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15. Resolution 5046 - Gateway West Mall Parking Lot PurchaseCity of Kalispell Charles A. Harball Office of City Attorney City Attorney 312 First Avenue East P.O. Box 1997 Kalispell, MT 59903-1997 MEMORANDUM TO: Mayor Pamela B. Kennedy and Kalispell City Council. Tel 406.758.7708 Fax 406.758, 7771 charball c@i katispell.com FROM: Charles Harball, City Attorney James H. Patrick, City Manager SUBJECT: Resolution No. 5046 — Resolution of Authority to Purchase Real Property at the Amended Plat of the Northwest Portion of Gateway West Addition No. 34 MEETING DATE: Monday, August 15, 2005 — Regular Meeting BACKGROUND: City Council previously approved the lease agreement with Teletech Corporation for the leasehold of city owned property at the Gateway West Mall. This leasehold agreement obligates the City to provide additional parking for the tenant's employees at the point at which Teletech employs more than 250 employees. Teletech gave notice to the City several weeks ago of exceeding this number of employees and the City therefore exercised its option with ACG-Kalispell Investors, LLC to purchase, in partnership with the Flathead County Economic Development Corporation, approximately two acres of undeveloped land in the northern portion of the Gateway development. This lot has been platted and approved by Council in a previous action. RECOMMENDATION: That the Council authorize the payment of its portion of the land purchase and authorize the Mayor execute the necessary legal documents to complete the purchase FISCAL EFFECTS: The City's portion of the purchase price is approximately $156, 500. Respectfully submitted, Char all, es H City Attorney mes H. Patrick, City Manager RESOLUTION NO.5046 A RESOLUTION TO AUTHORIZE THE CITY TO PARTNER WITH THE FLATHEAD COUNTY ECONOMIC DEVELOPMENT AUTHORITY TO PURCHASE REAL PROPERTY IN THE GATEWAY WEST ADDITION NO. 34 FOR THE PURPOSES OF PROVIDING ADEQUATE PARKING FOR ITS TENANTS. WHEREAS, the City of Kalispell and the Flathead County Economic Development Authority own real property and improvements at the Gateway West Mall in Kalispell and have a leasehold agreement with Teletech Corporation in which the parties have agreed that additional parking will be secured when the tenant exceeds 250 employees; and WHEREAS, the City of Kalispell and the Flathead County Economic Development Authority entered into an agreement to purchase real property with ACG-Kalispell Investors, LLC for the purchase of approximately 2 acres in the amended plat of the Northwest Portion of Gateway West Addition No. 34 for the total purchase price of $312,760.80; and WHEREAS, the City of Kalispell and the Flathead County Economic Development Authority have agreed to equally share in the costs of the land purchase and to hold the property as cotenants with each entity holding an undivided one half interest; and WHEREAS, it is in the best interests of the City to partner with the Flathead County Economic Development Authority and complete the purchase of the above -described property for the purposes of providing necessary parking to its tenants. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: CAIr`7`IO T Tha f i#sr nhaZ� rmm��a#P f3�r mlrr wc� ref fh� Amart�farl 1�]a# of fhP ATnrt cx ar# u._, � � a ,... ...,.. J .,,.�.. 1.�..x.�,,...... ..,.,. r,..........�... ... ..4.. . ,�...,...�..�. ....sue .,� .....+ s ..,,.,......,.,.. Portion of Gateway West Addition No. 34 by contributing one-half of the costs of purchase. SECTION It. The Mayor is hereby authorized to execute all legal documents necessary to complete the purchase of the above -described property. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS I51h DAY OF AUGUST, 2W5, Pamela B. Kennedy Mayor ATTEST: Theresa White City Clerk