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Resolution 3857 - Authorize Purchase of O'Neil PropertyRESOLUTION NO. 3857 A RESOLUTION AUTHORIZING THE PURCHASE OF ALL OF LOTS 6, 7, 8, BLOCK 75, KALISPELL ORIGINAL, FROM ASHLEY MEADOWS, A PARTNERSHIP, FOR THE SUM OF $78,750.00, AND AUTHORIZING THE MAYOR TO ACCEPT SAID PROPERTY 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 Redevelopment Projects, and WHEREAS, the projects authorized by said Ordinance No. 1065 included: a. Parking Improvements Project. This Project will consist of the acquisition of land for and the construction of parking spaces in the Project Area. The estimated cost of the Parking Improvements Project is approximately $500,000. The City shall finance the cost of the Parking Improvement Project through the sale of TIF Revenue Bonds. and, WHEREAS, Ashley Meadows, a Partnership, owns certain real property within the Kalispell Redevelopment Area, and WHEREAS, the real property is located in an area of the Kalispell Redevelopment Area where more parking is desirable, and WHEREAS, Ashley Meadows, a Partnership, is desirous to sell said property, and WHEREAS, the Parking Commission has forwarded to the City Council an offer from Ashley Meadows, a Partnership, to sell certain real property, to -wit: Lots 6, 7, 8, Block 75, Kalispell Original, for the sum of $78,750.00, and WHEREAS, as a condition of said sale the Parking Commission has recommended that the sale not be completed until such time as the property located on Lot 5, Block 75, Kalispell Original, is sold by Ashley Meadows, a Partnership, to Robert Smith, who intends to operate a business on said Lot 5, Block 75, Kalispell Original, and WHEREAS, the City Council after reviewing the offer made by the Parking Commission on behalf of Ashley Meadows, a Partnership, deem 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 Ashley Meadows, a Partnership, and purchase the property to assure and enhance off-street parking opportunities in the Downtown Redevelopment Area and to eliminate the blight in the Downtown Redevelopment Area. NOW 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 Ashley Meadows, a Partnership, Lots 6, 7, 8, Block 75, Kalispell Original, for the sum of $78,750.00. SECTION II. This authorization is based upon the condition that the Mayor prior to executing any document purchasing the property must be presented with evidence that Lot 5, Block 75, Kalispell Original has been sold by Ashley Meadows, a Partnership, to Robert Smith and that the purchaser intends to operate a business on said property. SECTION III. That the City'Clerk-Treasurer is authorized and directed to pay in accordance with instructions from Ashley Meadows, a Partnership, the sum of Seventy-eight Thousand, Seven Hundred and Fifty Dollars ($78,750.00) with funds properly appropriated under Ordinance No. 1065 and from the proceeds of the funds made available under Resolution No. 3626. SECTION IV. That the City Attorney is authorized and directed to prepare the legal 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 17TH DAY OF APRIL, 1989. ATTEST: Don Halver, C.M.C. City Clerk -Treasurer j, ., Mayor I, the uaderaigaed, City Clark of the City of ICalaspell, certify that tho forak;0ing is a true copy of the Resolutioa passed by the City Council of the City of I.alispoll, i;outana at a regular weeting held City Clerl., of the City of I.alispel.l 1