Resolution 4675 - Sale of Daley Field Lot 1 - Whitefish Credit Union' 613,
RESOLUTION NO. 4675
A RESOLUTION AUTHORIZING
THE SALE OF A PORTION OF THE NORTHWEST
QUARTER OF SECTION 20,
TOWNSHIP 28 NORTH, RANGE 21 WEST, FLATHEAD
COUNTY, MONTANA
KNOWN
AS LOT 1, DALEY FIELD SUBDIVISION, TO
WHITEFISH CREDIT
UNION,
A MONTANA CORPORATION, AND AUTHORIZING THE
CITY MANAGER TO
ENTER
INTO A PURCHASE AND SALE AGREEMENT WITH
WHITEFISH CREDIT
UNION.
WHEREAS, the City of Kalispell, a municipal corporation, owns
certain real property described in Exhibit "A", attached
hereto and thereby made a part hereof, and
WHEREAS, by Ordinance No. 1242 the City Council created the
Kalispell City Airport/Athletic Complex Redevelopment
Plan and approved, as an urban renewal project, the sale
of said property to a developer and further authorized
the City to enter into a Development Agreement with a
developer upon terms and conditions consistent with said
Ordinance, and
WHEREAS, in April, 1999, the City Council authorized the City
Manager to offer said property for sale and redevelopment
in accordance with the Plan, and
WHEREAS, Whitefish Credit Union submitted a proposal for the
purchase of said property and redevelopment of said
property for purposes consistent with Ordinance No. 1242,
and
WHEREAS, the City and Whitefish Credit Union desire to enter into
a Purchase and Sale Agreement consistent with the
proposal submitted by Whitefish Credit Union, and
WHEREAS, the City Council desires to sell said property to
Whitefish Credit Union for redevelopment as specified in
the Purchase and Sale Agreement, and
WHEREAS, said property is not held in trust for a specific purpose
and an election is not necessary to affect its sale, and
WHEREAS, the Purchase and Sale Agreement shall comply in all
respects with Ordinance No. 1242 and said sale will be in
the best interest of the City of Kalispell and its
inhabitants.
M
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL, AS FOLLOWS:
SECTION I. That the City Manager is hereby authorized to
enter into negotiations with Whitefish Credit
Union and reduce to writing a Purchase and
Sale Agreement consistent with the Airport/
Athletic Complex Redevelopment Plan, the Daley
Field Offering Document, and the Redevelopment
Proposal of Whitefish Credit Union.
SECTION II. That upon review and approval of the Purchase
and Sale Agreement by the City Council, the
Mayor and City Clerk are hereby authorized to
execute all legal documents necessary to
transfer, by Grant Deed, all the City's right,
title and interest in the property described
as a tract ofland in the Northwest Quarter,
Section 20, Township 28 North, Range 21 West,
Flathead County, Montana known as Lot 1, Daley
Field Subdivision, to Whitefish Credit Union,
said sale being contingent on receipt of the
sum of not less than $459,520.32 less any
amounts previously received.
PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF
THE CITY OF KALISPELL, THIS 7TH DAY OF JANUARY, 2002.
Pamela B. Ke edy
Mayor
ATTEST:
Theresa white
City Clerk
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EXHIBIT "A"
The following described land in the City of Kalispell,
Montana, more particularly described as follows:
Lot 1, Daley Field Subdivision, Northwest Quarter,
Section 20, Township 28 North, Range 21 West,
P.M.M., Flathead County, Montana
according to the plat on file in the Clerk and Recorder' s
Office, Flathead County, Montana.
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