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HomeMy WebLinkAboutResolution No. 2002-46 RESOLUTION 2002 - 46 BEING A RESOLUTION AUTHORIZING THE PURCHASE OF 4833 UNIVERSITY AVENUE N.E. WHEREAS, the City Council of the City of Columbia Heights (the "City) has an on-going Abatement Fund suitable for purchase of blighting influences within the City; and WHEREAS, the City has found that there exists conditions of deterioration, and substandard structure, in need of repairs which are in violation of the City Housing Code and City Ordinances or there exists a need (due to blighting influences) for intervention by the City to prevent further deterioration of the area; and WHEREAS, the City has an option to acquire such property pursuant to the Purchase Agreement by and between the City of Columbia Heights and Gilbert Harris (the "Seller") and such Purchase Agreement has been signed by the Seller and provided to the City Council. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Columbia Heights that: The City Council hereby approves the terms of the Purchase Agreement for 4833 University Avenue N.E. between the City of Columbia Heights and Gilbert Harris and authorizes the Mayor and the City Manager to sign the agreement on behalf of the City at a purchase price of $75,900 based on negotiations with the property owner. The City Council hereby authorizes the City Manager to handle all the requirements and conditions in order for the City to complete the transaction contemplated in the Purchase Agreement. 3. The City Council approves payment of the purchase cost fi.om the City Abatement Fund. Passed this 8th day of July 2002. Offered by: Second by: Roll Call: Williams Wyckoff Ayes: Peterson, Williams, Wyckoff Nay: Nawrocki Mayol"Gary L. Peterson Attest: ,~lgha~icia Muscovitz, Deputy City (~lerk