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2007-450 Resolution No. 2007 - 450 A Resolution Approving an Offer to Purchase and Authorizing the City Manager to Purchase the Property at 803 S. Jackson St. WHEREAS, Wis. Stats. 99 62.22 (1), 62.23 (17) (a), 62.23 (17) (b), 66.0101, 62.11 (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 future reconstruction of S. Jackson St. may require additional right-of-way including a portion of the property located at 803 S. Jackson St., and WHEREAS, the Common Council have adopted a Riverfront Strategy which calls for the purchase of the real property along the Rock River including the parcel at 803 S. Jackson St., City of Janesville, County of Rock, State of Wisconsin (the "Property") as a green space; and WHEREAS, the Common Council hereby finds 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 803 S. Jackson St. dated the day of October 2, 2007 in the amount $47,900; and WHEREAS, the funding for this acquisition will be provided by Community Development Block Grant blight elimination monies; and WHEREAS, the Janesville Plan Commission has reviewed this proposed acquisition on October 15, 2007 and found it to be consistent with long range City plans, but not commenting upon the financial aspects of the transaction: '.~.(IIEREA.S, tRo Jonssvillo CommblFlity D9V919J3mg~t "^ut/':tgrity hili r~"';9UJed th;~ ~ proposes 6SEJuisitiOA 01'1 ~lo\'oFAeor 21, 2007 GAd reSOFAFAeAeleEl tl:te l3l,lrch"u:e gf t\ 803 S. Jael(S8A St. tG th9 City Cnlln~i1: 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 of the Property from the owners on behalf of the City; and --------- -- Resolution 2007 - 450 Page 2 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, forms, 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: November 26, 2007 Motion by: DeGarmo Second by: Steeber APPROVED: Council member Aye Nay Pass Absent ~C~J___ Brunner X DeGarmo X Sleven E. Sheiffer, City Manager Loasching X Steeber X ATTEST: Truman X Wellnitz X Williams X APPROVED AS TO FORM: (j)~ kVI City Attorney Proposed by: City Manager Prepared by: Economic Development Director