HomeMy Public PortalAbout015-2007 Resolution Authorizing Sale of realBOARD OF PUBLIC WORKS AND SAFETY
OF THE CITY OF RICHMOND, INDIANA
RESOLUTION NO. 15 -2007
A RESOLUTION AUTHORIZING THE SALE OF REAL ESTATE
WHEREAS, The Board of Public Works and Safety ( "Board ") is the disposing
agent for real property owned and to be transferred or acquired by
the City of Richmond, Indiana ( "City ") pursuant to the provisions
of Indiana Code (IC) 36 -1 -11, et. Seq. (the "Act "); and
WHEREAS, On August 10, 2007, an Agreement to Sell and Purchase Real
Estate was entered into by and between Economic Development
Corporation of Wayne County, Indiana, an Indiana not for profit
corporation, as Seller, (hereinafter referred to as "EDC ") and
Daniel D. Stamper, d /b /a Thor Construction Company, as
Purchaser, (hereinafter referred to as "Stamper ") for the purchase
price of Forty Thousand Dollars ($40,000.00).
WHEREAS, On October 22, 2007, there was a first amendment to agreement to
sell and purchase real estate, a part of Lot 9, Midwest Industrial
Park, was entered into by and between Stamper as Purchaser and
EDC as Seller and said agreement had to be approved by the City
of Richmond by and through its Board of Public Works and Safety.
WHEREAS, The Agreement to Sell and Purchase Real Estate between EDC and
Stamper had to be approved by the City of Richmond, Indiana, by
and through its Board of Public Works and Safety, in that the City
of Richmond, Indiana, was the owner of said real estate. Said real
estate being legally described as set forth on Exhibit A, which is
attached hereto and incorporated herein by reference.
WHEREAS, The Purchaser, EDC, is anxious to close on the sale of the real
estate as soon as possible with the closing date scheduled either
December 14 2007 or the week of December 21 2007.
WHEREAS, The Board of Public Works and Safety of the City of Richmond is
the entity that must approve the sale of real estate on behalf of the
City of Richmond; and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF PUBLIC WORKS
AND SAFETY OF RICHMOND, INDIANA, that said Board approves the purchase of
the real estate as described on Exhibit A from the City of Richmond, Indiana to
Economic Development Corporation of Wayne County, Indiana, for the total sum of
Forty Thousand Dollars ($40,000.00).
NOW FURTHER BE IT RESOLVED BY the Board of Public Works and Safety of
Richmond, Indiana, that the Board President, Vicki Robinson, for and on behalf of the
City of Richmond, Indiana, to effectuate the closing on the sale of, and closing on the real
estate, described on Exhibit A, situate in Richmond, Indiana, from the City of Richmond
to EDC.
THIS RESOLUTION IS ADOPTED THIS 13 DAY OF DECEMBER, 2007.
City of Richmond
Board of Public Works and Safety
S/S Vicki Robinson
Vicki Robinson, President
S/S Dian Lawson
Dian Lawson
S/S Mary Jo Flood
Mary Jo Flood