HomeMy Public PortalAboutOrd 570 Sale of Property Freedom Buildings LLCGilmore & Bell, P.C.
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(Published in The Ark Valley Nerys on July 23,2015)
ORDINANCE NO.57O
AN ORDINANCE AUTHORIZING THE SALE AND DISPOSITION OF CERTAIN
PROPERTY UNDER A LEASE BETWEEN THE CITY OF BEL AIRB, KANSAS
AND THE CTTY OF BEL AIRE, KANSAS PUBLIC BUILDING COMMISSION.
WHEREAS, the City of Bel Aire, Kansas (the "City") and The City of Bel Aire, Kansas Public
Building Commission (the "PBC") have heretofore entered in to a Lease With Option to Purchase (the
"Lease"), dated as of April 15,2010, pursuant to which the City leases cefiain real property (the "Project
Site") from the PBC; and
WHEREAS, the Lease provides that the City may purchase unencumbered fee simple title to a
portion of the Project Site at such price as the PBC and City may agree upon in writing provided that
when only a portion of the Project Site is being purchased, the goveming body of the City shall authorize
such purchase by Ordinance and such Ordinance shall contain a legislative finding that such purchase will
result in use of the purchased properly in a manner consistent with K.S.A. 12-1157 et..teq., as amended,
and Charter Ordinance No. l0 of the City (the "Act") and with a commercial/industrial park facility that is
maintained for public, municipal or community purposes; and
WHEREAS, the governing body of the City hereby finds and determines that it is necessary and
advisable to purchase from the PBC a portion of the Project Site (the "Sale Property"), then sell such Sale
Property to the Third Party (as defined herein) at private sale; and
WHEREAS, the governing body further finds and determines that the purchase of the Sale
Property by the City and the sale of the Sale Property by private sale to the Third Party will result in the
continued use of the Sale Property in a manner consistent with the Act, and with a commercial/industrial
park f acility that is maintained for the public purpose of economic development.
THER.EFOR-E, BE IT ORDAINED BY THE GOVERNING BODY OF THE CITY OF BEL
AIRE. KANSAS:
Section 1. Sale of Property. It is hereby authorized, ordered and directed that (a) the City
purchase from the PBC the Sale Property, which is legally described as Lot 5, Block A, Sunflower
Commerce Park Addition, Sedgwick County, Kansas, and (b) the City sell the Sale Property by private sale
to the Third Party. The governing body of the City finds that the appraised value of the Sale Property,
according to Sedgwick County, Kansas records, is $117,600.00. The City will pay, and hereby
appropriates, to the PBC a purchase price equal to the net amount that the Third Party will pay for the
Sale Property ($117,600). After the sale of the Sale Property, the Projecr Site will have more than 100
acres.
Section 2. Authorization of Instruments and Documents. The Mayor and Clerk of the City
are each authorized [o execute, deliver and record such instruments and documents as are necessary to
effect the transactions described herein, among the City, the PBC, and Freedom Buildings LLC (the
"Third Party"), presented herewith, which contract is hereby approved in substantially the form presented.
Section 3. PBC Action as a Condition. The authorizations and approvals provided in this
nance are subject to and conditioned upon the PBC duly acting to authorize the PBC actions described
and herein.
Section 4. Lease Amendment. An amendment to the lrase, to revise the Project Site description
ize, the sale of the Sale Property, is hereby authorized, and the Mayor and Clerk of the City are
authorized to execute and deliver such amendment, and to deliver and record such instruments and
ments as mav be necessary to effect such amendment.
Section 5. Effective Date. This Ordinance shall take effect and be of force from and after its
by the governing body of the City, approval by the Mayor and publication in the official City
IBALANCE OF THIS GE INTENTIONALLY LEFT BLANK]
PASSED by the governing body of the City on July 21,2015 and APPROVED AND SIGNED
bv the Mavor.
Mayor