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HomeMy WebLinkAbout91-069RESOLUTION NO. 91-69 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND AUTHORIZING THE MAYOR AND CITY TREASURER OF THE CITY TO ENTER INTO AND CARRY OUT A LETTER OF AGREEMENT FOR PURCHASE OF CER- TAIN REAL PROPERTY WITHIN THE CITY WHEREAS, the real property more particularly described below is available for purchase from the owner thereof, on terms and conditions acceptable to the City of Port Townsend; and WHEREAS, the City Council for the City of Port Townsend de- termines that it is zn the public interest for the city to pur- chase said property for public purposes as may hereafter be deter- mined by the City, subject to the conditions precedent set forth in the attached Letter of Agreement and the attachment thereto; now, therefore, BE IT RESOLVED by the City Council for the City of Port Town- send that the Mayor and City Treasurer of the City be and they are here and hereby authorized to execute on behalf of the City of Port Townsend the attached Letter of Agreement for the purchase by the City of the following described real property: Lots 1 and 2, Block 8, original Townsite of Port Townsend. BE IT FURTHER RESOLVED that the Mayor and City Clerk are here and hereby authorized to execute any and all other documents to close the transaction pursuant to the terms of the Letter of Agree- ment, and, in consultation with the City Attorney, are here and hereby authorized to determine the satisfaction of or to waive the conditions precedent set forth in said Letter of Agreement, as may be in the best interests of the City; and BE IT FURTHER RESOLVED that the City Treasurer of the City be and he is here and hereby authorized to issue the City's warrant or warrants as necessary for the purchase price and costs neces- sary to be paid or incurred on behalf of the City for the purchase of said property and the satisfaction of any conditions therein, as set forth in said Letter of Agreement. Passed by the City Council for the City of Port Townsend and approved and signed by the Mayor of the City this 27th day of August, 1991. RESOLUTION 1 Attest~ David A. Grove, City Clerk RESOLUTION - 2 -