THE CITY OF MONTICELLO, IOWA
IN THE NAME AND BY THE AUTHORITY OF THE CITY OF MONTICELLO, IOWA
RESOLUTION #2022-42
Resolution to provide direction with regard to sale/transfer of City Owned Property located at 449 North Sycamore Street
WHEREAS, The City Council previously agreed to accept RFPs on City owned property located at 449 North Sycamore Street and thereafter received RFPs/proposals related to the property and scheduled a Public Hearing on the proposed sale/transfer of the property for tonight’s meeting, and
WHEREAS, The Mayor opened the Public Hearing, accepted Public Comment, and closed the Public Hearing before Council consideration of this Resolution, and
WHEREAS, The Council found the property located at 449 North Sycamore Street, which had been in disrepair for several years prior to the City acquiring the property, to be a blight on the neighborhood and the Council wanted to ensure the cleanup of the lot would proceed as quickly as possible and to return the property to the tax rolls, and
WHEREAS, The Council finds that the proposal received from Dean Stevens Construction LTD is the best option for this property as it includes construction of a new single-family home, with approximately 1200- 1500 square feet, Ranch style with two (2) car garage that will benefit the neighborhood and the City’s tax base, and
WHEREAS, The offer for 449 North Sycamore Street parcel, from Dean Stevens Construction LTD, includes a purchase price of $14,000, contingent on the terms of the proposal and other good and valuable considerations, and
WHEREAS, The Council finds that the City Administrator and City Attorney should work with Dean Stevens Construction LTD to finalize details and to have a purchase agreement prepared between the City and Dean Stevens Construction LTD, setting out the terms outlined above prior to transfer and closing on the property.
NOW THEREFORE BE IT RESOLVED by the City of Monticello, through its’ City Council, in session this 4th day of April 2022 that the sale/transfer of the City property considered during tonight’s Public Hearing is hereby approved and the City Administrator is directed to work with Dean Stevens Construction LTD and to proceed with the preparation of a purchase agreement consistent with this resolution, and authorized to sign any documents to execute said agreement, and the eventual property transfer and closing.
IN TESTIMONY WHEREOF, I have hereunto subscribed my name and caused the Great Seal for the City of Monticello, Iowa to be affixed. Done this 4th day of April, 2022.
David Goedken, Mayor
Attest:
Sally Hinrichsen, City Clerk/Treasurer