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Resolution 6108 - Transfer Real Property - Third and Main Parking LotRESOLUTION NO.6108 A RESOLUTION APPROVING THE TRANSFER OF CERTAIN REAL PROPERTY COMMONLY KNOWN AS THE THIRD AND MAIN STREET PARKING LOT, DESCRIBED AS LOTS 8, 9, 10, 11, 12, BLOCK 55, KALISPELL ORIGINAL TOWNSITE, ACCORDING TO THE MAP OR PLAT THEREOF ON FILE AND OF RECORD IN THE OFFICE OF THE CLERK AND RECORDER OF FLATHEAD COUNTY, MONTANA, AND AUTHORIZE THE CITY MANAGER TO EXECUTE A BUY/SELL AGREEMENT FOR THE LOT, AS DESCRIBED IN THE BUY/SELL AGREEMENT. WHEREAS, the City of Kalispell owns unimproved real property, currently used for surface vehicle parking and located at Third Street West and Main Street; and WHEREAS, consistent with the purposes set forth in the Downtown Plan to eliminate blight and increase the tax base within the Downtown Urban Renewal District, the Kalispell City Council approved the solicitation of a Request for Proposals for the private development of the above -described real property beginning in December 2020; and WHEREAS, on September 7, 2021, the Kalispell City Council accepted the recommendation of the selection committee to approve the proposal submitted by Montana Hotel Development Partners, LLC for the development of a hotel/hospitality complex to be located upon the above -described real property and directed that a development agreement be negotiated between the parties; and WHEREAS, pursuant to MCA §7-8-4201, a 2/3`d vote of the Council is required to approve of the transfer. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION 1. That the City shall transfer the Third and Main Street Parking lot to Montana Hotel Development Partners, LLC for the purpose of construction of a Hotel/Hospitality complex. SECTION 2. That the City Manager is hereby authorized to execute the Buy/Sell Agreement for the Third and Main Street Parking Lot. PASSED AND APPROVED BY THE CITY COUNCIL BY A 2/3'm MARGIN AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 3RD DAY OF QCTOba, 2022. ATTEST: Judi Funk Deputy City Clerk