HomeMy Public PortalAboutResolutions_23-35_9/11/2023 RESOLUTION NO. 23-35
RESOLUTION APPROVING PROPOSED SALE CONCERNING
REAL ESTATE IN MARCUS BUSINESS PARK TO SCHMILLEN
CONSTRUCTION, INC. IN THE CITY OF MARCUS, IOWA
WHEREAS, on this date a Public Hearing was held concerning the advisability of selling
public real estate by Quit Claim Deed to Schmillen Construction, Inc., concerning the
real premises located in the Marcus Business Park;
WHEREAS,the City has determined that a fair market value for the purchase of the
premises is $14,186.93 and is offering a rebate of$1,581.33 should a permanent building
be completed on the premises within one year, and has directed an Abstract of Title be
prepared for the Buyer;
WHEREAS, a resolution by the City Council is required in order for the City of Marcus,
Iowa issue a Quit Claim Deed on the premises.
NOW,THEREFORE, BE IT RESOLVED, the City Council of the City of Marcus Iowa,
hereby agrees to sell the following described real estate to Schmillen Construction, Inc.:
North Half of Lot 8, all in the Marcus Business Park being a
Subdivision of Parcel A of the Southwest Quarter of the Southwest
Quarter(SW%SW%) of Section 3,Township 92 North,Range 42 West
of the 5th P.M.,in the City of Marcus,Cherokee County,Iowa,as shown
in the Survey Plat recorded in Small Plat Book 11,Page 110 and as Doc.
#06 1972.
BE IT FURTHER RESOLVED, a Quit Claim Deed is authorized to be issued by the
Mayor and Clerk to complete the sale upon Closing;
BE IT FURTHER RESOLVED,the City Attorney is direct to prepare for and coordinate
the closing of this matter.
PASSED AND APPROVED this 11th day of September 2023
Pat Bunt—Mayor
ATTEST:
UP-63131.ff) (2 ??1JLLJCAA•
9414.
Robin A. Harvey, City Clerk-Treurer