Resolution 4314 - Authorize Land Purchase1542
RESOLUTION NO. 4374
A RESOLUTION RELATING TO THE ACQUISITION OF LOTS 15, 16 AND 24,
BLOCK 36, KALISPEL-L ORIGINAL TOWNSITE FROM WESTFIELD PROPERTIES,
INC., A UTAH CORPORATION OR AS ASSIGNED, ESTABLISHING A FAIR MARKET
VALUE, IDENTIFYING THE INTEREST TO BE ACQUIRED, AND CERTIFYING THAT
THE WORK OF THE APPRAISER HAS BEEN DONE IN A COMPETENT MANNER.
WHEREAS, the City of Kalispell did, by Ordinance No. 1065 passed
on the 14tb day of November, 1985, designate certain
projects within the Downtown Redevelopment Area as Urban
Renewal Projects, and
WHEREAS, two of the projects designated by Ordinance No. 1065
consisted of the acquisition of land for redevelopment
and construction of off-street parking facilities, and
WHEREAS, Westfield Properties, a Utah Corporation, has offered to
sell Lots 15, 16 and 24, Block 36, Kalispell Original
Townsite, said Lots being located adjacent to real
property owned by the City, known as the KDC Site, which
has previously been offered for sale by the City, and
WHEREAS, the acquisition of said Lots by the City would be
advantageous for the City by making said KDC Site more
attractive for sale, and
WHEREAS, the Department of Planning, Economic and Community
Development has caused an appraisal to be made of Lots
15, 16 and 24 , Block 36, Kalispell Original Townsite by
Ryan Appraisal Service, and
WHEREAS, Ryan Appraisal Service has prepared a report on said
parcels, and
WHEREAS, the Department of Planning, Economic and Community
Development has received said appraisals and has made
recommendations concerning the fair market value of said
property.
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NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL, AS FOLLOWS:
SECTION I. That the fair market value of Lots 15, 16 and
24, Block 36, Kalispell Original, owned in Fee
Simple by Westfield Properties, Inc., a Utah
Corporation or as assigned, is $330,000.00.
.q1trTION TT. That the acquisition of said property for
redevelopment will require the acquisition of
a fee simple estate in the name of the City of
Kalispell from the owners.
SECTION II2. That the work of the Appraiser, with respect
to the property, has been performed in a
competent manner in accordance with State law.
SECTION TV. That the City Manager is authorized and
directed to purchase from Westfield
Properties, Inc., a Utah Corporation or as
assigned, Lots 15, 16 and 24, Block 36,
Kalispell Original for the sum of Three
Hundred and Thirty Thousand Dollars
($330,000.00).
SECTION V. That the City Finance Director is authorized
and directed to pay in accordance with the
instructions from the owners the following
amounts:
Westfield Properties, Inc., a Utah Corporation
or as assigned, Lots 15, 16 and 24 Black 36,
Kalispell Original, the sum of Three Hundred
and Thirty Thousand Dollars ($330,000.00).
SECTION VI. That the City Manager and Finance Officer are
further authorized and directed to pay to
National Flood Insurance the actual costs of
relocation associated with physically moving
the business, located on said property, and
re -installation of equipment and telephone,
said costs shall be payable upon submission of
invoices and shall not exceed the sum of
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Thirty One Thousand Five Hundred Dollars
($31,500.00).
SECTION VTI. 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.
SECTION VIII. This Resolution shall become effective
immediately upon its passage by the City
Council.
PASSED AND APPROVED BY THE CITY COUNCIL AND THE MAYOR OF THE CITY
OF RALISPELL, MONTANA, THIS 312'4- DAY OF Fe.bru.QLr , 1997.
Attest:
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Debbie Giocuu, CMC
Clerk of Council
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