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Resolution 3934 - Authorize Sale of Griffin FieldRESOLUTION NO. __3g34 A RESOLUTION AUTHORIZING THE SALE OF LOTS 1 THROUGH 12, BLOCK 23, KALISPELL ORIGINAL, KALISPELL, FLATHEAD COUNTY, MONTANA. WHEREAS, the City of Kalispell, a municipal corporation, owns certain real property, to -wit: Lots 1 through 12, Block 23, Kalispell Original, Kalispell, Flathead County, Montana, and WHEREAS, Section 7-8-4201, Montana Code Annotated, authorizes the City Council to sell, dispose of or lease any property belonging to the City upon proper passage of a Resolution passed by two thirds vote of all members of the City Council, and WHEREAS, the City Council of the City of Kalispell on the 4th day of April, 1988 adopted Resolution #3785 declaring an intent to sell said property, estab- lishing a fair market value of $235,000.00, and directing that said property be offered for sale at 90% of the fiar market value, and WHEREAS, no prospective purchasers responding to the advertisement, published pursuant to Resolution #3785, submitted bids meeting the City's requirement of 90% of the fair market value, and WHEREAS, Resolution #3785 and the notice published, pursuant thereto, reserved the right of the City to sell the property at private sale at an amount agreeable between the City and a purchaser, in the best interests of the City of Kalispell, and WHEREAS, on the 18th day of September, 1909 Hawkins Properties of Boise, Idaho, tendered to the City of Kalispell an Option to purchase said real property at the total sum of $211,500.00, said sum being 90% of the established fair market value of the property, and WHEREAS, the City Council, unanimously, at a meeting held on the 18th day of September, 1989, authorized the Mayor to execute the Option on behalf of the City, and WHEREAS, the City Council remains desirous of selling said property as the same is not necessary for the conduct of City business or the preservation of property owned by the City, 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 sale of said property may result in the creation of additional high quality commercial operations in the Downtown Redevelopment Area, and WHEREAS, the Hawkins Properties/Warehouse Industries, Inc.'s offer to purchase said propeerty complies in all respects to Resolution #3785 and said sale would be in the best interests of the City of Kalispell and its inhabitants, and WHEREAS, the Mayor has been informed that Hawkins Properties/warehouse Industries, Inc. desires to exercise its option and purchase said real property on or before the expiration of the option on the 13th day of June, 1990. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL: SECTION I. That the City Council of the City of Kalispell hereby authorizes the Mayor and City Clerk -Treasurer to execute all legal documents necessary to transfer, by Warranty Deed, all the City's right, title and interest in Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 and 12, Block 23, Kalispell Original, Kalispell, Flathead County, Montana to Warehouse Industries, Inc., said transfer being contingent on receipt of the sum of $211,500.00,less those amounts previously received. PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED BY THE MAYOR THIS 4th_ DAY OF JUNK ,, 11990 !� �w� �•ti��J.rJ.`'Ri. pQ��I.6 �'j��. 'i .�x�� :'t'.'� ���.,Y.. -1��' -'� ATTEST,:, City C erk-Treasu;er Yet-4 IF'1M.10 Roger Hop in , Mayor`.