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Resolution 4522 - Removal of Deed Restrictions for Flathead Industries2029 RESOLUTION NO. 4522 A RESOLUTION AUTHORIZING THE REMOVAL OF DEED RESTRICTIONS CONTAINED IN GRANT DEEDS EXECUTED ON BEHALF OF THE CITY OF KALISPELL TO FLATHEAD INDUSTRIES. WHEREAS, the City of Kalispell by Grant Deed transferred the following described property to Flathead Industries, a Montana non-profit corporation, on April 7, 1981: Lot 8 of Block 62 of Kalispell Original Townsite, Kalispell, Montana, (Book 712 Deeds, Page 606) and WHEREAS, the City of Kalispell by Grant Deed transferred the following described property to Flathead Industries, a Montana non-profit corporation, on September 3, 1981: East 80 feet of Lot 6 of Block 40, Kalispell Original Townsite, Kalispell, Montana, (Book 725 Deeds, Page 794) and WHEREAS, the City of Kalispell by Grant Deed transferred the following described property to Flathead Industries, a Montana non-profit corporation, on September 3, 1981: Lot 8 of Block 70, Kalispell original Townsite, Kalispell, Montana, (Book 725 Deeds, Page 796) and WHEREAS, said Grant Deeds contained provisions containing the following language limiting use of the property and restraining alienation: and Should said premises be used for other than a Center for the Handicapped, all right, title and estate in and to said premises shall revert to the said City of Kalispell and the grant made hereby shall be terminated. Further, these premises may not be sold by the Grantee for any purpose without first such sale having been authorized by the appropriate Resolution passed by the City Council and approved by the Mayor of the City of Kalispell. WHEREAS, Flathead Industries has acquired Lot A of the Amended Subdivision Plat of Lots 8 and 9, Block 51, Kalispell; and Lot 10, Block 51, Kalispell for the purpose of constructing housing for handicapped individuals, and WHEREAS, in order to construct handicapped housing on the above referenced lots, Flathead Industries must sell the property deeded to Flathead Industries by the City in 1981, above described, and WHEREAS, to facilitate the sale of said property it is necessary to release those portions of the Grant Deeds that limit use and restrain alienation, and 2030 WHEREAS, Flathead Industries has agreed that the language limiting use and restraining alienation may be placed on Lot A and Lot 10, Block 51 with said conditions terminating on January 1, 2031. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL, AS FOLLOWS: SECTION I. That the City Manager is hereby directed and authorized to execute on behalf of the City the legal documents necessary to release all conditions attached to Grant Deeds recorded at Book 712 Page 606; Book 725 Page 794 and Book 725 Page 796. SECTION II. That the City Manager is authorized to accept on behalf of the City a covenant executed by Flathead Industries restricting the use and restraining alienation of Lot A of the Amended Subdivision Plat of Lots S and 9, Block 51 and Lot 10, Block 51, Kalispell, Montana for a period terminating on January 1, 2031. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR THIS 6TH DAY OF DECEMBER, 1999. Attest: Theresa White City Clerk W,.E.5ahars 1 . Wm. E. Boharski Mayor