HomeMy WebLinkAbout2373 ResolutionCharles D Kilbury, Ma
RESOLUTION NO. rq 9 73
A RESOLUTION authorizing the sale of surplus City property
WHEREAS, the City of Pasco has acquired title to real property located at Lot 12
and the south half of the vacated east/west alley, Block 1 of Gantenbien's
Addition through the purchase of tax foreclosed properties from Franklin County,
and
WHEREAS, said real property is surplus to the needs of the City of Pasco and it
is m the public interest that the property be sold to raise revenues for the Local
Improvement Guarantee Fund and be placed back on the tax rolls for the City and
the County
WHEREAS, a minimum value for the property must be established to guarantee
a reasonable return, now therefore,
THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DOES
RESOLVE AS FOLLOWS
1 The City Manager is authorized to request proposals and to negotiate a sales
agreement for the property referenced herein, to purchaser(s) for a price not
less than $8,500 Lots that remam unsold after the bid process will be sold on
a first come, first serve basis for the minimum bid price
2 The deed for this property shall state that the sale is subject to the construction
of a residential structure thereon to be sold to and/or occupied by an owner-
occupant within eighteen (18) months from the date of the deed
3 The City Manager is authorized to sign a deed as authorized by this resolution
on behalf of the city and conveying the real property described therein to the
purchaser
4 The closing of such purchase shall be at Pasco City Hall The purchaser shall
be responsible for all costs of recording the Deed and for the costs of any title
insurance desired by the purchaser
Passed by the city Council of the city of Pasco, at a regular meetmg this 18th day of May,
1998
City of Pasco:
Attest:
00,41.0
Catherine D Seaman, Deputy City Clerk
Approv s To Form:
Leland B Kerr, City Attorney
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PARCEL # 112-381-129
Lot 12 & the south half of the
vacated east/west alley, Block 1,
Gantenbien's Addition
60 ft. x 130 ft.
7,837 sq ft
16 1