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HomeMy WebLinkAbout05-072 - DATE SUBMITTED: March 2, 2005 BILL # OS - 07d- AGENDA BILL CITY OF BREMERTON CITY COUNCIL ....................~~~~~~j~~~~.~.............................................. SUBJECT: Public Hearingan Real Estate Cammittee Meeting Date: March 9,2005 Purchase and Sale Agreement for SR3 COUNCIL MEETING Date: March 16, 2005 'f 3 -;? 3-05: Praperty 75~<?) SOO Department: Parks & Recreatian Presenter: Ken Mickelsen Phane: 473-5752 SUMMARY: The a eceived an affer to' purchase real praperty knawn as SR3 Park far the appraised value a $568,00 Deed restrictians an the praperty limit the use afthe property far park and recreatian purpases and prohibit the sale except to. anather gavernment agency. The Natianal Park Service has indicated it will release the deed restrictians an the canditian afthe City purchasing appropriate replacement praperty that will be cavered by similar deed restrictians. The current property's value far serving park and recreatian needs afthe City has diminished. Fallawing submissian af a repart by the Parks and Recreatian Baard, City Cauncil must hald two. public hearings regarding the patential sale afthe property and a unanimaus vate afthe full Cauncil is required to. apprave the sale. Public Hearings are scheduled far March 16,2005 and March 23, 2005. ATTACHMENTS: f<,tso t.vrION ~ ;2CfS9 1. Memarandum fram Ken Mickelsen 2. Repart fram the Parks and Recreatian Baard '. 3. Prapased Purchase and Sale Agreement 'f. ~,t'I-;$",l FISCAL IMP ACTS (Include Budgeted Amaunt): Nane. A dedicated accaunt will be created fram the praceeds fram the sale far the purchase af replacement property. APPROVALS: DEPARTMENT DIRECTOR: CITY ATTORNEY: FINANCE DIRECTOR: MAYOR: FISCAL/BUDGET: < CONSENT AGENDA D OPERATIONS: COUNCIL PRESIDENT: RECOMMENDED MO~ION: ~'i 1'1 %i>V\ f:J Y\ 3;1 &; fa 5 +03(1$'5 F2-eso{v-n ov-.::tF aq 0 CAe I mave~1 to. appro.ve the sale pursuant to. the terms afthe purchase and sale agreement; (2) to. autharize the Mayor to. execute all dacuments necessary to. clase the sale; and (3) to. set aside the praceeds fram the sale to. a dedicated accaunt far the sale purpase af purchasing ar impraving park land pursuant to. the Natiana,l Park Service requirements and Natianal Park Service approval. COUNCIL ACTION: ~pprave D Deny D Table D Cantinue D No. Actian ttn~ V crZZ ,