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Council rejects two flood-buyout offers, approves one property purchase
Summary
Council considered three flood-buyout purchase prices at the Aug. 4 meeting. Two larger offers — $1,001,000 for 1310 Burdick Expressway East and $1,000,300 for 420 15th Street SE — failed on 2-4 votes; the council approved a third buyout at 709 West Central for $335 in a 4-2 vote.
The Minot City Council considered three nominally related flood-buyout acquisitions on Aug. 4 and accepted one of them. Staff presented purchase prices and explained factors that affected negotiation including appraisals, potential demolition costs, relocation assistance under the Uniform Relocation Assistance Act, and the time and legal expense of eminent-domain proceedings.
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