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HomeMy WebLinkAboutResolution No. 2008-184C''iTY OF [''OT.TIMRIA uFTGHTS RESOLUTION 2008-184 APPROVING THE ACQUISITION OF PROPERTY LOCATED AT 961 GOULD AVE 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 inten~ention by the City to prevent fi2rther deterioration of the area: and WHEREAS, the city has the option to acquire such property pursuant to the Purchase Agreement by and between the City of Columbia Heights and Realty Executives Top Producers (the ``seller") and Purchase Agreement has been signed by the seller and provided to the City Council NOW THEREFORE BE IT RESOLVED 1. The City Council hereby approves the terms of the Purchase Agreement for 961 Gould Ave NE between the City of Columbia Heights and Realty Executives Top Producers and authorizes the Mayor and City Manager to sign the agreement on behalf of the city at a purchase price of $30,000.00 plus all ancillary costs associated with closing. 2. The City Council hereby authorizes the staff 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 payments of the purchase cost from the Housing Fund established in 2007. 4. The City Council directs staff to negotiate an agreement with Stadium Village Properties for the storage of snow from the parking ramp and removal of the existing building. If the building removal is not successfully negotiated with Stadium Village Properties; staff is authorized to get bids for the removal. Passed this 25`" day of August 2008 Offered By: D~iehm Second By: Kelzenberg Roll Call: Ayes: Peterson, Williams, Diehm, Kelzenberg Nay: Nawr A est: (f E ~ ` -~'° ( o a. f i } A r .. x Patricia Muscovitz, CMC City Clerk. ~'` :,@.xr . _ Mayor Gary. Peterson