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HomeMy WebLinkAbout2787 Resolution s ` RESOLUTION NO. A RESOLUTION AUTHORIZING THE SALE OF 65,888 SQ. FT. OF SURPLUS REAL PROPERTY AT SUN WILLOWS BUSINESS PARK. WHEREAS, the commercial lands comprising the Sun Willows Business Park, situated between the Sun Willows Golf Course and North 20th Avenue, are surplus to the present and future needs of the City; and WHEREAS, the nature and scale of development of the lands within Sun Willows Business Park is of primary concern to the City Council in assuring the long-term quality of development and associated improvement of the City's tax base; and WHEREAS, sale of parcels within the Sun Willows Business Park 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, St. Andrews Loop, LLC has agree to terms and conditions for the purchase and development of approximately 65,888 sq. ft. located on the southeast corner of the intersection of North 20'h Avenue and St. Andrews Loop to be used for the construction of an office building of not less than 18,000 sq. ft. in size, 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: . Section 1. That the sale of approximately 65,888 sq. ft. of surplus real property at the southeast corner of North 20th Avenue and St. Andrews Loop to St. Andrews Loop, LLC, be approved subject to all terms and conditions in the attached Purchase and Sale Agreement. Section 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 5th day of January , 2001. Michael L. Garrison Mayor ATTEST: APPROVE AS TO FORM: Sandy L. orthy Leland B. Kerr Deputy City Clerk City Attorney