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HomeMy WebLinkAbout2604 Resolution RESOLUTION NO. 2604 A RESOLUTION authorizing the sale of certain surplus real property on South 10"' Avenue near West Lewis Street. WHEREAS, land located in a section of South 10"' Avenue right-of-way near West Lewis Street is surplus to the present and future needs of the City; and WHEREAS, due to their small size and irregular shape these lands only have development potential as part of an adjacent development; and WHEREAS, additional retail development in the downtown area will assist in the revitalization of the area and improve the City's tax base; and WHEREAS, the sale of these sections of surplus right-of-way can best fulfill the City's objectives if accomplished through negotiated sale to developers of adjacent properties; and WHEREAS, Gaylord Real Estate LLC has agreed to terms and conditions for the purchase of approximately 8,300 sq. ft. on South 10�" Avenue near West Lewis Street, such terms and conditions being appropriate to fulfill the City's objective; NOW THEREFORE THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DO RESOLVE AS FOLLOWS: (1) That the sale of approximately 8,300 sq. ft. of surplus real property on South 10`" Avenue near West Lewis Street to Gaylord Real Estate LLC, be approved subject to all terms and conditions in the attached Purchase and Sale Agreement. (2) 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, this 6"' day of August, 2001. Michael L. Garrison, Mayor ATTEST APPROVED AS TO FORM: Catherine D. Seaman, Deputy City Clerk Leland B. Kerr, City Attorney