R-24-27RESOLUTION NO. R-24-27
A RESOLUTION APPROVING A PROPOSED AGREEMENT OF PURCHASE AND
SALE FOR THE PURCHASE BY THE CITY OF CERTAIN REAL PROPERTY,
TOGETHER WITH IMPROVEMENTS THEREON, LOCATED AT 4085-4087
UNIVERSITY DRIVE (IDENTIFIED AS TAX MAP NOS. 57-4-02-40-085 A, B AND C
AND 57-4-02-40-087 A, B, C AND D) AND AUTHORIZING AND DIRECTING THE
EXECUTION OF THE AGREEMENT OF PURCHASE AND SALE AND THE
CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED THEREBY
WHEREAS, the City Council has determined that it is necessary and appropriate, and
in the best interests of the City, to acquire the above -referenced real property (the "Property")
in connection with the planned replacement of Fire Station #3, located adjacent to the Property.
NOW THEREFORE BE IT RESOLVED that the City Council hereby, on behalf of the
City, approves the Agreement of Purchase and Sale for the purchase of the Property as presented
at the meeting in which this Resolution was considered and approved.
IT IS FURTHER RESOLVED that the City Manager and City Attorney are authorized
and directed to cause the Agreement of Purchase and Sale to be finalized, provided that the final
Agreement of Purchase and Sale shall be substantially of the form presented. In addition, the
City Council hereby authorizes and directs the City Manager to execute the same, with the
concurrence of the City Attorney. Further, the Mayor and/or the City Manager are authorized
and directed to execute any documents reasonably required to consummate the transactions
contemplated by the Agreement of Purchase and Sale, including the execution of any closing
documentation, in each case subject to the approval of the City Attorney.
ADOPTED: July 23, 2024
Mayor
ATTEST:
Rc�_, A iia
City Clerk
The vote on the motion to approve was recorded as follows:
VOTE:
Councilmember Bates
Aye
Councilmember Doyle Feingold
Aye
Councilmember Greenfield
Aye
Councilmember Lim
Aye
Councilmember Ross
Aye
Councilmember Stehle
Aye