HomeMy WebLinkAbout2018-09-12-Resolutions 18-368_William Fox Farm Co - Property Purchase Offer - TerminationTHE CITY OF WAUKEE,IOWA
RESOLUTION 18-368
APPROVING THE TERMINATION OFFER TO BUY REAL ESTATE AND
ACCEPTANCE BETWEEN WILLIAM FOX FARM COMPANY,INC.,AND THE CITY
OF WAUKEK
IN THE NAMEAND BY THEAUTHORITYOF THE CITY OF WAUKEE,IOWA
WHEREAS,the City of Waukee,Dallas County,State of Iowa,is a duly organized Municipal
Organization;AND,
WHEREAS,on May 21,2018,the Waukee City Council approved an Offer to Buy Real Estate
and Acceptance (Nonresidential)between William Fox Farm Company,Inc.("Seller"),and the
City of Waukee (Resolution ¹18-209)and the Amendment thereto extending the due diligence
period (Resolution ¹18-341);AND,
WHEREAS,due to certain issues that have been discovered during due diligence the property is
deemed unsuitable for use as a public safety facility as contemplated by the City and it is deemed
appropriate to terminate the purchase agreement as provided therein;AND,
NOW,THEREFORE,BE IT RESOLVED by the City Council of the City of Waukee that
the Agreement dated May 21,2018,between William Fox Farm Company,Inc.("Seller"),and
the City of Waukee (Resolution ¹18-209)and the Amendment thereto extending the due
diligence period (Resolution ¹18-341)should be terminated and written notice of termination
shall be delivered to Seller in accordance with the provisions thereof.
PASSED,APPROVED,AND ADOPTED this 12'"day of September,2018.
Attest:
Anna Ber an,Presiding Officer
Rebecca D.Schuett,City Clerk
RESULTS OF VOTE:
Anna Bergman
R.Charles Bottenberg
Courtney Clarke
Shelly Hughes
Larry R.Lyon
AYK
X
X
X
NAY ABSENT ABSTAIN