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HomeMy WebLinkAbout05/20/2015 6G AGENDA BILL CITY OF BREMERTON CITY COUNCIL SUBJECT: Property Purchase at 646 Study Session Date: 5/13/15 Washington Avenue COUNCIL MEETING Date: 5/20/15 Department: PW&U Presenter: Chal Martin Phone: (360)473-5758 SUMMARY: In conjunction with the Washington Avenue Community Boulevard reconstruction project, the City has an opportunity, through its Sewer utility, to purchase and demolish the beach house at 646 Washington Avenue. This action will be credited as environmental mitigation for future projects involving beach main abandonment. This purchase will enable the beach in this location to be partially restored by removing the over-water beach house and pilings. ATTACHMENTS: 1) Real Estate Purchase and Sale Agreement 2) Exhibit A 3) Exhibit B 4) Exhibit C FISCAL IMPACTS (Include Budgeted Amount): The purchase price is $132,000, plus escrow and closing costs as indicated in the agreement. The purchase price is supported by a City-initiated appraisal. Funds to cover this expense are included in the 2015 Washington Avenue Connector budget. STUDY SESSION AGENDA: ❑ No Presentation ❑x Full Presentation STUDY SESSION ACTION: ❑x Consent Agenda ❑ General Business ❑ Public Hearing RECOMMENDED MOTION: Move to purchase the property at 646 Washington Avenue, 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 Form Updated 01/07/15