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Mt~,~ures <br />c;ty counc;l <br />Ji.ine 25, 19f36 <br />Mosted The City Attorn~y repor'ted tnat 'rie has finished drawing up the <br />Purchase purchase agreeman t for the Mosted. property and this agr eement <br />Agreement will be submitted to her a ttorney in thc mornin g. The pro~osed <br /> purchase price is based on the City's appraisal of the property, <br />Flg~nda ~ahicli is ~15,000 ner acre for the high land and $fi,000 per acre <br />Item t1o. 17 for the 1 oV+ 1 and. <br />The ~ngineer has computed the acreage that ~,~aould be needed by <br />the City. The City is proposinq to purchase ?. 1/4 acres of high <br />land anci 2.43 acres of lodv l~nd. Therefor^, the proposed purchase <br />price is $53,190. <br />7he closinc; date on tne property is proposed at August 1, 19f36. <br />T~ie Flttorney requesY.ed that the i~ayor and City C1er!: be authorized <br />to sign the purchase agreement and that the C1erk be authorired to <br />issue an earnest money ctiec'~c to accompany the agreem~nt. <br />^!ir. Collova introduced the follov~~ng resolution anci rnoved its adoption: <br />RCSOLUTION N0. f?6-F>-273 - l1UT~IORI7_I~lG TH[ <br />CI7Y CLE(2K t1ND MAYOR TO SIGPI TN~ PURCHF1Sf <br />11GP.EEM£P17 FOR TriE f•~OST~D PROPFRTY At~ID ~UTN012I1I~~1G <br />7HE CTTY CLERK TO ISSUE ADl EARDd~ST P40PdFY CHF'CI< <br />The foreqoing resol~.~tion 3aas cluly secondec) by ?4rs. Scalze. <br />~lyes (4) Collova, Scalze, Pdarc(ini, Fahey. <br />~lays (O). <br />Re,olution declared adopted. <br />This resolution appcars in Resolution Soo'< Pdo. 15, Pag~ ?75. <br />~'Ir. ~ah~y pointed out that the property alonc !~!oel Driva would be <br />retained b,y P~irs. '4osted. <br />Imp. t36-12 7he Engineer reported that 2he petition subinitted for the improver~ient <br />Sylvan Street of Sylvan Straet from County Road f, to Demont ~~ias zd2quate. <br />Agenda f4r. Fahey introcluceci the fo1lo~,ving r~solution ancl movec! its adoption: <br />Item i~lo. 14 <br />RGSOlU7I0(~1 PdO. 85-6-27~1, - CAI_LItdG FQf? li <br />PUBI.IC Hf~k~RIP~iG F9R JULY 23, 19f36 0~ <br />IMPROVGP4~NT PdO. 3G-1?_, THF If~IPR~V~~~1FNT <br />OF SYLV,~N STRFET FROP^ COUPITY ROFlD C TO <br />UEt40S4T <br />The foregoing resolution ~,~~as duly seconded by Pis. fJarcfini. <br />l~yes (~) Fahey, ilardini, Co1lova, Scalze. <br />P!ays (Ol. <br />Resolution cleclared adopted. <br />This resolution a~pears in Resolution l300;< P!o. 15, Page ?76. <br />Page -20- <br />