Loading...
HomeMy WebLinkAbout08-193 DATE SUBMITTED: August 20, 2008 BILL# 08 - 1'13 AGENDA BILL CITY OF BREMERTON CITY COUNCIL ...................~........................................................................... S T bl' , !{~SOllt-h~ C ' M 'D Au 27 2008 UBJEC : Pu IC Heanng on vrtllR3R"e ommlttee eetmg ate: gust, No. ~ Declaring Certain Public COUNCIL MEETING Date: September 3, 2008 Utility Property Surplus and Approving a Department: Public Works Negotiated Sale. Presenter: Phil Williams Bill McKinney Phone: 473-5315 473-5354 SUMMARY: A ten acre parcel located on the eastern boundary of Water Utility lands, described as the East 1/2, Northwest 1/4, Northeast 1/4, Section 29, Township 24 North, Range 1 East (portion of Tax Parcel #292401-2-002-2008), has been determined to be surplus to the needs of the Utility. In December 2007 an amendment to the City Comprehensive Plan was adopted changing the zoning of this parcel from City Utility Land to Low Density Residential. A fair market value of $320,000 was determined by certified appraisal in June 2008. The adjacent property owner, Bremerton Werner, LLC has offered to purchase the property at the appraised fair market value. It is the recommendation of Public Works & Utilities staff that the Council approve the attached resolution and real estate purchase agreement. ATTACHMENTS: 1.) Resolution No. 30 (of6 ; 2.) Real Estate Purchase and Sale Agreement with Eamest Money Provision; and 3.) Appraisal dated June 27,2008. FISCAL IMPACTS (Include Budgeted Amount): Sale price in the amount of $320,000 available to the Water Utility. APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: COMMITTEE CHAIR ~ ,} COUNCIL PRESIDENT: ' CONSENT AGENDA 0 ,~:..._ _~,'~1 GENERAL BUSINESsy;~",i PUBLIC HEARING RECOMMENDED MOTION: Move to pass Resolution No. 3010 B , declaring ten acres of City Water Utility land surplus, and authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented and to finalize and execute any and all documents necessary to close the transaction; and that the proceeds from this sale be used for future acquisition ofpropefty or properties beneficial to the Water Utility. COUNCIL ACTION: 0" Approve 0 Deny 0 Table 0 Contip.ue 0 No Action ,i l',