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CCR2023.056-Vacant Land Purch (Hillendale)COMMON COUNCIL — CITY OF MUSKEGO RESOLUTION #056-2023 APPROVAL OF VACANT LAND PURCHASE 11214 Hillendale Drive WHEREAS, The construction of a watermain from Sunny Hill Drive to Racine Avenue is to occur with the plan of using ARPA money to fund the project; and WHEREAS, As part of this project, reconstruction of a portion of Hillendale Drive will also take place; and WHEREAS, There is a need for storm water management as a result of this construction; and WHEREAS, The adjacent vacant land located at 11214 Hillendale Drive is sufficient for the control of storm water by means of the construction of a storm water pond upon it; and WHEREAS, Through limited negotiations, the owner of 11214 Hillendale Drive has agreed to sell the property to the City for purposes as stated above; and WHEREAS, As part of its due diligence, the City obtained an appraisal of the property of which a copy is attached hereto; and WHEREAS, The agreed upon purchase price of $290,000.00 is well below the appraisal of the property ($317,000.00) confirming that the purchase is in the best interests of the City for the use as described herein. NOW, THEREFORE, BE IT RESOLVED That the Common Council of the City of Muskego, upon the recommendation of the Finance Committee, does hereby authorize City Staff to move forward with the legal means to accomplish the purchase of the property located 11214 at Hillendale Drive, Muskego, Wisconsin for the purposes described herein. BE IT FURTHER RESOLVED That the Mayor and City Clerk are authorized to accept and execute the proper legal documents required to consummate the sale and the City Attorney is authorized to make substantive changes as may be necessary to said documents in order to preserve the general intent of the transaction; that the City Attorney is further authorized to complete all documents for the Mayor to sign to effectuate the Closing of the transaction. DATED THIS 5th DAY OF SEPTEMBER 2023. SPONSORED BY: FINANCE COMMITTEE This is to certify that this is a true and accurate copy of Resolution #056-2023, which was adopted by the Common Council of the City of Muskego. City Clerk 9/23cmc