TO: Mayor and City Council
THROUGH: Steve Powers, City Manager
FROM: Kristin Retherford, Director Urban Development Dept.
SUBJECT:
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Authorizing a purchase and sale agreement to acquire real property located at 4493 Hayesville Drive NE
Ward(s): 5
Councilor(s): Ausec
Neighborhood(s): Northgate
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ISSUE:
Shall the City Council authorize the City Manager to execute the attached purchase and sale agreement to acquire real property located at 4493 Hayesville Drive NE?
RECOMMENDATION:
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Authorize the City Manager to execute the attached purchase and sale agreement to acquire real property located at 4493 Hayesville Drive NE.
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SUMMARY AND BACKGROUND:
The Public Works Department currently maintains an in-ground sewer pump located in the street right-of-way in front of the property located at 4493 Hayesville Drive NE (Property)(Attachment 1). The pump is at the end of its useful life and needs to be replaced with new infrastructure to serve the needs of the neighborhood. The Public Works Department desires to construct a new above ground pump station on the Property with sufficient capacity and access located outside the right-of-way.
FACTS AND FINDINGS:
Staff has come to terms of an agreement (Agreement)(Attachment 2) with the owner, Jeffery L. Barnett (Seller), for acquisition of the Property. The Property contains a 1,486 square foot home on a 0.21 acre lot. The home will be razed in order to complete construction of the pump station. Key terms of the Agreement are below.
Sales Price: $229,900
Earnest Money: $5,000
Closing: within 60 days
The Property acquisition will be funded using wastewater funds.
Clint Dameron
Real Property Services Manager
Attachments:
1. Site Map
2. Proposed Agreement