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HomeMy WebLinkAbout2924 Resolution RESOLUTION NO. 2 i 2- A RESOLUTION APPROVING AN ASSIGNMENT AGREEMENT AND AUTHORIZING THE CITY MANAGER TO EXECUTE ALL DOCUMENTS NECESSARY TO EFFECT THE PURCHASE OF A 5.95 ACRE VACANT PROPERTY FRONTING ON EAST LEWIS STREET. WHEREAS, the City of Pasco wishes to encourage industrial development in East Pasco which will enhance the City's tax base and increase employment opportunities; and WHEREAS, direct access for trucks to the East Lewis Street/SR-12 Interchange will enhance the marketability of industrial land in East Pasco; and WHEREAS, the owners of NKA East Lewis Street (113-900-020) have agreed to sell, for$65,000, a 5.95 acre site in the path of the proposed truck route to Ercy A. Morse III; and WHEREAS, Ercy A. Morse, III has agreed to assign his rights in the property to the City for$65,000 plus costs, Now, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: That the City Council authorizes the purchase of that tract of land particularly described in Exhibit A attached hereto and made a part hereof for$65,000 and authorizes the City Manager to execute all documents necessary to consummate the purchase.} PASSED by the City Council of the City of Pasco this 5' �day of P-& x2005. 1 Michael L. Garrison Mayor ATTEST: APPR AS TO FORM: C�-rf-Icy w Sandy L. nworthy Leland B. Kerr Deputy City Clerk City Attorney Exhibit A LEGAL DESCRIPTION W 6 AC OF NE4NW4SE4 28-9-30, EXC W 8.2' OF EV WID OF E 271.8'