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HomeMy WebLinkAbout92-026RESOLUT O MO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND AUTHORIZING THE MAYOR TO EXECUTE A REAL ESTATE PURCHASE AND SALE AGREEMENT WITH ALBERT L. LEVINSKI ~D BARBARA LEVINSKI FOR THE PURCHASE OF LOTS 1-9 OF MARY JO ESTATES AND AUTHORIZING THE CITY CLERK/TREASURER TO ISSUE A WARRANT FROM THE WASTE WATER AND STORM DRAINAGE FUNDS IN THE AMOUNT OF TEN THOUSAND DOLLARS AS AN EARNEST MONEY DEPOSIT. WHEREAS, the City Council for the City of Port Townsend has previously budgeted funds in the waste water and storm drainage ~funds for the purpose of acquiring certain real property needed for future City facilities, and WHEREAS, the Director of Public Works has suitable property for the facilities and has acceptable purchase price for the property, and identified a negotiated an WHEREAS, it is necessary to enter into an Agreement to accomplish the purchase of the property, now, therefore, BE IT RESOLVED by the City Council for the City of Port Townsend that the Mayor is authorized to execute a Purchase and Sale Agreement to purchase Lots 1 through 9 of Mary Jo Estates for the purchase price of Two Hundred Ninety Thousand Dollars ($290,000.00) less the assessment of approximately Thirty One Thousand Dollars due on the Seaview Sewer LID for the property using funds from the Waste Water and Storm Drainage Funds and the City Clerk is also authorized to issue a warrant in the amount of Ten Thousand Dollars from the same funds as an earnest money deposit. PASSED by the City Council for the/~~f Port Townsend and signed bY the Mayor this 3'~day °f ~12' 0 or, Jo~--n Clise Attest: City Clerk, David Grove Approved as to form: