HomeMy WebLinkAboutResolution 044-2008 Resolution No. 44-08
Resolution Authorizing the Execution of Real Estate Purchase Agreement
BE IT RESOLVED by the City Council of the City of Brookings, South Dakota as follows:
WHEREAS, for the purpose of preparing for potential airport needs and further
development of the City of Brookings, South Dakota, the City of Brookings desires to purchase the
following described property:
92.3 acres located in the South One-half(1) of Section Twenty-one (21),
Township One Hundred Ten (110) North, Range Fifty-one (51) West of the
5th P.M., County of Brookings, State of South Dakota, and
WHEREAS, the property has been offered at public auction and the City of
Brookings has submitted a successful bid and has received a proposed Purchase
Agreement, the terms of which are satisfactory to the City of Brookings;
NOW THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of
Brookings, South Dakota, as follows:
A. That the City acquire title to the above-described property pursuant to a
Purchase Agreement with Richard Nichols and Shirley Nichols for the
purposes of meeting potential airport needs and development of the City
of Brookings, South Dakota; and
B. That the Mayor, City Clerk and City Manager are authorized to execute
the Purchase Agreement and other required documents in accordance
with this Resolution.
Passed and approved on the 27th day of May, 2008.
CITY OF BROOKINGS:
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`4 Scott D. Munsterman,Mayor
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Shari Thornes, City Clerk