Loading...
HomeMy WebLinkAbout21-084 Approving a Purchase and Sale Agreement for the Purchase of 14.4 Acres of Property on Evans Vista and Authorizing the City Manager to Execute all Documents Needed to Complete the Property Purchase Resolution 21-084 RESOLUTION NO. 21-084 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON APPROVING A PURCHASE AND SALE AGREEMENT FOR THE PURCHASE OF 14.4 ACRES OF PROPERTY ON EVANS VISTA AND AUTHORIZING THE CITY MANAGER TO EXECUTE ALL DOCUMENTS NEEDED COMPLETE THE PROPERTY PURCHASE WHEREAS, on August 16, 2021, the City Council authorized the City Manager to execute a purchase and sale agreement, contingent on final City Council approval, for 14.4 acres of property on Evans Vista, specifically Jefferson County Assessor Tax Parcel number 001094806; and WHEREAS, the City anticipated purchasing the property for affordable, workforce, and mixed income housing using Department of Commerce grants; and WHEREAS, the City staff provided a property purchase due diligence briefing at the December 6, 2021 regular business Council Meeting; and WHEREAS, the City Council authorized a contract with WillametteCRA to perform a cultural resources survey as part of the City's due diligence; and WHEREAS, WillametteCRA discovered a possible quarantine center on the property which may affect the value of the property; and WHEREAS, the purchase and sale agreement calls for an escrow account in order to mitigate any possible cultural resources; and WHEREAS, the City has negotiated a purchase price of$1,330,000 plus costs; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend, Washington, approving the purchase of 14.4 acres of property on Evans Vista and authorizing the City Manager to execute all documents need to complete the purchase. ADOPTED by the City Council of Port Townsend, Washington, at a regular meeting thereof, held this 20t" day of December 2021. Michelle Sandoval Mayor Attest: Approved as to form: Joanna Sanders, MMC 1leidi x �meri �ocl City Clerk City Attorney