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HomeMy WebLinkAbout08/07/2013 6G (0 6 , AGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Purchase and Sale Agreement Study Session Date. July 24, 2013 for property at 1116 Charleston Beach Road COUNCIL MEETING Date: August 7, 2013 Department: PWBU Presenter: Chal Martin Phone: 473 -5758 SUMMARY: The City of Bremerton has received an offer to purchase the former City field office located at the comer of SR 304 and Charleston Beach Road The potential purchaser is Brian Lee Rose and Annette Mark Atkinson. The company has proposed using the budding for a coffee shop/ retail site. The proximity to and exposure of the property to the highway have placed this site above several others viewed by the company owners. ATTACHMENTS: Purchase and Sale Agreement, Map Exhibit FISCAL IMPACTS (Include Budgeted Amount). The City will be receiving $140,000 for the property. As the property was purchased for the SR 304 Transportation Improvement Project which utilized Washington State funding, Monies from the sale will go to the Street Fund to be used for arterial street improvements Monies received are required to be used for arterial street improvements within the City. STUDY SESSION AGENDA. ® No Discussion ❑ Full Presentation STUDY SESSION ACTION: ® Consent Agenda ❑ General Business ❑ Public Hearing RECOMMENDED MOTION: Approve the sale and authorize the Mayor to finalize and execute the Purchase and Sale Agreement with substantially the same terms and conditions as presented. COUNCIL ACTION: [J ' Approve ❑ Deny ❑ Table ❑ Continue ❑ No Action Form Updated 11/02/12