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HomeMy WebLinkAboutCC-11-21-94-10 Property Acqtil-2 i-_gq A RESOLUTION AUTHORIZING THE PURCHASE OF FEE SIMPLE INTEREST IN REAL ESTATE AND INTERESTS IN EASEMENTS WHEREAS, pursuant to Indiana statute, the Carmel City Council is required to pass a resolution authorizing the acquisition of real estate and any improvements; and WHEREAS, the Carmel City Council recognizes the need. to acquire additional real estate for water well sites to provide a supply of water to the Carmel Utilities water system; and WHEREAS, there exists a public purpose and necessity to acquire specific sites of real estate to provide an ample supply of ground water for the Carmel Utilities water system; and WHEREAS, pursuant to appraisals, the Carmel City Council now authorizes the payment of monetary amounts up to, but not exceeding the average of two appraisals for each specific site of real estate; and WHEREAS, the exact location of the legal description is based upon public necessity that a water supply exists at that location pursuant to extensive test results of water wells. WHEREAS, the legal descriptions of these sites are incorporated herein, made a part hereof and marked as Exhibit A. NOW, THEREFORE, be it resolved by the Common Council of the City of Carmel that: Section 1. The specific site of real estate and/or easement, commonly described as legal description, incorporated herein and $ ~ Zd ~ereo2? made a par~" '~ Exh' it B, Parts 1-13, is incorporated herein and Section 2. Be it further resolved that the Common Council of the City of Carmel, hereby authorizes all provisions to take place .immediately of this resolution and any section, sentence, provision or the application thereof to any person or circumstance shall be declared invalid, such invalidity shall not affect any other parts of the resolution which can be given effect without the invalid part, and to this and the provisions of this resolution are declared to be severable. INDIANA, THIS ~/ DAY OF G, . CITY OF CARMEL, Ted Johl Presiding Officer ATTEST: Presented by me to the Mayor of the City of CarmelOn CountPres~~~his day of Ted J~rn~on ,'~r ATTEST: Su~W. Jones, Clerk-Treasurer Parts 1-13 Parcel 17/19 18 9 10 EXHIBIT B PARCELS OF REAL ESTATE TO BE ACQUIRED Purchase Price Authorized Average of two apDraisals $ loo.oo $ 5,750.00 $102,560.00 $ 150.00 $ 5,205.00 $ 9,755.00 $ 78,970.00 $ 3,800.00 $ 31,460.00 $107,750.00 $. 7,425.00 $ 43,200.00 Interest to be acquired Easement Easement Fee Simple Aley Hunt 4.8 +/- acres Easement Easement Bertha Irwin Easement Fee Simple American Aggregates 4.8 +/- acres Easement Fee Simple Browning property Fee Simple Hazel Foster 4.8 +/- acres Easement Fee Simple Hazel Foster Well 813 - Plant #5 Well #14 - Lynnwood Farms Well #15 - Hunt (site ,f82) Appraisal #1 Appraisal #2 Average North/South Interceptor Cost of court action to modify use of existing easement Average WELL SITE COSTS PARCEL NO. 20 ~100,500 04,620 1u2,560~ Easements - Foster Appraisal #1 Appraisal #2 Average Well #18 - Tyner (site #12S) Appraisal #1 Appraisal #2 Average Well #19 - Tyner (site 887/814) Appraisal #1 Appraisal #2 Average PARCEL NO. 9 11 13 Jog to Meet Irwin Appraisal #1 Appraisal #2 Average 4 05 Est. $105 Well #20- Tyner (site #83) Appraisal #1 Appraisal #2 Average 16 East/West Easement - Hunt Appraisal #1 Appraisal #2 Average $5,691EST. $5,691 *Easements - Tyner (From site 812) Appraisal #1 Appraisal #2 Average 16 Well #16- American Aggregates (site Appraisal #1 7 Appraisal #2 Average $77,540 $80,400 $78,970 *Easements - Tyner (#12 to 887/#14) Appraisal #1 12 Appraisal #2 Average Easements - American Aggregates Appraisal #1 Appraisal #2 Average Easement - Bertha Irwin Appraisal #1 Appraisal #2 Average Well #17 - Foster (site #2) Appraisal #1 Appraisal #2 Average $9,810 $9,700 $9,755 $5,360 $5,050 $5,205 $107,000 $108,500 $107,750 *Easements - Tyner (887/#14 to 883) Appraisal #1 14 Appraisal #2 Average Well 21 S - Lynnwood Farms (site #4) Offer 18 Easement around site 17 Average Well 21 N - Myers (site 84) Appraisal #1 Appraisal #2 Average Well 818 - Foster (site #12N) Appraisal #1 Appraisal #2 Average 10 $43,000 $43,400 $43,200 '~) EXPECTED COST AS IN DEVELOPERS STREET OR cASEMENT (Not in total to purchase) $27,990 Easement from Tyner to Well #14 19 TOTAL OF WELL SITE AVERAGES TOTAL OF EASEMENT AVERAGES TOTAL 11/16/94 $10,850 $4,000 $7,425 $55,100 $56,000 $55,550 $111,100 $112,950 $112,025 $83,900 $85,350 $84,625 $9,300 $9,840 $9,570 $1,000 $2,930 $1,965 $16,300 $16,610 $16,455 $31,460 $31,460 $62,499 EST. $62,499 No cost $678,639 $28,181 $706,820