HomeMy WebLinkAbout~Master - Purchase Agreement regarding West Lincoln Way Improvements (Franklin Avenue) with First National Bank RESOLUTION NO. 17-337
RESOLUTION APPROVING PURCHASE AGREEMENT
WITH FIRST NATIONAL BANK
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, First National Bank; and,
WHEREAS, this property owner at 3334 Lincoln Way has accepted the City's offer of
$28,107.20.
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 First National Bank for property at
3334 Lincoln Way in the amount of$28,107.20 is hereby approved.
ADOPTED THIS 23' day of May, 2017.
CNA • ,*R�
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.