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HomeMy WebLinkAbout07-122 DATE SUBMITTED: April 25, 2007 BILL # 07- J d-d- AGENDA BILL CITY OF BREMERTON CITY COUNCIL ........................................................................................ SUBJECT: Real Estate Purchase and Sale Committee Meeting Date: May 9, 2007 Agreement United Association Local 26 COUNCIL MEETING Date: May 16,2007 Building Association Department: City Attorney's Office. Presenter: Roger A. Lubovich Phone: 473-2345 SUMMARY: Staff is requesting approval of the purchase and sale agreement with United Association Local 26 Building Association to purchase the "Plumber's and Steam Fitter's Union property", which is adjacent to Evergreen Park for expansion of the park. ATTACHMENTS: Real Estate Purchase and Sale Agreement with Earnest Money Provision FISCAL IMPACTS (Include Budgeted Amount): The purchase price of the property is $240,000, plus necessary closing costs. ""\"-... 2..C)()' \o~~~~ \. ~"" ~c.<.._'t.. ~r...t.', \\\-\e~ ~.....~~..,." ~~.\ o~ \~ ~\~Q~ ~'\~ ~\) t"t..\.....c-c;..a. \..\.."')__ ~hlc., APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: COMMITTEE CHAIR <<,,~ COUNCIL PRESIDENT: CONSENT AGENDA ~ GENERAL BUSINESS 0 PUBLIC HEARING 0 RECOMMENDED MOTION: Move to approve the Real Estate Purchase and Sale Agreement with Earnest Money Provision between the City of Bremerton and United Association Local 26 Building Association and authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions and to execute any and all documents necessary to close the transaction. COUNCIL ACTION, ~rove o Deny o Table o Continue o No Action