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January 9,2024 Page 7 of 8 4 Ayes,0 Nays-Motion Carried 111 4. Consider Purchase Agreement for Parcel A of 375 5thAvenue SW. 4.Consider PurchaseAgreement for Parcel A of 375 5th Avenue City Manager Massopust indicated Community Assets and Development Director Schlichting would be SW. presenting this item to the Council. Community Assets and Development Director Schlichting stated the City worked with the landowner on a purchase agreement for 375 5th Avenue.The City Attorney and a surveyor have created Parcel A and Parcel B on 375 5th Avenue SW.Jones Lake has historically been the subject of many Council disci issions through the years,and Jones Lake is a key piece of property for future stonnwater improvement projects.Parcel A is the property the City is seeking,and Ramsey County Ditch 5 divides this property.It was noted RCWD and the City are currently looking into concept planning efforts for Jones Lake as part of Phase II of the Basic Water Management Project Petition.Jones Lake is an impaired water receiving drainage from Roseville,St Anthony and New Brighton.Future improvements to the Jones Lake area for any type of project will be subject to future City Council approvals.Ramsey County Property Tax records indicate a 2024 value of the property at 375 5th Avenue SW to be$454,800,with an existing billboard making up$225,000 of that amount.The remaining land value is$229,800.Parcel A is 4.47 acres and Parcel B is 0.82 acres which the owner would like to keep.With this breakdown,the value of Parcel A is$194,200.As part ofthe due diligence the City will hire Barr Engineering to conduct a Phase I Environmental Analysis.The analysis will look at historical and current issues to evahiatP environmental liability.The City will also hire Rud's Land Surveying to conduct a boundary and topographic survey.To properly separate Parcels A and B,the City will go through the platting process to gamer City approvals and prepare for closing. Motion by Councilmember Axberg,seconded by Councilmember Dunsworth to authorize the Mayor and City Manager to sign Purchase Agreement for Parcel A at 375 5th Avenue SW. A roll call vote was taken. 4 Ayes,0 Nays-Motion Carried Commission Liaison Reports,Announcements and Updates Commission Liaison Reports, Announcements and Devin Massopust Updates City Manager Massopust encouraged the public to participate in Brave the Brrr at Brightwood Hills Golf Course this weekend. Graeme Allen Councilmember Allen reported the Planning Commission met last month and discussed Ordinance 909 along with the Lots on Leona Subdivision. He wished everyone a Happy New Year and stated he was looking forward to a great 2024. Emily Dunsworth Councilmember Dunsworth reported the Public Safety Commission met on Monday, January 8 where a presentation was made on feedback that has been received to date on the organizational assessment. Pam Axberg n Councilmember Axberg reported it was Law Enforcement Appreciation Day today. She thanked all New Brighton Public Safety Officers for the service they provide to the community. She explained PREC met on Wednesday, January 3 and this group received an update on Hansen Park.