HomeMy WebLinkAbout~Master - Approving Purchase of Real Estate Contract for the Purchase of Parcel "D" South of Oakwood Road RESOLUTION NO. 99-190
RESOLUTION APPROVING REAL ESTATE CONTRACT FOR THE
PURCHASE OF PARCEL "D" SOUTH OF OAKWOOD ROAD
FROM FLOYD AND ANNA CHRISTOFFERSON AND BEVERLY FERGUSON
AND AUTHORIZING MAYOR TO SIGN SAME
FOR THE CITY OF AMES,IOWA
WHEREAS,at its April 13, 1999,meeting,the City Council adopted a resolution authorizing
staff to negotiate a purchase agreement for acquisition of approximately seven acres of land south
of Oakwood Road for a neighborhood park; and,
WHEREAS, Floyd and Anna Christofferson and Beverly Ferguson own the parcel; and,
WHEREAS, a Plat of Survey was completed and the sellers have signed the Real Estate
Contract selling the parcel to the City for $80,190 (7.29 acres @ $11,000/acre); and,
WHEREAS,the Fiscal Year 1998/99 Capital Improvements Plan includes$100,000 in Local
Option Sales Tax funding for park land acquisition and development; and,
WHEREAS, it is anticipated that this park will be developed during the 1999 and 2000
construction seasons.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Real Estate Contract for the purchase of Parcel"D"south of Oakwood Road from Floyd and
Anna Christofferson and Beverly Ferguson for $80,190 for use as a City park is hereby approved.
ADOPTED THIS 25th day of May, 1999.
Diane R. Voss, City Clerk Ted Tedesco, Mayor
Introduced by: Hoffman
Seconded by: Parks
Voting aye: Campbell, Cross, Hoffman, Parks, Quirmbach, Wirth
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 25th day of May, 1999.