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HomeMy WebLinkAbout2359 Amending the 1993 Capital Improvements Program to Include Purchase of Real Property at Southwesterly Corner of Water and Adams StreetsORDINANCE NO. AN ORDINANCE AMENDING THE 1993 CAPITAL IMPROVEMENTS PROGRAM TO INCLUDE PURCHASE OF REAL PROPERTY AT THE SOUTHWESTERLY CORNER OF WATER AND ADAMS STREETS WHEREAS, the City Council adopted a Capital Improvements Program as part of the 1993 budget; and WHEREAS, the purchase of real property at the southwesterly corner of Water and Adams Streets was not previously listed as part of the Capital Improvements Program as funding had not been identified for the project; and the Port Townsend Foundation has committed to raise funds for a portion of the purchase price through donations and fundraising in a minimum amount of twenty thousand dollars; and WHEREAS, the Port Townsend Foundation now has on hand approximately fifteen thousand dollars of the amount they have pledged to donate to the City; and WHEREAS, the owner of the property, Maritime Service Company, has arranged a cleanup of the site by Chevron Oil Company which is now being completed, and now wishes to complete a sale of the property and will sell to others if the City does not finalize a purchase; Now, therefore: THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, IN REGULAR SESSION ASSEMBLED, DO ORDAIN AS FOLLOWS: The Capital Improvement Program contained in the 1993 budget for the City of Port Townsend is hereby amended to provide partial emergency funding in the amount of t4~s~rv-r/to~s',6~/t~ Dollars ($~0,o0) for purchase of real property at the southwesterly comer of Water and Adams Streets. This ordinance shall become effective five days after its passage and publication as provided by law. Read for the first, second and third times Port Townsend, Washington, at a re of ~4 ~¥ , 1993. by the City Council of the City of held this 3~et~ day M. Clise, Mayor Attest~ ~ David A. Grove, Clerk/Treasurer as to form: Dennis McLerran, City Attorney