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Council approves purchase of 12620 Minnetonka Blvd. using reserved community investment funds
Summary
Minnetonka City Council authorized purchase of 12620 Minnetonka Boulevard for corridor conservation and trail planning, using $993,777 remaining from a 2009 community investment allocation. Council approved the resolution unanimously on April 7.
The Minnetonka City Council voted unanimously April 7 to acquire 12620 Minnetonka Boulevard, a parcel within the Minnehaha Creek corridor, using funds reserved in a 2009 community investment allocation for corridor improvements.
City Manager Mike Funk summarized the parcel’s history and the corridor plan dating to 2006. Funk said the City and partner agencies have long pursued land acquisition along the Upper Minnehaha Creek corridor for trails, boardwalks, gateways and natural-resource protection. He said the CIF (community investment fund) hearings in 2009 allocated $1,000,000 for corridor projects and that, to date, $6,223 has been spent, leaving $993,777 available. Staff reported an earlier discussion in closed session about a potential purchase price of $950,000 and submitted a draft purchase agreement prepared by the city attorney and community development staff.
Council member Wilburn moved to adopt the resolution to purchase 12620 Minnetonka Boulevard; Council member Schack seconded. The council approved the purchase by unanimous roll call.
Why it matters: The parcel lies inside a long-studied Minnehaha Creek corridor where the city and partner agencies have staged trail, boardwalk and habitat projects. Purchasing the parcel preserves open space options for future trail connections and corridor improvements and uses funds previously reserved by council specifically for corridor acquisition.
What’s next: Staff will complete acquisition steps under the agreed purchase agreement and integrate the parcel into corridor planning and any future design work for trails or boardwalks. The purchase uses available CIF funds without additional public hearings because the appropriation was made in 2009.
