HomeMy Public PortalAboutRES-CC-2016-20CITY OF MOAB RESOLUTION NO.20-2016
A RESOLUTION CONFIRMING SATISFACTORY COMPLETION
OF DUE DILIGENCE AS TO REAL PROPERTY TO BE
ACQUIRED FROM STEWART LANE, LLC
a. The City of Moab has adopted a Wastewater Treatment Facilities Master Plan
(WTFMP) and has determined that it is necessary to construct a new wastewater treatment
facility on a new site and abandon the existing facility now located at 1070 West 400 North in
the City of Moab.
b. Pursuant to the WTFMP the City has determined that a five acre tract of real property
currently owned by Stewart Lane, LLC (Stewart), and commonly known as 1007 West 400
North, Tax Parcel No. 03-0002-0088 (Property), would be suitable for the construction of a new
wastewater treatment plant.
c. The City and Stewart have negotiated a Real Estate Purchase and Sales Agreement
with Stewart Lane, LLC (the Contract), in which Stewart will convey to the City the real property
needed for a new wastewater treatment plant, and the City will subsequently abandon and reclaim
the old wastewater treatment plant site, subject to certain other restrictions. The Contract was
approved by the City Council at its May 12, 2016 meeting.
d. The City has engaged in certain due diligence acts to verify that the Property meets
City requirements. The City determines that the public need for the new wastewater treatment
plant and the acquisition of the Property is sufficiently urgent that further due diligence is hereby
waived.
Now therefore, having convened a duly noticed public meeting of the City Council at
which quorum was present and a majority voting in favor, the City hereby confirms its approval
of the Contract and waives further due diligence with respect to the acquisition of the Property.
Thislresblution
effe
t immediately upon passage.
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Mayor David Sakrison Date
Attest:
Rachel Stenta, City Recorder
Resolution #20-2016
June 14.2016
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Date