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HomeMy WebLinkAbout1974-11-22 Resolutioni RESOLUTION :UNO, 74.517 RESOLUTION AUTHORIZING EXECUTIOid OF CONTRACT WITH FIRST CIiRISTIA14 CHURCH OF IOWA CITY WHEREAS',. the City of Iowa City,.'Iowa, has negotiated a contract with First Christian°Church a copy of said contract being attached to -this Resolution and by this reference made apart'hereof', and WHEREAS, the City Council deems it in the public interest to enter into said contract and.sell the property outlined in the proposal. NOW THEREFORE BE _IT RESOLVED BY THE CITY COUNCIL. 1. That the Mayor and City Clerk are hereby authorized and directed to execute the Agreement with First Christian Church 2. That the City Clerk shall furnish copies of said agreement to any citizen requesting same. 3. The Mayor and City Clerk are authorized to execute a contract and deed conveying the property upon fulfillment of the terms thereof. 4 The Contract for sale shall"be contingent upon the church or its assigns being the sucessful bidder for Elderly Housing, bids being received December 2, 1974. 5. The property involved -is described as: lots 3 and 4, and the west ,46`feet of lots -2 and 7, all in Block 43 in Iowa City, Johnson County, Iowa, according to the recorded plat thereof.: 6. The pug -chase price 'shall be -$113,400.00, which is declared to be the fair market value of the property for use as housing for the elderly. It was moved by Brandt and seconded by White that the Resolution betadopted, and.upon roll call there were: AYES: NAYS: ABSENT:. X Brandt X Czarnecki X Davidsen X deProsse X White 1Passed -anti approved this City Clerk 22nd da of , 1974.