Title
AUTHORIZATION FOR THE MAYOR TO SIGN A CONTRACT FOR THE PURCHASE OF REAL PROPERTY FROM GSD PROPERTIES, GENERAL PARTNERSHIP - (12740 and 12820 Daniel Drive)
Body
NOTE: This real estate contract is for the proposed purchase of the east thirty (30) feet of the real property located at 12740 and 12820 Daniel Drive. The City has a capital improvement project planned for Daniel Drive, and this property is needed for future right-of-way. At the request of the City's Public Works Department, City staff has negotiated a purchase price of One Hundred and Two Thousand Dollars ($102,000.00) plus closing costs. The purchase would be charged to account # 301175-562504.
Recommendation
ACTION: (Approve - Deny) Authorization for the Mayor to sign a Contract for Purchase of Real Property located at 12740 and 12820 Daniel Drive from GSD Properties, General Partnership, in the amount of One Hundred and Two Thousand Dollars ($102,000.00) plus closing costs, to be charged to the appropriate account, subject to the closing documents being acceptable to the City Attorney.