HomeMy WebLinkAboutResolution 2001-56 RESOLUTION 2001 - 56
BEING A RESOLUTION AUTHORIZING THE PURCHASE OF 3718 CENTRAL AVENUE N.E.
WHEREAS, the City Council of the City of Columbia Heights (the "City) has an on-going Community
Development Block Grant (CDBG) funded Commercial Revitalization Program; and
WHEREAS, the City has found that there exists conditions of deterioration, substandard residential
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 one such residential property pursuant to the Purchase
Agreement by and between the City of Columbia Heights and Heidi G.K. vonHeideman (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 3718 Central Avenue
N.E. between the City of Columbia Heights and Heidi G.K. vonHeideman and authorizes the
Mayor and the City Manager to sign it on behalf of the City at a purchase price of $70,000, which is
established as the fair market value based on the amount being the price for the property offered for
sale by the owner and the value being determined by comparison of formal appraisals of the
property.
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.
The City Council approves payment of the purchase cost from the City Community
Development Block Grant Program funds.
Passed this 8z day of October, 2001
Offered by: Williams
Second by: Szurek
Roll Call: Ayes: eeterson, Szurek, Wyckoff, William~ocki f . )
~Vlal~r G~-~ L~Pet[~rson
' ' ' Cl'rk~
P~ric~a Muscomtz, Deputy City