04-27-88 Council Minutes - Laserfiche WebLink

Home Browse Search

MINUTES City Council April 27, 1988 Centerville The City Attor•ney submitted for• appr~oval a r•evised option agr~eement Road for• the Quality alacktop proper•t,y in the Centerville Road ar•ea which Proper•ty reflects a revised purchase price similar to the amount offered on the Dave Fr~attalone pr~oper•ty. Agenda Item No. 18 Mr~s. Scalze intr~oduced the following r~esolution and moved its adoption: RFSOLUTION N0. 88-4-167 - AUTNORIZIPlG TNE MAYOR AND CITY CLERK TO SIGN AN OPTI0~1 AGREEMENT FOR THE PURCHASE OF TNE QUALITY BLACKTOP PROPERTY The for•egoing r•eoslution was duly seconded by Mr~. Blesener•. Ayes (5) Scalze, Blesener~, Collova, LaValle, Fahey. Nays (0). Resolution declar~ed adopted. This r~esolution appear~s in Resolution Book Plo. 19, Page 171. The Cit,y Attor~ney r~epor•ted that an option agr•eement has been submitted for• the pur~chase of up to 12 acres of the AIC Cor•por•ation pr~oper~ty. However•, the City Attor•ney indicated that he has not been in contact with the attor~ney for~ AIC Cor~por~ation to discuss the option agr~eement. Blesener• stated that he did not think the City needed the full 12 acr~es. Fahey commented that he felt the City could financial1y suppor~t the pur•chase of the 12 acr~es. Scalze indicated that the Park Commission has r~ecommended pur•chase of up to 33 acr~es in the Center•ville Road ar~ea. However•, par~k development plans have not been pr•epar•ed. Scalze commented that the ar•ea would not need to be fully developed and open ar~ea would be provided within the park. Scalze pointed out that AIC Cor•por•ation is purchasing pr•oper~ty fr•om Dave Fr•attalone, and thought that the sale to the City and pur•chase fr~om P1r~. Fr~attalone needed to work simultaneously. Fahey agr•eed that the City needs to make a decision on how much pr•operty it will buy. Fahey asked the length of the option agr•eements. The City Attor~ney r~epor~ted that the City is in the purchase phase with Dave Fr•attalone and the Fasciana family. The option for• the Quality Asphal t pr•oper•ty i s bei ng exer•ci sed wi th the r•etur~n of the opti on agr•eement. The City Attor•ney r•epor•ted that the option agr•eement submitted to AIC Cor•por~ation is a 90-day option. The A.ttor•ney also pointed out that AIC's plans for• pur~chase of pr•oper•ty fr•om Dave Fr•attalone have nothing to do with the City's purchase. Blesener~ felt a decision on how much pr•operty to buy needed to be made. Page -23-