March 29, 2007
The Board of Supervisor met in Session on the above date with the following members present: Motl, Condon, Dencklau, and Nolting. Absent: Lizer.
County Engineer Randy Will explained the usual property value study used to determine the fair market value for right-of-way purchases. Engineer Will also referred to purchase agreement dated August 24, 2006 that was submitted to him by the landowner in Section 19, Douglas Township, while negotiating the right-of-way purchase, for a much higher price than reflected in the property value study.
Supervisor Motl requested that this Purchase Agreement dated August 24, 2006, be made a part of the resolution as if fully included. (Copy on file in Auditor’s office).
Moved by Dencklau, seconded by Condon to adopt the following resolution:
RESOLUTION TO APPROVE COMPENSATION ESTIMATE FOR RIGHT OF WAY ON PROJECT RC-CO(65) – 9A IN THE NORTHEAST QUARTER OF SECTION 19, T-89N, R-29W
WHEREAS, additional easements for highway right-of-way are often required for various construction projects, and
WHEREAS, the purchase of this additional right-of-way shall be accomplished in an orderly and equitable manner, and in accordance with applicable federal and state regulations, and
WHEREAS, the procedures and fair market value that are the result of the research in a “Property Value Study” normally satisfies the foregoing requirements, and
WHEREAS, speculation and the demand for corn and soybeans have caused farmland prices to rise dramatically, and
WHEREAS, the right of way for Project RC-CO94(65)—9A-94 is located near the existing VeraSun Ethanol Plant and adjacent to the proposed Tate & Lyle Corn Wet Mill Plant, and
WHEREAS, the seller of said right of way for Project RC-CO94(65)—9A-94 has submitted a purchase agreement dated August 24, 2006 with a price per acre substantially higher than that of the most recent “Property Value Study”.
NOW, THEREFORE, BE IT RESOLVED by the Webster County Board of Supervisors that the compensation estimate offer to the seller of said right of way in the Northeast Quarter of Section 19, T-89N, R-29W be equal to the price per acre being offered in said purchase agreement.
PASSED AND APPROVED this 29th day of March, 2007.
S/ Greg Nolting
Webster County Board of Supervisors
S/ Carol Messerly
Webster County Auditor
Motion carried unanimously.
Moved by Motl, seconded by Condon to meeting adjourn. Motion carried unanimously.