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06/29/98 Moyer/Resolutions to Sell City LotsDATE: June 29, 1998 UN TO: Glen Neier, City Attorney Theresa White, Clerk of Council FROM: Susan Moyer, PECDD Housing Manager SUBJECT: Resolutions to Sell City Lots Glen, please prepare two resolutions for the July 6, 1998, council meeting to sell the following city -owned lots: Lots 4 and 5 in the plat of Woodland Court, a re -subdivision of Lots 27,28 and 29, Block 1 of Green Acres, located in the SE 1/4 of the SE 1/4 of Section 17, Township 28 North, Range 31 West, Principal Meridian, Montana, Flathead County, Montana to Pacific Homes and Land Inc.for $8,000 cash per lot and a $14,000 zero interest deferred second mortgage per lot (ultimately to be assumed by the homebuyer and assigned to the Glacier Affordable Housing Foundation). Lots 24, 25 and 26 in Teton Terrace in the NE 1/4 of Sec. 12, T28N, R22W, PM, M, Flathead County, Montana to H & H Enterprises for $6,000 cash per lots 24 and 2jand $3,000 per lot for lot 26 and zero interest deferred second mortgages in the amount of $10,000 per lot (ultimately to be assumed by the home buyers and assigned to the Glacier Affordable Housing Foundation.) cc: Lawrence Gallagher, Director PECDD c:\homebuyer\council\July 8 permission to sell Post Office Box 1997 - Kalispell, Montana 59903-1997 Telephone (406) 758-7700 - FAX (406) 758-7758 1111