05-11-88 Council Minutes - Laserfiche WebLink

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MINUTES City Council May 11, 1988 Centerville Road Ar~ea (Cont.) Fahey stated that he was opposed to such a condition because it is a per•manent situation. Scalze pointed out that the City would be in tr~ouble with its citizens if the proper~ty was not developed for• par•k pur•poses since ther•e ar•e local gr~oups donating money for~ this par•k. Butler• agr•eed that the reversion stipulation should be r•emoved. Mr•s. Scalze intr•oduced the following r~esolution and moved its adoption: RESOLUTION N0. 88-5-180 - AUTHORIZING THE CITY ATTORNEY TO PREPARE A PURCHASE AGREEMENT FOR 8 ACRES OF PROPERTY OWNED BY G. N. BUTLER COMPANY AT A PURCHASE PRICE OF $24,200 PER ACRE WITH A CASH PAYMENT TO BE MADE IN 1988, INCLUDING TERMS CONSISTENT WITH OTHER OFFERS FOR PROPERTY MADE BY THE CITY IN THIS AREA, AND FURTHER INSTRUCTING THE CITY ATTORNEY TO PREPARE A 12-MONTH OPTION OR PURCNASE A6REEMENT FOR AN ADDITIONAL 4 ACRES OF PROPERTY FROM G. N. BUTLER CORPORATION, THE OPTION OR PURCNASE AGREEMENT TO BE DETERMINED BY THE CITY ATTORNEY, AT A PURCHASE PRICE OF $24,200 PER ACRF WITH PURCHASE TO BE FINALIZED DURING 1989 OR SOONER The for•egoing r•esolution was duly seconded by Mr~. Blesener•. Ayes (5) Scalze, Blesener•, Fahey, Collova, LaValle. Nays (0). Resolution declar•ed adopted. This resolution appear~s in Resolution Book No. 19, Page 183. Dlesener~ indicated that the Par•k Commission and Recreation Association should wor~k on the pr~oposed development plans for the par•k and suggested that consideration be given to the r~esults of the City's r•esidential sur•vey. Scalze agreed and suggested that some joint sessions be conducted between the two gr•oups. Butler~ suggested that a pur•chase agreement might be better• for• the 4 acr~es r•ather• than an option agr•eement. Council advised the City Attor•ney to consider• a pur•chase agr•eement ver•sus option agr•eement and pr•epar•e whichever• is pr•efer•able for• the 4 acr•es. Page -7-