Resolution - 1989 - 03-89 - Real Estate Purchase Agreement - 07/25/1989
RESOLUTION NO. 3-89
A RESOLUTION APPROVING EXECUTION OF A REAL ESTATE PURCHASE AND
SALE AGREEMENT BETWEEN THE CITY OF EAGLE AND BLOCK BROS.
INDUSTRIES (USA), INC., FOR THE PURCHASE OF CERTAIN REAL PROPERTY
TO BE MAINTAINED AS A CITY PARK; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, Block Bros. Industries (USA), Inc., owns Lot 23,
Block 4, and Lot 23, Block 6, of Eagle Ranch Subdivision No. 4-B,
and Lot 7, Block 4; Lot 17, Block 1; and Lot 3, Block 2, of Eagle
Ranch Subdivision No.4-A, and desires to sell said property for
the sum of $1.00 to the City of Eagle; and
WHEREAS, the City of Eagle desires to purchase said property
for the specified sum and maintain such property as part of its
park system.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF EAGLE, IDAHO:
section 1: That the Real Estate Purchase and Sale Agreement
between the City of Eagle and Block Bros. Industries (USA), Inc.,
a copy of which is annexed hereto and by reference incorporated
herein, is hereby approved.
section 2: That the Mayor and City Clerk are hereby
authorized to execute and attest said Agreement on behalf of the
City.
section 3: That this Resolution shall take effect and be in
force from and after its passage and approval.
DATED this 25th day of July, 1989.
CITY OF EAGLE
BY~~
Mayor ---
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