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4. Valley Bank ParkingCity of Kali'spell Past Office Box 1997 - Kalispell, Montana 0 -1 97 -'telephone 7 -7 Fax - 758-7758 REPORT TO: Honorable Mayor and City Coun fl FROM* Janes H.Patrick, City Manager SUBJECT: Negotiations for the potential transfer of property between valley Bank and the City of Kalispell. MEETING A May 1, 2oo BACKGROUND: The City and valley Bank have been in discussions for some time in an attempt to trade City property at the corner of Main and P Street parkin lot) to valley Bank in exchange for their property located under their current facility and parking areas located at the north east comer of I" Ave W and PStreet. this is successful, this will give the City a half block of parking area to work with for future parking structure. At Monday evening's work session, valley Bank will present a proposal to exchange these properties. Respectfully subrnitte , Janes H. Patrick, City Manager