Resolution 3993 - Purchase Lots 1, 2, 3 Block 24 (Kalispell News)139
RESOLUTION NO. 3993
A RESOLUTION AUTHORIZING THE ACQUISITION OF CERTAIN IMPROVEMENTS
LOCATED ON LOTS 1, 2, AND 3; BLOCK 24■ KALISPELL ORIGINAL FROM
THOMAS PRINTING, INC., AUTHORIZING THE PAYMENT OF RELOCATION
COST, AND FURTHER AUTHORIZING THE PURCHASE OF LOTS 1, 2, AND 3;
BLOCK 24, KALISPELL ORIGINAL SHOULD CERTAIN CONTINGENCIES NOT BE
MET, AND AUTHORIZING THE CITY MANAGER TO ACCEPT SAID IMPROVEMENTS
AND/OR REAL PROPERTY ON BEHALF OF THE CITY.
WHEREAS, the City of Kalispell 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, one of the projects designated by Ordinance No.
1065 consisted of acquiring certain parcels of real property
deemed "blighted" within the Project area and undertaking of
clearance and. demolition activities necessary to make land
available for redevelopment by private enterprise, and
WHEREAS, Thomas Printing, Inc., a Montana Corporation, owns
certain real property within the Downtown Redevelopment Area, to -
wit: Lots 1, 2, and 3; Block 24, Kalispell Original, and
WHEREAS, the City has engaged the services of C. Robert
White, MAI, Helena, Montana for the purpose of providing the City
with an Evaluation of the Kalispell News Property (Thomas
Printing, Inc.), and
WHEREAS, C. Robert White has concluded, with regard to the
Kalispell News Property, that "the lack of a substantial local
market for this type of "heavy duty" building constitutes
external/ economic obsolescence; which meets the definition of
"blight" under Section 7-15-4206, MCA (Urban Renewal Law), and
WHEREAS, Warehouse Industries, Inc., a Washington
corporation, d/b/a Tidyman's has indicated a desire to acquire
the real property comprising Lots 1, 2, and 3; Block 24,
Kalispell Original, for the purpose of incorporating the land
into an overall project involving a grocery store and other
retail outlets, and
WHEREAS, Thomas Printing, Inc. has offered to sell said
property together with the improvements thereon, with
consideration for the cost of relocating the Kalispell News, for
the total sum of two hundred and sixty thousand dollars
($260,000.00), and
WHEREAS, the "Evaluation" of C. Robert White indicated a
value of said property within the range of $200,000.00 to
$300,000.00, and
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WHEREAS, the City of Kalispell and. Warehouse Industries,
Inc., d/b/a Tidyman's anticipate entering into a Development
Agreement concerning the development of retailing outlets on said
property, as well as property adjacent to said property, and the
installation of certain infrastructure improvements to facilitate
said development, and
WHEREAS, the City interests in pursuing the objective
projects designated in Ordinance No. 1065 will be served by
participating in the acquisition of said property pursuant to a
Development Agreement with Warehouse Industries, Inc. or
purchasing said property outright for the purpose of directing
development on said property, or on adjacent property, and
WHEREAS, the City Council after reviewing the offer made by
Thomas Printing, Inc. deems 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 Thomas Printing,
Inc., and purchase the improvements on Lots 1, 2 and 3; Block 24,
Kalispell Original for the sum of one hundred and fifty five
thousand dollars ($155,000.00) said sum to include the cost of
relocating the Kalispell News, and
WHEREAS, it is further in the best interest of the City, and
the Redevelopment Plan, that in the event Warehouse Industries,
Inc. does not enter into a Development Plan, that the City
purchase Lots 1, 2, and 3; Block 24, Kalispell Original, for the
sum of two hundred and sixty thousand dollars ($260,000.00).
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 Thomas Printing, Inc., the
improvements located on Lots 1, 2 and 3; Block 24,
Kalispell Original for the sum of one hundred and fifty
five thousand dollars ($155,000.00), said sum including
the cost of relocating the Kalispell News.
SECTION II. That in the event Warehouse Industries,
Inc. does not enter into a Development Agreement with
regard to said property, The City Manager is authorized
and directed to purchase from Thomas Printing, Inc.,
Lots 1, 2 and 3; Block 24, Kalispell Original for the
sum of two hundred and sixty thousand dollars
($260,000.00), including improvements, said sum
including the cost of relocating the Kalispell News.
SECTION III. That the City Finance Officer is
authorized and directed to pay in accordance with
instructions given from Thomas Printing, Inc. the
necessary funds, in accordance with the directions
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given by the City Manager under Sections I or II,
supra, from funds properly appropriated in the 1991-
1992 Tax Increment Budget and from the proceeds of the
funds made available from the Tax Increment Cash Flow.
SECTION IV. 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 deed to said property.
SECTION V. This Resolution shall take effect
immediately upon passage by the City Council and
approval by the Mayor.
PASSED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AND APPROVED
BY THE MAYOR THIS 1ST DAY OF JULY, 1991.
Attest:
my H. Robertson
Finance Director
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NO.� /►
D. -
, Mayor
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