Title of Item:
AUTHORIZATION OF CITY MANAGER TO NEGOTIATE CONTRACT (RC):
RESOLUTON No. 18-2019; A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF STUART, FLORIDA AUTHORIZING THE CITY MANAGER AND CITY ATTORNEY TO NEGOTIATE A REAL ESTATE SALES AGREEMENT; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES.
Summary Explanation/Background Information on Agenda Request:
During the City Commission Workshop on January 22, 2019, the City Commission directed the City Manager to explore the opportunity for the City to acquire property for redevelopment which is strategically located near Memorial Park in Stuart. The City Manager has explored the property as well as the feasibility of same and has determined that this acquisition could be a very good opportunity for the City. However, before moving forward, the City needs to enter into a contract for sale which will also authorize access to the property for inspections and other matters. Staff is seeking authorization to allow the City Manager to negotiate a contract which will be returned to the Commission for ratification.
Funding Source:
Negotiation will not require funding.
Recommended Action:
Motion to Approve Resolution 18-2019 authorizing City Manger to negotiate a real estate contract for the acquisition of strategically located redevelopment property within the City of Stuart. | | |