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2006-314 RESOLUTION NO. 2006-314 RESOLUTION AUTHORIZING THE PURCHASE ACQUISITION OF REAL PROPERTY LOCATED AT 210 SOUTH WATER STREET FOR PUBLIC PURPOSES WHEREAS, Wis. Stats. §§ 62.22 (1), 62.23 (17) (a), 62.23 (17) (b), 66.0101, 66.11(5) and Chapter 32 and other pertinent Wisconsin Statutes permit the City's acquisition, development, ownership, protection, and conservation of parkland, open space, riverfront properties, and development properties; and WHEREAS, the Common Council have adopted a Riverfront Development Strategy that calls for the acquisition, protection, development, and conservation of lands along the Rock River for parks, recreation and public purposes, including the riverfront property located at 210 South Water Street in the City of Janesville, County of Rock, State of Wisconsin (the "Property"); and WHEREAS, the Common Council hereby find that such uses and acquisition constitute public purpose(s) that benefit the community and promote the health, welfare, safety and best interests of the City, its residents, businesses and visitors; and WHEREAS, the City of Janesville Administration has negotiated with the owner an offer to purchase dated the day of June 9, 2006 the Property for in the amount of$155,000; and WHEREAS, total funding for this acquisition is provided by a grant from the Janesville Foundation in accordance with the Foundation's with the 1999 Riverfront Reclamation commitment; and WHEREAS, the Janesville Plan Commission has reviewed this proposed acquisition on June 19, 2006 and found it to be consistent with long range City plans, but not commenting upon the financial aspects of the transaction: NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Janesville that they hereby approve and authorize the City Manager and/or his designee(s) to acquire and close upon the City's purchase ofthe Property from the owners on behalf of the City; and BE IT FURTHER RESOLVED, that the City Manager and/or his designee(s) on behalf of the City of Janesville is/are hereby authorized and empowered to negotiate, draft, modify, review, execute, and enter into additional agreements, record, file and/or make minor modifications and/or amendments to any and all documents, papers, fonns, and agreements, and to take whatever other actions as the City Manager may determine, from time to time and at any time, necessary and/or desirable to effectuate the intent of this resolution and/or the public good. ADOPTED: June 26. 2006 Motion by: Williams Second by: DeGarmo Councilmember Aye Nay Pass Absent Brien X Wellnitz, Tom X Williams X Brunner X Wellnitz, Tim X DeGarmo X Addie X APPROVED: _d~ ~ ~ Steven E. Sheiffer, City Manager ATTEST: APPROVED AS TO F?R) ¡j/~ ~97 City Attorney Proposed by: Community Development Prepared by: Community Development ResolutionslResolution BUY Land Parkland Non-Highway 210 South Water Street