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Resolution 5101 - Hilton Garden Inn/Authorize Manager to Negotiate with GHGRESOLUTION NO.51.01 A RESOLUTION TO APPROVE THE PROPOSAL OF GATEWAY HOSPITALITY GROUP [GHGI FOR THE PURCHASE AND DEVELOPMENT OF THE CITY OWNED ARMORY SITE AND TO DIRECT THE CITY MANAGER TO NEGOTIATE THE TERMS OF A DEVELOPER'S AGREEMENT AND PURCHASE AND SALES AGREEMENT WITH GHG. WHEREAS, certain property in the City of Kalispell located at 1540 US Highway 93 South, commonly known as the Armory property recently reverted ownership from the Montana National Guard to the City of Kalispell; and WHEREAS, pursuant to MCA 7-8-4201, the City of Kalispell is authorized to dispose of city owned property; and WHEREAS, the City of Kalispell solicited proposals for the purchase and development of the city owned Armory property and received a proposal from the Gateway Hospitality Group [GHGI that met the required appraised price and other criteria set forth in the request for proposals; and WHEREAS, the terms of a purchase and sales agreement and a developer's agreement must be negotiated and agreed upon between the City of Kalispell and GHG before the sale may be consummated. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. The City Manager is directed to negotiate a purchase and sales agreement and a developer's agreement with the Gateway Hospitality Group that is consistent with the proposal provided and that is in the best interests of the City of Kalispell and to bring such purchase and sales agreement and developer's agreement to the City Council for its review and approval PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALISPELL, THIS 27TH DAY OF MARCH, 2006. F Pamela B. Ken y Mayor .ATTEST: ta Theresa White City Clerk