HomeMy WebLinkAboutResolution 024-2006 RESOLUTION NO. 24-06
RESOLUTION AUTHORIZING THE EXECUTION
OF PURCHASE AGREEMENT
BE IT RESOLVED by the City Council of the City of Brookings, South Dakota as
follows:
WHEREAS, for the express purpose of furthering economic growth and development of
the City of Brookings, South Dakota,the City of Brookings desires to purchase the following
described real property:
A parcel located in the Southwest Quarter of the Southeast Quarter
(SW'/4SE'/4)of Section Nineteen(19), Township One Hundred Ten(110)
North, Range Forty-nine(49)West of the Sth P.M., City of Brookings, County
of Brookings, State of South Dakota, containing 26.25 acres,more or less (the
��Property„), and
WHEREAS,the above-described real property has been offered to the City by
the South Dakota Department of Transportation pursuant to a 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 the South Dakota Department of
Transportation for the purposes of furthering economic growth 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 14th day of March,2006.
TY OF OOKINGS:
�;c•;N��RAeR°� tt D unsterman,Mayor
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°� �' rnes, City Clerk