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HomeMy WebLinkAbout2650 Resolution RESOLUTION NO. a',P'50 A RESOLUTION regarding the sale of suuplus property in the vicinity of TRAC for the development of a hotel. WHEREAS, the City has entered into an Interlocal Agreement with Franklin County for the disposition of Lot#6 (Hotel property near TRAC); WHEREAS, said real property is surplus to the needs of the City of Pasco; WHEREAS, the City of Pasco solicited proposals and received two responsible submittals for the property. WHEREAS, A-1 Hospitality submitted the high bid of$125,000 for the property, Now Therefore, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DOES RESOLVE AS FOLLOWS: (1) The City Manager is authorized to negotiate a Sales Agreement with A-1 Hospitality,for a price not less than$125,000. (2) The City Manager shall submit the negotiated Sales Agreement to City Council for consideration and final approval. PASSED by the City Council of the City of Pasco, at a regular meeting this 4t' day of March, 2002. City of Pasco ll''L Michael Garrison, Mayor ATTEST: Catherine D. Seaman, Deputy City Clerk APPROVED AS TO FORM: Leland B. Kerr,City Attorney