORRENS NO.. 564803
, 10RTGI\GEE . NONE
EXHIBIT A-l
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Fl\nCE1. IIV_. 11\. (33-11 7-23-22-0029)
l "et'h1allent easelllellt for ruad\'lay nllel utll I ty pUt'puses over. under, and across
.he westet'ly 15.0U fet'tof the t1ot.thwesterly 130.0U fer.t or that part of the
lorthwest {Juat"ter of. the Northwest {lunrter or Sr.ctiUIl 33, Township 117, Range
'J, IIcnne"ln Coullty. Minllesota, dcscdbed as cOhlcncfng at the not"lhwest corner
If said Horthwest {/uarter or t1H! Not"thwest ClIHlt"tet"; thence South 35 rods.
Itellce East 30 t'ods.' thence Soulh 10 rods. thence Not'th 6'1 degl-ees 30 1/2
dnutes East '11'1.0 feet. thct":e Suuth l'1 dr.t,rees. 37 minutes East 2U.'I feet to
oint of the beylnltiny uf IOlltl to he desct'li,ed. thence South 6'1 uegn:!es JU 1/2
illlllles Hest 251.9 ft!et, t.hence South 5 uegt'ees 2(; mlnules East JU1.7 feet to
'ight of way of lhe Nlnnel'ulis alltl St. touis Halhmy Company, thence
IU'"lheilsterly alullY sold t'lyht of JJU feet, thence North 111 deg,-ees 37 minutes
lest 19U.6 feet tu point of lJeyllllllllU.
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H1E OHNER I l~lCII^HU F. t,ouLUIUOGE rum R/\.E WOOLUlUUGE, IIUSB/\NO /\NO WIFE
'l'OnnENS NO. I 564002.
1I0R'fGI\GEE. NonWEST B/\NJ< UN, NI\TIONI\L I\SSOCII\TION
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EXHIBIT A-2
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.fMCEJ.. NU. 2. (33-117-23-22-0002)
A permanent eosellrcnt for r'oacJwoy al,,1 ut'llty purposr.s over, under, and across
tho e8stet"ly 15.0U feet of that pnt't of lot 10, Auditor's SubdivisIon Number
One Illmdred lhft'ly-lhr'ee (133) lIellllcpln County, Nltlllesoto. descdbed as
follows; COlllllencltly al thl! tlorlhwesl(!t'ly corner of sold lol lU; lhence Norlh
till degrees, 3U 1/2 mltlules Enst 20'1.9 fcet lo the Easterly line of snld lot lU;
lhence Soulhenslerly along said Easler'ly 1111e a 1I1slallce of 120 feel; thence
Suulh 76 degrees, 19 lillnutes W(!st 276 feet, more of less, to a po1l1t III tile
Wesler'ly lIne of said lut 10, lI1slalll 90 feet Soulhwesterly from the poInt of
begfnn1n~1i thenc(! Nu,'l;hetlslerly olol1g salll Hesle,'ly 1111e to the point of
lJegfllnl"y. Except therefrulII the soUlJlCt'ly 3 feet thereof.
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TORRENS NO.. 666181
FEE OWNER. T. J. F/\RRELL MU J. H. 1I0LY, J\S JOl.N'f 'l'ENl\NTS
1I0RTGl\GEE. fUNNESOTl\ HOUSING FINl\NCE l\GENCY
EXHIBIT A-3
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PARCEL NO.3. (33-117-23-22-0003)
That part of Lot 10, Auditor,ls Subdivision Number One Hundred Thirty-Three
(133) Hennepin County, Minnesota. described as follows: Commencing at the
Northwesterly corner of said Lot 10; thence North 64 degrees, 3B 1/2 minutes
East 204.9 feet to the Easterly line of said Lot 10; thence Southeasterly along
said Easterly line a distance of 120 feet, to the point of beginning of the
tract to be described; thence continuing Southeasterly along said Easterly line
a distance of 100 feet; thence South 76 degrees, 19 minutes West 263.5 feet,
more of less to a point in the Westerly Line of said Lot 10, 200 feet
Southwesterly fr'om the Northwesterly corner of said Lot 10; thence
Northeasterly along' the Westerly line of said Lot 10 distance of 110 feet;
thence Northeasterly to the point of beginning.
