HomeMy WebLinkAboutR-0849 - Authorizing the purchase of certain real estate for the construction of a City Libraryr-
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CIT Y 0 F MAR Y S V ILL E
Marysville,Washington
RESOLUTION NO.alr2
A Resolution of the City of Marysville authorizing the pur-
chase of certain real estate for the construction of a City
Library.
,"WHEREAS,the City has retained the services of MELVIN C.SCHANK of
D. A.DURYEE &COMPANY and LEE F.DUCE of DUCE REALTY,INC.to appraise the
following'described property as a potential site for the construction of a
p tl 1J,.1brary :
The East 1/2 of the East 1/2 of the Northwest 1/4 of the South-
east 1/4 of .the Northeast 1/4 of Section 28,Township 30,
Range/5 EWM,EXCEPt-the South 238.16 feet thereof and EXCEPT the
'North 20,feet for ~oad;all situate in the County of Snohomish,
State of Washington;and
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",WHEREAS;ME~VIN C.SCHANK appraised said property at $32,000.00 and
LEE F.!'pUCE appraised 'said property at $30,000.00;and
c _\WHEREAS,the standard commission for a real estate agent closing
a sale ,of unimproved pr~perty is 10%of the purchase price;and
WHEREAS,it would be in the best public interest for the City of
Marysville to purchase the above-described property for the lowest appraised
value,plus payment of all closing costs;Now,Therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ~~YSVILLE,
WASHINGTON as follows:
The appraisal of LEE F.DUCE of the above-described property,showing
its market value to be $30,000.00,is hereby accepted,and the expenditure of
said amount from the Community Development Block Grant Funds received by the
City is hereby authorized.Further,the expenditure of additional funds from
said Community Development Block Grant is hereby authorized to the extent
necessary to pay closing costs involved in the purchase of the above-described
real estate,including a real estate commission in the amount of $3,000.00.
PASSED by the City Council and APPROVED by the Mayor this \aT"day
ofD-c.e~eC'1976.
THE CITY OF MARYSVILLE
ATTEST:
APPROVED AS TO FORM:
~uftt-WRe cA9,..L~ttorney U
By ed,~d??,£.
MAYOR