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Resolution 3970 - Authorize Purchase of Firestone Property59 RESOLUTION NO. 3970 A RESOLUTION AUTHORIZING THE PURCHASE OF LOTS 13, 14, 15 AND 25' OF AN ABANDONED ALLEY, IN BLOCK 25, KALISPELL ORIGINAL FROM THE FIRESTONE TIRE AND RUBBER COMPANY AND AUTHORIZING THE CITY MANAGER TO ACCEPT SAID PROPERTY ON BEHALF OF THE CITY CIF KALISPELL. WHEREAS, the City of Kalispell has the authority pursuant to Section 7-15-4258, Montana Code Annotated to purchase real property and to hold, improve, clear or prepare said property for redevelopment, and WHEREAS, the City by Ordinance No. 1065 passed on the 4th day of November, 1985, did designate certain projects within the Downtown Redevelopment Area as Urban Renewal Projects, and WHEREAS, on of the projects designated by Ordinance No. 1065 consisted of the acquisition by the City of certain parcels of land deemed "blighted" within the Project Area and the undertaking of clearance and demolition activities necessary to make the land available for redevelopment by private enterprise, and WHEREAS, the Firestone Tire and Rubber Company, a corporation owns certain real property, to -wit: Lots 13, 14, 15 and 25' of an abandoned alley in Block 25, Kalispell Original, Flathead CountIl, Montana, said real property being within the Project Area, and WHEREAS, the Firestone Tire and Rubber Company has offered to sell said real property to the City for the sum of $164,500, and WHEREAS, the City Council after reviewing the offer made by the Firestone Tire and Rubber Company deem it appropriate, pursuant to Ordinance No. 1065, and in the best interest of the Kalispell Redevelopment Plan, that the City accept the offer made by the Firestone Tire and Rubber Company, and purchase the property for the purpose of making it available for redevelopment by private enterprise. NOW AND THEREFORE, be it resolved by the City Council of the City of Kalispell, as follows: SECTION I. That the City Manager is authorized and directed.to purchase from the Firestone Tire and Rubber Company Lots 13, 14, 15, and 25' of an abandoned alley in Block 25, Kalispell Original, Flathead County, Montana, for the sum of One Hundred and Sixty Four Thousand Five Hundred Dollars ($164,500.00). SECTION II. That the City Clerk is authorized and directed to pay in accordance with instructions from Firestone Tire and Rubber Company the sum of One Hundred and Sixty Four Thousand Five Hundred Dollars ($164,500.00) with funds properly appropriated from the cash flow of the Tax Increment Financing District of the City of Kalispell. SECTION III. That the City Attorney is authorized and directed to prepare any documents necessary to effect this Resolution and the City Manager is authorized and directed to accept and properly record on behalf of the City of Kalispell the deed to said property. PASSED BY THE CITY gWNCIL OF THE CITY OF KALISPELL AND APPROVED BY THE MAYOR THIS 7_ DAY OF JANUARY, 1991. i MZ, ra"m J I 7MAYOR ATTEST: 4 "O-e� VAN 1W C 1