HomeMy Public PortalAbout1491st Board Journal 9-16-2010 Closed SessionClosed Session Meeting Journal
Board of Trustees Meeting September 16, 2010
Oriole / Gilmore Detention Basin Extension Project
MSD staff represented by Messrs: Theennan, Hayman, Hoelscher, Nevois and Tyminski
called upon Mr. Bill Wagnoer from O.R. Colan and Associates, a licensed Real Estate
broker responsible for administering the District's property buyout programs to give a
presentation regarding the purchase of a property located at 8527 Robin Street in St.
Louis City needed for the Oriole / Gilmore Detention Basin Extension Project. He
indicated that the property at 8527 Robin has an appraised value of $65,000 and the
parcel also qualifies for a subsidy of $8,750 to cover rent and moving expenses ($5,250
rent subsidy and $3,500 moving) the property also is qualified for an additional $5,350
for title work, relocation assistance and closing costs (Title and closing $825 and
Relocation $4,525). This property is needed for a storm water mitigation project.
Motion to introduce the purchase of 8527 Robin for the terms stated above made by Mr.
Berry and seconded by Mr. Ross.
Mr. Ross Aye Mr. Buford Aye
Mr. Visintainer Aye Mr. Berry Aye
Mr. Goffstein Aye Mr. Feldhaus Aye
There was no objection to the suspension of the rules
Motion to adopt or authorize the purchase of 8527 Robin Street for the terms stated above
made by Mr. Berry and seconded by Mr. Ross.
Mr. Ross Aye Mr. Buford Aye
Mr. Visintainer Aye Mr. Berry Aye
Mr. Goffstein Aye Mr. Feldhaus Aye
Attest
Karl J. Tyminski
Secretary -Treasurer
October 7, 2010
Posted 4:30 pm