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HomeMy WebLinkAbout2184 RESOLUTION NO. 2184 WHEREAS, Resolution 2135 surplused approximately 160 acres of Utility owned forest lands north of Old Clifton Road; and WHEREAS, it is in the best interests of the City to dispose of this property through negotiated exchange with the McCormick Land Company as partial consideration for acquisition of approximately 445 acres of McCormick Company land south of the Twin Lakes Reservoir adjacent to the City's watershed which has been identified for acquisition by Resolution 2135 as part of the City's water resource management plan; and WHEREAS, the City will be credited with the fair market value of its property in this exchange; now, therefore BE IT RESOLVED BY THE CITY OF BREMERTON That the Mayor is authorized to execute the Real Estate Purchase, Sale and Exchange Agreement attached hereto as Exhibit "1," which incorporates the exchange of the Bremerton Utility property of approximately 160 acres located in Kitsap County and described as: That portion of the SW 1/4 lying north of Old Clifton Road and that portion of the NW 1/4 of the SE 1/4 lying West of Anderson Hill Road, all in Section 4, Township 23 N, Range 1 E, W.M. That the Mayor is further authorized to execute deeds and other documents necessary to consummate the transaction set forth in Exhibit "1." PASSED by the City Council of the City of Bremerton this 7th day of October, 1987. SPENCER HORNING President, City Council APPROVED this 8 day of October, 1987. GENE LOBE, Mayor ATTEST: KATHLEEN L. McCLUSKEY, Clerk