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HomeMy WebLinkAboutMinutes 03/25/1988982 CITY COUNCIL MEETING Special Session Port Angeles, Washington March 25, 1988 I CALL TO ORDER Mayor McPhee called the meeting to order at 5:33 P.M. II ROLL CALL Members Present: Mayor McPhee, Councilmen Gabriel, Hallett, Lemon, Sargent, Stamon. Members Absent: Councilman Hesla. Staff Present: Manager Flodstrom, Assistant Attorney Kelly. Public Present: D. Alwine. III VI SUSPENDED VII LEGISLATION Consideration of Real Estate Offer for Seventh Peabody Property Manager Flodstrom gave Council a brief overview of the proposed offer and stated that this is the only offer the City has received. Manager Flodstrom stated that the fee that the Council established for the sale of the property is 7% on the first $100,000 and 3% thereafter, which was acceptable to Dennis Alwine, the broker involved with the sale. Councilman Stamon moved that Council re- affirm its decision to accept the offer presented by Mr. Alwine on behalf of Wayne Chapman and /or his assigns, in the amount of $113,000; terms: all cash at time of closing sale, subject to Farmer's Home Association loan approval for rural rental housing 515 Elderly Project; sale to close on or before six (6) months from date of acceptance, with a commission of 7% on the first $100,000 and 3% on the remaining balance. Councilman Hallett seconded. Councilman Stamon added to her motion that Council authorize the Mayor to sign the earnest money agreement. Councilman Hallett asked about the options the City has regarding other offers that may be made on this property. Manager Flodstrom replied that the City would have to inform any other interested parties that the City has accepted an offer which is pending for a 6 -month period. Council discussed the matter further. On call for the question, the motion carried. Manager Flodstrom advised Council that he had an offer on the Morse Creek property which needed attention, as it would expire before the April 5, 1988, Council meeting. Councilman Stamon felt that the item should be referred to the Real Estate Committee and that the interested party be asked for an extension uAtil the Real Estate Committee had a chance to review the offer, and then have the Real Estate Committee bring back a report to the Council. Councilman Hallett agreed with Councilman Stamon. Mayor McPhee asked if the Real Estate Committee could meet after this meeting. Councilman Lemon asked if the public was aware that the property was for sale. Manager Flodstrom stated that the public was aware; that this property has been up for sale since the early 1980's. Councilman Lemon stated that Council could discuss the item in executive session. Council agreed to discuss the item in executive session. -1- NOTICE of SPECIAL MEETING NOTICE IS HEREISY GIVEN that the City Codicil of Port Angeles, Washington, will hold a special meeting on Friday, March 25, 1988, at 5:30 p.m. in the City Council !Chambers at 321 East Fifth Street. The purpose of this special meeting is discuss a real estate r. An ex- ecutive session also be held to discuss real es- tate matter. i Michelle Maike City Clerk Pub.: March 25. 1988 VIII ADJOURN TO EXECUTIVE SESSION The meeting was adjourned to executive session at approximately 6:30 P.M. to discuss an item of real estate. IX RETURN TO OPEN SESSION The meeting returned to open session at approximately 6:40 P.M. Councilman Lemon moved the Council formally reject the offer made on the Morse Creek property, in the amount of $40,000. Councilman Stamon seconded, with the understanding that the item be referred to the Real Estate Committee and staff for further investigation or recommendation. On call for the question, the motion carried. X ADJOURNMENT Councilman Stamon moved for adjournment at 6:45 P.M. Councilman Lemon seconded and the motion carried. X Clerk Mayor CITY COUNCIL MEETING March 25, 1988 983