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Posted: January 26, 2018
Rapid City
Agenda Item Summary

Agenda Item Ref. #: PW013018-30

Agenda Item Title:

Authorize Mayor and Finance Officer to Sign Resolution 2018-010, A Resolution of Intent to Enter into Real Estate Exchange Agreement with Gerhardt and Elizabeth Heck Pursuant to SDCL 9-27-34.1.

Origination Group:
Public Works Committee
Origination Meeting Date:
01/30/2018
City Council Hearing Date:
02/05/2018
Staff Contact:
Wade Nyberg & Stacey Titus
Agenda Item Summary:
This resolution begins the process to exchange property with the Hecks, who own property directly adjacent to City property located at Radar Hill Road and Morris Lane. Public Works staff was preparing to undertake a project to fence city-owned property. In preparation for the project, it became apparent that the natural property boundaries and the platted property boundaries did not align. It appears that the Hecks have been using a portion of the City property, and the City’s haying contractor has utilized a portion of the Heck property. Staff viewed this as an opportunity for both parties to adjust the boundary between the properties to align with their current use. The planned exchange will be an acre-for-acre exchange, without any monetary consideration changing hands. The exchange will be accomplished by a lot line adjustment plat and accompanying deeds, which the City would agree to complete at its expense. Upon approval of this resolution, a notice will be published and an exchange agreement setting out the terms and conditions of the exchange will come before the Council at its next meeting.

Funding Source & Fiscal Impact (if applicable):

Funding Cost Center
Water 602 933 4310

Recommendations:

Origination Recommendation Action:
Approve

Attachments & Links to Download:

  pdf Resolution 2018-2010

  pdf Exhibit A

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