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HomeMy WebLinkAbout2529 Resolution RESOLUTION NO. 2529 A RESOLUTION AUTHORIZING THE SALE OF CERTAIN SURPLUS REAL PROPERTY FRONTING ON 26TH AVENUE. WHEREAS, 41,510 sq. ft. of vacant land fronting on 261h Avenue and Park Street is surplus to the present and future needs of the City; and WHEREAS, the nature of development of the land in the vicinity of Stevens Middle School and a nearby elementary school now under construction is of primary concern to the City Council in assuring the long-term quality of development and associated improvements of the city's tax base; and WHEREAS, sale of parcels fronting on 26th Avenue and Park Street can best fulfill the City's objectives if accomplished through negotiated sales to include appropriate terms and conditions regarding the nature, scale, and timing of development; and WHEREAS, Tyson Pischel has agreed to terms and conditions for the purchase and development of approximately 41,510 sq. ft. of vacant land fronting on 26th Avenue and Park Street for the construction of five single family homes, such terms and conditions being appropriate to fulfill the City's objectives; NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DO RESOLVE AS FOLLOWS: (1) That the sale of approximately 41,510 sq. ft. of surplus real property on 20h Avenue be approved subject to all terms and conditions in the attached Purchase and Sale Agreement. (2) That the City Manager is hereby authorized to execute all documents necessary to effect the sale of the property in accordance with the Purchase and Sale Agreement. PASSED by the City Council of the City of Pasco, at a regular meeting this 15th day of May, 2000. Michael L. Ga ison, Mayor AT ST' APPROVED AS TO FO Catherine D. Seaman,Deputy City Clerk land B. kwr, City Attorney