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HomeMy Public PortalAboutOrd 595 Sale of Certain Property PBCGilmore & Bell, P.C. 6t1t20r6 (Published inThe Ark Valley Nau,s on J:une23,2016) ORDINANCE NO.595 AN ORDINANCE AUTHORIZING THE SALE AND DISPOSITION OF CERTAIN PROPERTY UNDER A LEASE BETWEEN THE CITY OF BEL AIRE, KANSAS AND THE CITY 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 L,ease With Option to Purchase (the"Lease"), dated as of April l-5,20 10, pursuant to which the City leases certain real property (the "Pr.oject Srte") from the PBC: ancr WHEREAS, the Lease plovides 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 governing body of the City shall authorize such purchase by Ordinance and such Oldinance shall contain a legislative finding that such purchase will resuft in use of the purchased property in a mannel consistent with K.S.A. 12-1151 et seq., as amended, and Charler Ordinance No. l0 of the City (the "Act") and with a commercial/industrial park facility thar 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 helein) at private sale; and WHEREAS, the govet'ning 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 ro the Thrrd Parry will result in the continued use of the Sale Propelty in a manner consistent with the Act, and with a commerciaVindustrial park facility that is maintained for the public purpose of economic development. THEREFORE, BE IT ORDAINED BY THE GO\'ERNING BODY OF THE CITY OF BEL AIRE, KANSAS: Section l. 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 rhe Sourh 50 feet of Lot 4, Block A, Sunflower Commerce Park Addition, Sedgwick County, Kansas, and (b) the City sell the Sale Property by private sale to the Third Party, or assigns of the Third Party. The governing body of the City finds that the appraised value of the Sale Property, accolding to Sedgwick County, Kansas records, is $13,000. 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 Ploperty ($13,114). After the sale of the Sale Property, the Project Site will have more than 100 acres. Section 2. Authorization of Instruments and Documents. The Mayor and Clerk of the City are each authorized to execute, deliver and record such instruments and documents as are necessaly to effect the transactions described herein, among the City, the PBC, and Factory Direct Copper ancl Granite, LLC (the "Third Pany"). Section 3. PBC Action as a Condition. The authorizations and approvals provided in this Ordinance are subject to and conditioned upon the PBC duly acting to authorize the PBC actions described therein and herein. Section 4. L,ease Amendment. An amendment to the lrase, to revise the Project Site description to recognize the sale of the Sale Property, is hereby authorized, and the Mayor and Clerk of the City are each authorized to execute and deliver such amendment, and to deliver and record such instruments and documents as may be necessary to effect such amendment. Section 5. Bffective Date. This Ordinance shall take effect and be of force from and after its passage by the governing body of the City, approval by the Mayor and publication in the offrcial City newspaper. IBALANCE OF THIS PAGE INTENTIONALLY LEFT BLANK-I PASSED by the governing body of the City on June 21,2016 and APPROVED AND SIGNED bv the Mavor. (sEAL) ATTEST: