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COUNCIL COMMUNICATION FORM <br /> Engineering & Infrastructure Memorandum <br /> NO. 2005-10 <br /> February 2, 2005 <br /> TO: Honorable Mayor Osborne and City Council <br /> FROM: Steve Garman, City Manager <br /> Stephen Swanson, P.E.,Director of Engineer g & Infrastructure <br /> Mathew C. Newell, P.E., City Engineer��„"" � <br /> Richard N. Berard, Civil Engineer II �,� <br /> SUBJECT: Land Purchase for South Elevated Water Storage Tank, <br /> City Project 97-35 <br /> SUMMARY RECOMMENDATION: <br /> It is recommended by staff that Council adopt the attached Resolution authorizing the purchase <br /> of a 3 acre parcel of land, a site for the construction of the South Elevated Water Storage Tank, <br /> from Greanias Farms for the price of$60,000. <br /> BACKGROUND: <br /> In April 2001, the City entered into an Agreement with Bainbridge, Gee, Milanski and <br /> Associates to perform engineering work for a proposed water tank on the south side of the City <br /> to address low water pressure in the water distribution system. <br /> A memorandum to Council dated January 18, 2005, stated that after a long and difficult search <br /> for a suitable site for the water tank, a 3 acre site was located on the west side of Franklin Street <br /> Road a quarter mile north of Mount Gilead Road. <br /> An "Option" and right to purchase within six months was granted by the owners, Greanias <br /> Farms, on October 30, 2004. City Staff has investigated and confirmed the suitability of the <br /> site far the construction of an elevated water storage tank and recommends Council to approve <br /> the purchase of the site. According to the City's real estate consultant, the cost of$20,000 per <br /> acre is fair market price for such a parcel of land. <br /> POTENTIAL OBJECTION: There are no known objections to this resolution. <br />