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HomeMy WebLinkAbout05/04/2011 6A DATE SUBMITTED April 18, 2010 AGENDA BILL CITY OF BREMERTON CITY COUNCIL (4A SUBJECT: Study Session Date April 27�', 2011 Purchase and Sale Agreement for Anderson COUNCIL MEETING Date May 4"', 2011 Cove Property Department- Public Works\Parks Presenter Akhimie\Birkenthal Phone 473 -5315, 473 -4552 SUMMARY: Alan G Cady and Carla M Cady own 62 acre of property located at 2320 19` Street that City staff proposes to purchase to provide storm water infiltration for the 65 acre Anderson Cove basin and provide waterfront recreation access for the adjoining neighborhood The purchase price of $330,000 is identical to the appraised value Parametrix consultants completed an environmental review of the property on April 20` 2011 This acquisition is 100% funded by Department of Ecology Storm Water Retrofit and Low Impact Development Grant G1100226 approved by City Council in 2010 ATTACHMENTS: Purchase and Sale Agreement Exhibit "A" Legal Description Exhibit "B" Location Map Exhibit "C" Property Transfer Disclosure Statement FISCAL IMPACTS (Include Budgeted Amount) $800,000 budgeted from DOE Grant GI 100226 for the Purchase, Demolition and Storm Water Infiltration Improvements APPROVALS: DEPARTMENT DIRECTOR CITY ATTORNEY FINANCE DIRECTOR r r MAYOR COMMITTEE CHAIR COUNCIL PRESIDENT CONSENT AGENDA ❑ GENERAL BUSINESS PUBLIC HEARING RECOMMENDED MOTION: I Move to approve the purchase and sale agreement for the purchase of the Anderson Cove property owned by Alan G Cady and Carla M Cady in the amount of $330,000 and authorize the Mayor to finalize and execute the agreement with substantially the same terms and conditions as presented COUNCIL ACTION: Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action