Res 1031 - Agmt Sell Real Prop
COUNCIL BILL NO. 1267
RESOLUTION NO. 1031
A RESOLUTION ENTERING INTO AN AGREEMENT TO SELL CITY REAL PROPERlY.
WHEREAS, Notice of Public Hearing has been published on the proposed
sale of the below described city property, and
WHEREAS, the Woodburn City Council has conducted a public hearing on
December 17, 1990, to hear testimony concerning said sale, NOW, THEREFORE,
THE CllY OF WOODBURN RESOLVES AS FOLLOWS:
Section 1. The legal description of the involved property is as follows:
A Portion of Lot 1, Block 1, Industrial Park Addition NO.3
Beginning at the Southwest corner of Lot 1 , Block 1 ,
INDUSTRIAL PARK ADDITION NO. 3 as said subdivision is
platted and recorded in Volume 34, Page 9, Book of Town
Plats for Marion County, Oregon; thence North 41017'06" East
along the westerly line of said lot, a distance of 744.25 feet;
thence South 55043'53" East 208.21 feet; thence South
81007'41" West 10.37 feet; thence South 41017'06" West
parallel with the westerly line of said lot, 588.28 feet to a point
on the South line of said Lot 1; thence North 89038'49" West
along said South line 264.76 feet to the point of beginning and
containing 3.0755 acres of land, more or less.
SUBJECT TO a 16.00 foot wide storm drainage easement, said
easement being the westerly 16.00 feet of Lot 1, Block 1 of
INDUSTRIAL PARK ADDITION NO.3.
Section 2. The Council finds, based upon the report dated December 12,
1990 from the City Administrator and upon the public testimony herein presented, that
the property is not needed for public use and that it is in the public interest to sell said
property.
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COUNCIL BILL NO 1267
RESOLUTION NO. 1031
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Section 3. The Council further finds that the appraised value of the property
is $87,100.00 and that this is the fair market value of the property.
Section 4. The Council hereby authorizes the Mayor and Deputy Recorder
to execute the Agreement of Purchase and Sale with GFI - Woodburn Investments. Ltd.,
a copy of which is attached hereto ~~e, incorporat:d h~,n._~ 0
Approved as to form~ .Y"\J \ 2 I
City Attorney Date
APPROVED: ~ W ~
FRED W. KYS ,MAYOR
Passed by the Council De cembe r 17, 1990
Submitted to the Mayor December 17, 1990
Approved by the Mayor December 17, 1990
Filed in the Office of the Recorder December 18, 1990
ATTEST: /lJ~ }~
Mary Tenn t, Deputy Recorder
City of Woodburn. Oregon
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COUNCIL BILL NO 1267
RESOLUTION NO. 1031
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