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HomeMy WebLinkAbout2012-08-13 AgendaSubject to change as finalized by the City Clerk. For a final official copy, contact the City Clerk's Office 356 -5040. r Iowa City I,� City Council Agenda CITY OF IOWA CITY Special Formal August 13, 2012 - 12:30 p.m. City Hall — Harvat Hall 410 E. Washington www.icgov.org ITEM NO. 1 CALL TO ORDER Roll Call ITEM NO. 2 CONSIDER A RESOLUTION SETTING A PUBLIC HEARING FOR AUGUST 21, 2012 TO APPROVE A PURCHASE AGREEMENT BETWEEN THE CITY OF IOWA CITY AND AUTOHAUS LTD FOR LOTS 14 AND 15 WITH AN OPTION ON LOT 13 OF THE NORTH AIRPORT DEVELOPMENT SUBDIVISION AND TO CONSIDER A PROPOSAL TO CONVEY SAID PROPERTY. Comment: The North Airport Development Subdivision includes commercial lots, which have been marketed for sale to the general public. The City has negotiated a purchase agreement with Autohaus LTD which requires City Council approval. This resolution sets a public hearing on the purchase agreement for August 21. The purchase agreement provides that buyer will purchase Lots 14 and 15 for $336,936. The offer also includes an option to purchase Lot 13 for $166,617 until January 31, 2013. /-1-3b5 Action: ITEM NO.3 CONSIDER A MOTION TO ADJOURN THE SPECIAL MEETING. xe- �