HomeMy WebLinkAbout2237 ResolutionRESOLUTION NO aa3 7
A RESOLUTION authorizing the sale of surplus City property
WHEREAS, the City of Pasco has obtained title to certain real
properties due to delinquent Local Improvement District
Assessments, and
WHEREAS, said real properties are surplus to the needs of the
City of Pasco and it is in the public interest the properties be sold to
raise revenues for the Local Improvement Guarantee Fund, and
WHEREAS, the City previously advertised the property for sale,
and
WHEREAS, the City desires to sell the property and the City
Council believes the price offered is reasonable considering fair
market value, NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON, DO
RESOLVE AS FOLLOWS
Section 1 That the City Manager is authorized to execute the
appropriate documents for the sale of the following properties to the
following purchaser at the terms set forth below
A Community Health Center, LaClinica 75 lots located in
Avery's Addition, Block 3 (Lots 1-28), Block 4 (Lots 1-28)
and Block 1 (Lots 11-19) for a total of $26,000, to be paid
in cash within 180 days from the date of this Resolution
B The deeds for said lots shall stipulate that the initial
occupants of homes built on the lots be owner-occupants
The deeds shall also contain reverter clauses stating that
should homes not be completed on each lot fronting on
Cedar Avenue (Block 3, Lots 1-14 and Block 1, Lots 11-
19) within 18 months, the undeveloped lots shall revert
back to the City and the purchaser shall receive one-half
of the purchase price as a refund The City shall grant
extensions for good cause shown if substantial
construction is in progress
PASSED by the C ty Council of the City of Pasco, Washington this
ay of F , 1996
/ " - Charles D Kilbury, ayor
APPROVED AS TO FO
/4-11.11n
The sale of lots on Block 1, Lots 11-19, Avery's Addition
shall be contingent upon City approval of a rezoning of
these lots to "residential "
Conveyance shall be by Local Improvement Assessment
Deed, approved by the City Attorney, subject to all
easements, restrictions, covenants and reservation of
record and delivered to the purchaser upon receipt of the
cash purchase price Purchasers shall be responsible for
recording and all costs associated therewith
ATTEST
Catherine D Seaman, Deputy City Clerk
Leland err, Interim City A orney