HomeMy WebLinkAbout~Master - Purchase Agreement for West Lincoln Way Improvements (Franklin Avenue) with Lincoln Park Co-Op, Inc. RESOLUTION NO. 17-340
RESOLUTION APPROVING PURCHASE AGREEMENT
WITH LINCOLN PARK CO-OP, INC.,
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, Lincoln Park Co-Op, Inc.,; and,
WHEREAS, this property owner at 3502 Lincoln Way has accepted the City's offer of
$4,280.
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 Lincoln Park Co-Op, Inc., for property
at 3502 Lincoln Way in the amount of$4,280 is hereby approved.
ADOPTED THIS 23' day of May, 2017.
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.