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
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