Loading...
HomeMy WebLinkAbout2016-08-01-I05 Clayton Property Sale AGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: August 1, 2016 AGENDA ITEM: Consideration of approval of a resolution approving sale or real property known as Remaining Clayton Property. FORMAT: Resolution SYNOPSIS INCLUDING PRO & CON: Staff would recommend approval of the sale of the remaining Clayton Property to Jerry’s Homes in the amount of $1,600,000.00 which equate to approximately $43,200 per acre. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the Resolution. ATTACHMENTS: I. Proposed Resolution PREPARED BY: Brad Deets REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: THE CITY OF WAUKEE, IOWA RESOLUTION 16-________ APPROVING A PROPOSAL TO DISPOSE OF THE CITY’S INTEREST IN REAL PROPERTY IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City owns property legally described as: Parcels 17-67 and 17-68 of the Plat of Survey recorded in Book 2016 Page 9295, Dallas County, Iowa, subject to zoning, easements, restrictions, and covenants of record. WHEREAS, the City solicited bids for the possible sale of the property and received several offers to buy the above described property on or about July, 27th, 2016. The highest offer received was from Jerry’s Homes, Inc in the amount of $1,600,000.00 pursuant to an offer to purchase attached hereto and incorporated herein by this reference; AND WHEREAS, a notice of public hearing was published as required by Iowa Code Chapter 364.7 and a public hearing was held concerning the offer on August 1, 2016 as set forth in the published notice; AND WHEREAS, the property being disposed of is not being utilized by the City and the offer is highest offer received and is consistent with the fair market value of the property. BE IT THEREFORE RESOLVED by the City Council of the City of Waukee, after a public hearing held on August 1, 2016 to consider the disposal of the property described above, the offer to purchase submitted by Jerry’s Homes, Inc with a purchase price of $1,600,000.00, attached hereto and incorporated herein by this reference, is hereby approved. The Mayor is authorized to execute any and all documents to effectuate the transaction and convey the property on behalf of the City. Passed by the City Council of the City of Waukee, Iowa, and approved this the ______ day of _______________________, 2016. ____________________________ William F. Peard, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk ROLL CALL VOTE AYE NAY ABSENT ABSTAIN Anna Bergman Brian Harrison Shelly Hughes Larry R Lyon Rick Peterson