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HomeMy WebLinkAboutResolution 032-2010 Resolution No. 32-10 Amended Resolution Authorizing the Purchase of Real Property for the Intergovernmental Administration Building; Authorizing the Expenditure of Funds for the Purchase of the Real Property, and Authorizing the Documents to Effectuate the Terms and Intent of This Resolution Be It Resolved by the City Council of the City of Brookings, South Dakota (the "City"), as follows: Whereas, the City of Brookings is authorized to acquire real property pursuant to South Dakota Codified Law § 9-12-1(2), and Whereas, the City has determined that in order to acquire a desirable site for an Intergovernmental Administration Building, it is necessary and desirable to acquire the real property described in Exhibit"A", which is attached hereto and made a part hereof, and Whereas, the real property described herein is being acquired by the County of Brookings and the City of Brookings for an Intergovernmental Administration Building to be owned by each governmental entity in equal undivided shares, and will be utilized and operated pursuant to the terms of a Joint Powers Agreement between the County of Brookings and the City of Brookings, and Whereas, further negotiations were necessary to achieve an acceptable purchase price with respect to one of the properties described on Exhibit"A" (216-5`h Avenue),which resulted in an increase in the total cost of the purchase of 216 Fifth Avenue in the amount of $50,000,and Whereas,the adjustment of the total cost of the purchase of 216 Fifth Avenue is warranted and reasonable, based upon further analysis of the value of this property by staff and by Joint Intergovernmental Building Committee members, and will result in fair and equitable treatment of the owners of 216 Fifth Avenue,and Whereas, with the foregoing adjustment, the total cost of the real property described in Exhibit "A" shall not exceed One Million Nine Hundred Eighty-nine Thousand Five Hundred and no/1 00 ($1,989,500.00) Dollars, with one-half (1/2) of said cost paid by the County of Brookings at closing, and one-half(1/2) of said cost paid by the City of Brookings at closing, and Whereas, the City of Brookings intends to complete the transactions set forth herein pursuant to terms, agreements and documents consistent with this Resolution, which shall be incorporated in Real Estate Purchase Agreements between the owners of the real property as shown on Exhibit "A" and the County of Brookings and City of Brookings as purchasers, and such other documents as are necessary to effectuate the terms and intent of this Resolution, Now Therefore, I. The real estate transactions set forth herein are hereby authorized, and 2. The Mayor, City Manager and City Clerk are hereby authorized to execute on behalf of the City the documents required to complete the transactions described herein, including Real Estate Purchase Agreements consistent with the terms of this Resolution in a form satisfactory to the City Manager. 3. This Resolution shall amend Resolution No. 22-10. Dated this 9th day of March, 2010. CITY OF BROOKINGS, SD I x..511 F Tim Reed, Mayor %St A i /�/ r1 •• •1 83 s.' / ('1 1,/ L. ornes, City Clerk Exhibit "A" Street Address Legal Description Owner of Property of Property Vine Street 5 12— 3rd Street, Lot Four (4) in Block Three (3) of the First Properties LLC Brookings, SD 57006 Addition to the City of Brookings, County of Brookings, State of South Dakota. Blair R. Collins 524 — 3rd Street, Lots One (I) and Two (2) in Block Three (3) Brookings, SD 57006 of First Addition to the City of Brookings, County of Brookings, State of South Dakota. Gatzke Family 506— 3rd Street and Lot"G" in Block Three (3) of the First Enterprises 222— 5th Avenue, Addition to the City of Brookings, County of Brookings, SD 57006 Brookings, State of South Dakota. Darin R. Dobrenski 513 Front Street, The East Thirty Feet (E 30') of Lot Eight (8) in and Tammy J. Brookings, SD 57006 Block Three (3) and that portion of Lot Eight Dobrenski "A" (8A) abutting and accruing thereto, of First Addition to the City of Brookings, County of Brookings, State of South Dakota. Shane S. Carlson 510— 3' Street, Lot Five (5) in Block Three (3) of First Brookings, SD 57006 Addition to the City of Brookings, County of Brookings, State of South Dakota. John Patrick Leary 216— 5th Avenue, The South Fifty Feet (S 50') of Lots Six (6) and and Eunice J. Leary Brookings, SD 57006 Seven (7) in Block Three (3) of the First Addition to the City of Brookings, County of Brookings, State of South Dakota. Robert J. Bern 511 Front Street, The West Fifty-six Feet Brookings, SD 57006 (W 56') of the East Eighty-six Feet (E 86') of Lot Eight (8) in Block Three (3) of the First Addition to the City of Brookings, County of Brookings, State of South Dakota AND That portion of the vacated portion of Front Street (sometimes known as Lot Eight "A" (8A) of Block Three (3)) abutting and accruing thereto. Bruce L. Lentsch and 518— 3' Street, Lot Three (3) in Block Three (3) of First Maureen J. Lentsch Brookings, SD 57006 Addition to the City of Brookings, County of Brookings, State of South Dakota.