Resolution 3671 - Purchase of Lots 8-12, Block 55, Kalispell Original TownsiteRESOLUTION NO. 3671
A RESOLUTION AUTHORIZING THE PURCHASE OF LOTS 8, 9, 10, 11, AND 12 OF
BLOCK 55, KALISPELL ORIGINAL FROM THE FIRST ,FEDERAL SAVINGSY BANK FOR
$150,000.00 AND AUTHORIZING THE MAYOR TO ACCEPT SAID PRbPERTY ON
BEHALF OF THE CITY OF KALISPELL.
WHEREAS, the City of Kalispell by Ordinance No. 1065 passed on the
4th day of November, 1985, did designate certain projects within the
Downtown Redevelopment Area as Urban Renewal Projects, and
WHEREAS, one of the projects designated by Ordinance No. 1065
consisted of acquiring land and constructing parking lots for off-street
parking within the area of the Kalispell Redevelopment Plan, and
WHEREAS, First Federal Savings Bank (formerly First Federal Savings
& Loan Association) owns certain real property within the Kalispell
Redevelopment Area, and
WHEREAS, the Parking Commission has forwarded to the City Council
an offer from First Federal Savings Bank to sell certain real property,
to -wit: Lots 8, 9, 10, 11, and 12, Block 55, Kalispell Original
Townsite, for the sum of $150,000.00, and
WHEREAS, the City Council after reviewing the offer made by First
Federal Savings Bank deems it appropriate, pursuant to Ordinance No.
1065, and in the best interest of the Kalispell Redevelopment Plan,
that the City accept the offer made by First Federal Savings Bank,
and purchase the property to assure and enhance off-street parking
opportunities in the Downtown Redevelopment Area.
NOW AND THEREFORE, be it resolved by the City Council of the City
of Kalispell as follows:
SECTION I. That the Mayor is authorized and directed to
purchase from First Federal Savings Bank Lots 8, 9, 10, 11
and 12, Block 55, Kalispell Original Townsite, for the amount
of One Hundred and Fifty Thousand Dollars ($150,000.00).
SECTION II. That the City Clerk -Treasurer is authorized and
directed to pay in accordance with instruction from First
Federal Savings Bank the sum of One Hundred and Fifty Thousand
Dollars ($150,000.00) with funds properly appropriated under
Ordinance No. 1065 and from the proceeds of the funds made
available under Resolution No. 3626.
SECTION III. That the City Attorney is authorized and directed
to prepare any documents necessary to effect this Resolution
and the Mayor is authorized and directed to accept and properly
record on behalf of the City of Kalispell the deed to said
property.
PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED BY
THE MAYOR THIS 16th DAY OF JUNE 1986.
— gt
�W ohn "Ed" Kennedy Jr., Mayor
ATTEST:
City Clerk -Treasurer
I, the undersigned, City Clerk of the City of Kalispell, certify that the
foregoing is a true copy of the Resolution passed by the City Council of the
City of Kalispell, Montana , at a regular meeting held
City Clerk of the city of Kalispell, Montana