Loading...
2018-1556 Resolution No. 2018-1556 A resolution authorizing the City of Janesville to proceed with the sale of the property located at 14 South Grant Street to David & Goliath, Inc. WHEREAS, Wis. Stats 62.22(1), 62.23(17)(a), 62.23(17)(b), 66.0101 , and 62.11(5) and other pertinent Wisconsin Statutes permit the City's acquisition, development, ownership, protection, and subsequent sale and/or other conveyance of surplus real property; and WHEREAS, the City of Janesville owns the following described parcel, better known as 14 South Grant Street, Janesville Wisconsin: Palmer's Addition, Lots 3 & 4, Block 3; and, WHEREAS, the City of Janesville acquired the property located at 14 South Grant for the purposes of blight elimination through the use of funds from the Neighborhood and Downtown Blight Elimination Program; and, WHEREAS, the City of Janesville has actively marketed the property for sale and an offer to purchase has been submitted by David & Goliath, Inc. to purchase the property from the City; and, WHEREAS, the City of Janesville and David & Goliath, Inc. have agreed to a sale price in the amount of $10,000; and, WHEREAS, the Common Council hereby find that the sale of this surplus property is consistent with City plans and in the best interest of and benefit to the City, its taxpayers, and community; and, NOW THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF JANESVILLE that they hereby authorize and direct the City Manager and the City Clerk-Treasurer to execute, on behalf of the City of Janesville, the sale of such property; and to negotiate and execute such documents, papers, and forms as may from time to time be necessary and/or desirable to effectuate such transaction and the intent of this resolution, as the City Manager may decide; and, BE IT FURTHER RESOLVED that the City Manager is hereby authorized to take whatever other actions and to make whatever other changes that may be necessary to effectuate this land transaction and intent of the Common Council. Resolution No. 2018 — 1556 Page 2 ADOPTED: June 25, 2018 Motion by: Gruber Second by: Wolfe APPROV D: Councilmember Aye Nay Pass Absent Conle AI . Farrell y X Mark A. F -.tag, City Manager Gruber X / Jorgensen X ATT . / Marklein X Williams X Wolfe X r-'id T. Godek, ity Cl-' -Treasurer APPROVED AS TO FORM: Wald Klimczyk, City Attorney Proposed by: Economic Development Office Prepared by: Economic Development Office