lhe Southerly 3 feet of that part of Lot 10, Auditor's Subdivision Number One
Hundred Thirty-Three (133) lIennepin County, Minnesota, described follows:
COIlMnencing at the Northwesterly corner of said Lot 10; thence North 64 degrees,
30 1/2 minutes East 204.9 feet to the Easterly 1 ine of said Lot 10; thence
Southeasterly along said Easterly line a distance of 120 feet; thence South 76
degrees, 19 minutes West 226 feet, more or less, to a point in the Westerly
1irle of said Lot 10, distant 90 feet Southwesterly from the point of beginning;
thence Northeasterly along said Westerly line to the point of beginning, said 3
feet being measured at right angles to the Southerly line thereof;
A peImlUlent easement for roadway and uti 1 i ty purposes over, rmder, and across
the easterly 15.00 feet of the above described parcel.
CONTRACT VENDOR.
~'l'HUR E. AHLM AND DELORES J. AHLM, HUSBAND AND WIFE
CONTRACT VENDEE.
JAMES TIHO'l'HY KINSEY AND JEAN WAKEFIELD KINSEY,
AS TRUSTEES OF KINSEY TRUST
TORRENS NO..
,700408
HORTGAGEE.
FIRST HINNESOTA SAVINGS BANK
EXHIBIT A-4
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PARCEL NO. 41 (33-117-23-22-0004)
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That part of lot 10, Auditor's Subdivfsion Number One Hundred Thirty-Three
(133) Hennepin County, Ninnesota, which lies southerly of the following
described line: Commencing at the North\'/ester1y corner of said lot 10. thence
Not'th 64 degrees, 38 1/2 minutes East 204.9 feet to the Easterly line of said
lot 10. thence Southeas terly along sa idEas terly 1 i ne a di stance of 220 fee t,
to the point of beginning of the line to be described; thence South 76 degrees,
19 minutes West 263.5 feet, more or less to a point in the Westerly line of
said lot 10, 200 feet Southwesterly f"om the Northwesterly corner of sa1d lot
10 and said 1 ine there terminating.
^ perma.nenl easement for roadway and utility pUt'poses over, under. and across
the easterly 15.00 feet of the alJove described parcel.
FEE OWNER.
JOSEPH M. DRESSEL AND AUDREY E. DRESSEL, HUSBAND AND WIFE
TORRENS NO..
427898
MORTGAGEE I
FEDERAL IDVIE LQ\N lVI:RIUAGE <lJJlIURATIrn
EXHIBIT A-5
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Johnson and Uedl Appraisal
real estate valuation and consultation
32 Tenth Avenue South
Hopkins, Minnesota 55343
Suite 210
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(612) 931-0240
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April 9, 1989
Mr. Glen Froberg
city Attorney
City of Shorewood
17736 Excelsior Boulevard
Minnetonka, Minnesota 55345
Dear Mr. Froberg:
At your request an appraisal, to estimate the diminution in
fair market value of the fee simple interests as of February 22,
1989, has been made of 4 parcels requiring permanent easements
for the following project:
Sight Line Improvement
Wedgewood Drive
Shorewood, Minnesota
Fair Market Value is defined as the most probable price in
cash, terms equivalent to cash, or in other precisely revealed
terms, f~r which the appraised property will sell in a
competitive market under all conditions requisite to fair sale,
with the buyer and seller each acting prudently, knowledgeably,
and for self-interest, and assuming that neither is under undue
duress.
Based upon our personal inspection and consideration of the
factors influencing value, the Fair Market Values of the easement
rights to be acquired in these properties as of February 22,
1989, are estimated to be:
Parcel Estimated Easement
Number Fee Owner of Record Market Value
33-117-23-22-0030 Lloyd C. Bache $4,900
33-117-23-22-0029 Richard F & Rae Wooldridge $3,050
33-117-23-22-0002 T.J. Farrell & J.M. Holy $2,200
33-117-23-22-0003 James Kinsey $2.750
TOTAL OF ESTIMATED VALUES
$12,900
EXHIBIT B-1
Jeffrey A. Johnson, MAl, ASA
Cletus C. Liedl, MAl, SRPA
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This opinion of value is subj ect to the Assumptions and
Limiting Conditions set forth in the accompanying report.
Respectfully submitted,
Johnson and Liedl Appraisal
~t/J
Cletus C. Liedl, MAl
EXHIBIT B-2
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