Resolution 4365 - Kalispell Center Partners - KDC SiteRESOLUTION NO. 4365
A RESOLUTION AUTHORIZING THE SALE OF LOTS 1 THROUGH 14, BLOCK 36
AND LOTS 1 THROUGH 4 AND THE NORTHERLY 7" LOT 5, BLOCK 45,
KALISPELL, FLATHEAD COUNTY, MONTANA, TO KALISPELL CENTER PARTNERS,
A PARTNERSHIP, AND AUTHORIZING THE CITY MANAGER TO ENTER INTO A
DEVELOPMENT AGREEMENT WITH KALISPELL CENTER PARTNERS.
WHEREAS, the City of Kalispell, a municipal corporation, owns
certain real property described as Lots 1 through 14,
Block 36 and Lots 1 through 4 and the North 7" Lot 5,
Block 45, Kalispell, Flathead County, Montana, and
WHEREAS, by Ordinance No. 1065 the City Council established as
projects the acquisition of property within the Downtown
Redevelopment Plan Area for the purpose of eliminating
blight and the creation of additional parking with the
downtown area of Kalispell, and
WHEREAS, pursuant to said Ordinance No. 1065 the City purchased
the above described real property on October 14, 1988,
and
WHEREAS, on October 7, 1996, pursuant to an advertisement
published in accordance with § 7-15-4263, MCA, the City
accepted proposals for the purchase and redevelopment of
said property, however, no proposals were received, and
WHEREAS, on August 18, 1997, Kalispell Center Partners submitted
a proposal for the purchase and redevelopment of said
property for purposes consistent with the Downtown
Redevelopment Plan, Ordinance No. 933, as amended, and
WHEREAS, the City and Kalispell Center Partners desire to enter
into negotiations on a Development Agreement which
adequately addresses the obligation of Kalispell Center
Partners to redevelop the property, and
WHEREAS,. the City Council desires to sell said property to
Kalispell Center Partners for redevelopment as specified
in the Development Agreement, and
WHEREAS, said property is not held in trust for a specific purpose
and an election is not necessary to affect its.Bale, and
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WHEREAS, the Development Agreement shall in all respects comply
with Ordinance No. 933, as amended and Ordinance No. 1065
and said sale will be in the best interest of the City of
Kalispell and its inhabitants, and
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
KALISPELL, AS FOLLOWS:
SECTION I. That the Manager is hereby authorized to enter
into negotiations with Kalispell Center
Partners and reduce to writing a Development
Agreement consistent with the Kalispell
Downtown Redevelopment Plan, the Kalispell
Downtown Center Offering Document, and the
Redevelopment Proposal of Kalispell Center
Partners.
SECTION II. That upon review and approval of the
Development Agreement by the City Council, the
Mayor and City Clerk of Council are, hereby,
authorized execute all legal documents
necessary to transfer, by Grant Deed, all the
City's right, title and interest in the
property described as Lots 1 through 14, Block
36 and Lots 1 through 4 and the North 7" Lot
5, Block 45, Kalispell, Flathead County,
Montana, to Kalispell Center Partners, said
sale being contingent on receipt of the sum of
not less than $419,495.00 less any amounts
previously received.
PASSED AND APPROVED BY THE CITY COUNCIL AND MAYOR OF THE CITY
OF KALISPELL, THIS f6-� DAY OF SEPTSMBER, 1997.
DOUG D. RAUTHE - MAYOR
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Debbie i d, CMC
Clerk of Council
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