HomeMy WebLinkAbout~Master - Purchase Agreement regarding West Lincoln Way Improvements (Franklin Avenue) with KAH I, LLC RESOLUTION NO. 17-331
RESOLUTION APPROVING PURCHASE AGREEMENT WITH KAH I, LLC,
PERTAINING TO THE 2015/16 WEST LINCOLN WAY IMPROVEMENTS
(FRANKLIN AVENUE)
FOR THE CITY OF AMES
WHEREAS, this project is for constructing left-turn lanes and installing redesigned traffic
signals at the Franklin Avenue/Lincoln Way intersection; and,
WHEREAS, the City needs to enter into a Purchase Agreement with the affected property
owner, KAH I, LLC; and,
WHEREAS, this property owner at 3407 Lincoln Way has accepted the City's offer of
$30,614.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Ames, Iowa,
that the Purchase Agreement between the City of Ames and KAH I, LLC, for property at
3407 Lincoln Way in the amount of$30,614 is hereby approved.
ADOPTED THIS 23' day of May, 2017.
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Diane R. Voss, City Clerk Ann H. Campbell, Mayor
Introduced by: Gartin
Seconded by: Betcher
Voting aye: Beatty-Hansen, Betcher, Corrieri, Gartin,Nelson, Orazem
Voting nay: None Absent: None
Resolution declared adopted and signed by the Mayor this 23`d day of May, 2017.