Resolution 4157 - Authorize Sale of 3rd St W & Main to Valley Bank•
RESOLUTION NO. 4157
A RESOLUTION AUTHORIZING THE SALE OF LOTS 8, 9, 10, 11, AND 12;
BLOCK 55, KALISPELL ORIGINAL, KALISPELL, FLATHEAD COUNTY MONTANA.
WHEREAS, the City of Kalispell, a municipal corporation,
owns certain real property, to -wit: Lots 8, 9, 10,
11, and 12; Block 55, Kalispell Original,
Kalispell, Flathead County, Montana, and
WHEREAS, Section 7-8-4201, MCA, authorizes the City Council
to sell, dispose or lease any property belonging to
the City upon proper passage of an Ordinance or
Resolution passed by two-thirds vote of all members
of the City Council, and
WHEREAS, Section 7-15-4262, Montana Code Annotated,
authorizes a municipality to sell, lease or
otherwise transfer real property in an urban
renewal area for urban renewal projects for
residential, recreational, commercial, industrial
or other uses or for public uses, and
WHEREAS,
the City of Kalispell did on the 10th day of
No. 933 which
September, 1979, adopt Ordinance
created the Downtown Redevelopment Plan for the
City of Kalispell, and
WHEREAS,
the City of Kalispell did on the 4th day of
November, 1985, pass ordinance No. 1065,
designating certain projects within the Downtown
Redevelopment Area, and
WHEREAS,
pursuant to Ordinance No. 1065, the City of
Kalispell purchased the above described property
for the purpose of providing off-street parking
facilities in the Downtown Redevelopment Area, and
WHEREAS,
the City Council of the City of Kalispell desires
to sell said property, so acquired, for the purpose
of expanding commerce and business within the
Downtown Redevelopment Area, and
WHEREAS,
the City Council passed Resolution No. 4154 on the
20th day of June, 1994, declaring an intention to
sell said property, and duly published notice of
said proposed sale in accordance with Section 7-15-
4262, MCA, and _
TsUVOWAC
nn tho 13th day of Ju1Y, 1994, Valley Bank tendered
815
WHEREAS, the proceeds generated by the sale of said property
may be used for the purpose of acquiring additional
off-street parking within the Downtown
Redevelopment Area, and
WHEREAS, the property is under-utilized in its current use
as a parking lot, and
WHEREAS, the property is not held in trust by the City for
any specific purpose and therefore does not require
an election in order to authorize its sale, and
WHEREAS, the property is not necessary for the conduct of
City business nor for the preservation of property
owned by the City and it is in the best interest of
the City and its inhabitants to sell said property,
and
WHEREAS, the Valley Bank offer to purchase said property
complies in all respects to Resolution No. 4145,
and said sale would be in the best interests of the
City of Kalispell and its inhabitants.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL, AS FOLLOWS:
SECTION I. The City Council of the City of Kalispell
hereby authorizes the Manager and the Finance
Director to execute all legal documents
necessary to transfer, by Special Warranty
Deed, all the City's right, title and interest
in Lots B, 9, 10, 11, and 12, Block 55,
Kalispell Original, Kalispell, Flathead
County, Montana to Valley Bank, said transfer
being contingent on receipt of the sum of
$160,000, less those amounts previously
received.
PASSED AND APPROVED BY THE CITY COUNCIL AND MAYOR OF THE CITY OF
KALISPELL, THIS 18th DAY OF JULY, 1994.
ATTES
Amy H Robertson
Finance Director
tiG
Dougl D. Rauthe - Mayor
.a