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;OVERNMENT <br /> <br /> RECEIVED <br /> <br /> 2 6 2002 <br /> <br />CASS COUN1 Y COMMI,,%.SLON <br /> <br />MEMORANDUM <br /> <br />DHighway <br />epartment <br /> <br />Keith D. Eerndh E~ <br />County Engineer <br /> <br />Richard S. Sleg <br />Superintendent <br /> <br />Thomas B. Souc% EL <br />Design and Construction <br />Supervisor <br /> <br /> 701-282-2226 <br />Fax 701-2832047 <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />Cass County Commission <br /> <br />Keith Bemdt, Cross County Engineer <br /> <br />August 23, 2002 <br /> <br />Acquisition Homes in Reed and Stanley Township <br /> <br />I'm writing to follow up fi.om the August 5, 2002 Commission meeting <br />discussion regarding the acquisition of several additional homes subject to <br />river bank erosion failures. <br /> <br />Remaining 1997 Hazard Mitigation Structural Grant Funds. <br /> <br />Unspent Balance us of 8/23 (approximate) <br />Minus County and LARPC admin allowance $600,000 <br />85% of Pending acquisitions (Round Hill Home, <br />and Forest River Land) $325,000 <br />Program income reeently received from sales $105~000 <br />Available for additional acquisitions $380,000 <br /> <br />Acquisitions requested from citizens (85% listed): <br /> Brodsho north of West Fargo $147,000 <br /> Heyerman north of West Fargo $138,000 <br /> Goerger north of Horace $150,000 <br /> Total funds required: $435,000 <br /> <br />This leaves the County about $55,000 short of being able to complete the 3 <br />home acquisitions. However, we expect to take in some additional program <br />income from the sale of the another pending Round Hill home and <br />potentially from the other three homes. <br /> <br />Commission Options: <br /> 1. Purchase 2 of the 3 homes and wait with one until we sell the <br /> Round Hill house so we know where we are finaneially. <br /> 2. Proceed now with all three with the risk that if we don't <br /> generate $55,000 in program inanme from the sales, the <br /> County would have to fund thc balance. (small risk based on <br /> previous sales experlenee) <br /> <br /> <br />