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HomeMy WebLinkAboutCity Council Resolution 1999-411CITY OF PLYMOUTH RESOLUTION NO. 99-411 APPROVING THE ACQUISITION OF PROPERTY AT 14105 COUNTY ROAD 47 FOR PARK PURPOSES WHEREAS, the City's comprehensive park plan has indicated the City's desire to acquire the property at 14105 County Road 47; and WHEREAS, the owner of the property has requested that the City purchase his property at this time; and WHEREAS, the City has had the property appraised for $117,000; and WHEREAS, the owner has agreed to sell the property for the appraised value of $117,000. NOW, THEREFORE, BE IT HEREBY RESOLVED, by the Plymouth City Council that the City Attorney is authorized to prepare a contract for deed for the purchase of the property at 14105 County Road 47 for the price of $177,000, with half the cost to be paid at the time of signing of the contract, and the remaining half to be paid at the time the property is turned over to the City, which will be no later than September 15, 2001, and the property taxes shall be prorated at the time of final closing, and authorize the Mayor and City Manager to execute it. Adopted by the Plymouth City Council on September 21, 1999.