HomeMy WebLinkAbout4104 Resolution - Public Works Board 10M Loan Award RESOLUTION NO. 4104
A RESOLUTION OF THE CITY OF PASCO, WASHINGTON,
APPROVING THE SURPLUS OF CERTAIN REAL PROPERTY ON ROAD 40
EAST.
WHEREAS, in accordance with Pasco Municipal Code (PMC) 2.120.010, prior to a sale
of real property the City Council shall declare the same to be surplus and the sale to be in the best
interest of the City;
WHEREAS,the City Council hereby declares that it is in the best interest to surplus Parcel
No. 112-540-019, as it is no longer needed for municipal purposes, and determines the method of
sale shall be by and through a listing agent selected through the RFQ process; and
WHEREAS,pursuant to PMC 2.120.030 the City Council may determine to effect the sale
by way of, among other methods, a listing agent, after request for qualifications (RFQ) for a
qualified licensed realtor,but in any event shall declare the method of sale of the surplus property;
and
WHEREAS, the Pasco City Council authorized the listing for sale of a 40.3 acre property
along Road 40 East,more formally known as Parcel No. 112-540-019, subject to final approval of
the City Council and in accordance with the recommendations of the City's Real Estate Broker;
and
WHEREAS,the City Council listed the subject property with a qualified realtor under the
terms of the negotiated listing agreement(attached Exhibit(A))which among other things includes
the terms of the listing,the minimum price of the subject property,realtor services to be performed
and expresses that the Council's approval is a condition precedent to the sale being completed; and
WHEREAS, an offer has been received by the city in the sum of$3,300,000.00; and,
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF TI�E CITY
OF PASCO,WASHINGTON:
That the City Manager is authorized to market this property through realtor listing for a
minimum price to be determined through market analysis.
Resolution—Surplus Road 40 E.Property- 1
PASSED by the City Council of the City of Pasco, Washington and approved as provided
by law this 18t1i day of October, 2021.
�� �
Saul Martinez
Mayor
ATTEST: APPROVED AS TO FORM:
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Debra Barham, CMC Kerr Fe aw, PLLC
City Clerk Cit ttorney
Resolution—Surplus Road 40 E.Property-2
DocuSign Envelope ID:54C863B3-EF89-43F5-A3E5-6258617076C2
Exhibit A
S�cond Qmendment To
�I� �VN Contract
RERFRSCOMPqNY
This Amendment to Listing Agreement is part of the Contract Agreement dated August 13.2018 between
City of Pasco["Owner"j and SVN I Retter&Companx["Firm"J.
IT IS AGREED BETWEEN THE SELLER AND FIRM AS FOLLOWS:
The following property will be offered for sale at the list prices,effective August 19,2021:
Road 40 South
40.3 Acres
Parcel#112-540-019
$1.60/sf
$2,800,000
SELLER FIRM
DocuSigned by: DocuSigned by:
BY: � � �b�e �,SWbt�Cu,
By: ��F(1f1AFdAF15dG7
(Authorized RepresentativeJ (Authorized Representative)
8/18/2021 8/18/2021
Date: Date:
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