Loading...
HomeMy WebLinkAbout3934 Resolution - Surplus PropertyRESOLUTION NO. 3934 A RESOLUTION OF THE CITY OF PASCO, WASHINGTON, DECLARING SURPLUS, FIXING A MINIMUM PRICE AND DETERMINING THE METHOD OF SALE OF CERTAIN REAL PROPERTY ON HERITAGE BOULEVARD. WHEREAS, the City owns vacant real property located along Heritage Boulevard, more specifically described as Franklin County Parcel No. 113900092 which is surplus to City needs; and WHEREAS, the City has had the property for sale at an established price based upon a market analysis through its real estate broker; and WHEREAS, the City Council now finds as follows: 1. That the property has no value for a municipal use; 2. That the proposed market price of $127,413.00 is in line with the market analysis value of the Property; and 3. That the benefits to be derived from the sale of the property, demonstrate a value in excess of the value of continuous ownership/maintenance by the City. 4. That a listed sale is the most likely method of sale for the City to receive the most value of the sale of the property. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON: That the City -owned property located on Heritage Boulevard, more specifically known as Franklin County Parcel No. 113900092, is hereby declared surplus to the needs of the City of Pasco, and Be It Further Resolved, that the listing price for the aforementioned property be accepted as $127,413.00 as determined through market analysis. Be It Further Resolved, that the City has determined that the best method to sell this property is by listed sale. PASSED by the City Council of the City of Pasco, Washington this 21" day of January, 2020. Saul Martinez Mayor ATTEST: Debra Barham, CMC City Clerk Resolution -1 APPROVED AS TO FORM: Kerruson Law PLLC Attorney