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HomeMy WebLinkAbout95-052Resolution No. 95- ,5'-~2 RESOLUTION OF THE CITY COUNCIl. OF THE CITY OF PORT TOWNSEND AUTHORIZING THE MAYOR TO COMMENCE NEGOTIATION FOR PARTICIPATION IN THE FUNDING AND PURCHASE OF THE THOMAS OIL SITE The City Council of the City of Port Townsend, Washington, in regular session does resolve as follows: WHEREAS, the City adopted the Urban Waterfront Plan (UWP) in December 1990, after six months of extensive community debate and numerous public meetings; and WHEREAS, the UWP recommended goals, policies and regulations intended to guide future private development and civic revitalization projects along the urban waterfront in the city; and WHEREAS, the UWP states that "the acquisition of the Thomas Oil site has been determined to be essential to the future character of the Urban Waterfront;' and WHEREAS, the UWP describes several uses, such as a marine-oriented park or marine- oriented educational and maritime center, which would enhance community character and keep the site compatible with neighboring uses; and WHEREAS, the acquisition of the Thomas Oil site is identified in the City's 1995 Capital Improvement Program (CIP); and WHEREAS, the Port of Port Townsend (the "Port") has made an offer to purchase the Thomas Oil Property, located on Water Street, in Port Townsend; and WHEREAS, the Port's Offer is contingent upon the Port and the City entering into an Interlocal Agreement and upon the City agreeing to join in the Property purchase as a partial assignee of the Purchase and Sale Agreement; and WHEREAS, at the April 17, 1995 City Council meeting, members of the public provided testimony overwhelmingly in support of the public acquisition of the Thomas Oil property; and WttEREAS, the City Council desires to initiate negotiation with the Port to participate as a purchaser of the Property and to begin negotiation for an Interlocal Agreement governing acquisition and Property use issues, NOW, THEREFORE, BE IT RESOLVED, by the City Council for the City of Port Townsend as follows: 1. The City shall join the Port in its efforts to acquire the Thomas Oil property for public use, subject to the terms of an Interlocal Agreement between the City and the Port; and 2. The Mayor shall address a letter to the Port Commissioners stating the City's desire to join in the Property purchase and agreeing to a partial assignment of interests in the Port's draft Purchase and Sale Agreement, tendered on April 14, 1995, subject to the terms of an Interlocal Agreement; and 3. The Council authorizes the Mayor to offer to join in the Purchase with the Port and to offer one-half of the Purchase Price ($1.3 million), stated in the draft Purchase and Sale Agreement, tendered on April 14, 1995 subject to the terms and conditions stated in that Agreement and subject to evolving terms of a negotiated offer, as approved by the Council; and 4. The City shall commence negotiation with the Port for an Interlocal Agreement defining the rights and obligations of the City and the Port in the Property acquisition as well as long-term Property development and management concerns. ADOPTED by the City Council of the on this I 'J'-'~ day of May, 1995. and signed by the Mayor Clise, Mayor Attest: Attorney / / 04/26/95 CA§RcskPort-TO.doc} 2